Bottom Line On The Market


Monday March 12, 2007
Tim Ord, Editor                              16928 Van Dorn Street                                 Walton, Nebraska 68461
www.ord-oracle.com                              (402) 486-0362
"Timer Digest" Tim Ord ranked #5 for 6 months ending 10/6/06 and #1 in Gold for one year ending 1/13/06.
For 30 to 90 days horizons:  Short SPX on 11/27/06 at 1381.95.  Short a ½ position in the Nasdaq on 11/2/06 and on 1/3/07 for an average short at 2378.59.
Monitoring purposes XAU: Flat XAU.
Longer Term Trend monitoring purposes:  Short SPX On 3/21/06 at 1297.23.
We have "800" phone update that cost $2.00 a min. and billed to a credit card.  Call (1-970-224-3981) for sign up. We update Eastern time at 9:45; 3:15 and 4:00. Question? Call me (402) 486-0362.
New Book release called "Master Traders" with Tim Ord on "The Secret Science Of Price and volume.  We will autograph the book in the wording you chose if bought through The Ord Oracle.  Our price $50 total including shipping.
Spy Market in Ord-Volume format:

From the late February high the volume and price spread increased and produced a “Sign of Weakness” and a bearish condition.  Resistance lies near 144.20 on the SPY which is where a “Break away Gap” formed.  The 144.20 on the SPY equates to the 1442 range on the SPX and may be the area where the next top forms.  This week is option expiration week which usually has a bullish bias and the SPX should rally this week.  The bigger trend is down and we are expecting and intermediate term decline to take the SPX down to near the 1140 range.  We are short the SPX at 1381.95. 
 
Nasdaq 100 market:
Below is the daily Nasdaq 100, ($NDX) chart in the Ord-volume format.  On the recent decline for the lat February high, Ord-Volume increased by 26% compared to the previous up leg and shows force is now to the downside and a bearish condition.  In Richard Wyckoff terms is a “Sign of Weakness” off from the highs and a bearish condition.  Expiration week usually has a bullish bias there is a good possibility the NDX may bounce this week.  Resistance lies at the gap level that formed near the 1810 range last week.  Gaps are like magnets, drawing the market to them.    Therefore a possible bounce to the gap level during option expiration week is possible.  If the gap at the 1810 range on the NDX is tested on lighter volume then that will create a bearish signal.  If a bearish signal is triggered at the 1810 level on the NDX then that would be a good place to add to short positions.   We hold an average short position on the Nasdaq at 2378.59.  Our downside target on the Nasdaq is near the 1900 level.  

Bought Ivan (Invanhoe Energy) 4/13/06 at 2.55,Energy stock.  Could go to Gap area (November 2003) near 5.40.  On 4/2, we Bought ASTM at 1.92, Biotech group. Bought GNBT at 1.74 on 7/10/06, sold on 10/17 at 2.15 for 24% gain.  biotech.  Bought ARIA at 3.89 on 7/27/06, Pharmaceutical, sold 9/29/06 at 4.51 for 16% gain.
 
Gold Market:
Below we have displayed Ord-volume analysis going back to mid November 2006.  Ord-Volume displays the energy in each up and down leg.  From the November low, there has been more energy on the down legs compared to the up legs and suggest there is more force to the downside and a bearish condition for the near term.  Resistance now lies at the gap level near the 41.30 range and GDX could head there before heading lower to our downside target at 32 range.   The anniversary of last years high comes in May.    A lot of the time previous important highs and lows in the past mark important turn in the future.   Therefore there is a possibility the market may hold down until the May time frame.    The next major impulse wave up may start near the 32 on GDX and 115 range on the XAU.  We are neutral on the XAU for now.”

"Timer Digest" has ranked Tim Ord as the #1 gold timer for one year ending 1/13/06.
We bought PMU (5/27/05) at .50 and bring our average price to .81.  Long TRE at 2.55 on 11/1/05, sold at 3.39 on 12/3/05 for 33% gain.   Long NG at 8.47 on 11/2/05.  Sold NG on 11/30 at 9.20 for gain of 9%. Long DROOY at 1.27 on 11/9/05,  Sold 1/19/06 at 1.89 for 49% gain.  Long AGT at .33 on 2/1/06, Sold at .66 on 4/21/06 for 100% gain.  Long TRE at 6.84 on 3/6/06, sold 9/13 at 5.19 for loss 24%  We bought TGB at 1.84 on 3/27, Sold on 8/10 at 2.34 for 27% gain.
GRZ, bought at 6.30 on 5/19/06, sold 9/13 at 4.30 for loss of 32%. 
We doubled our positions in BGO on (7/30/04) at 2.34 and we now have an average price at 2.70. Long NXG average of 2.26. We bought PMU (5/27/05) at .50 and bring our average price to .81.  Bought RNO on 9/11/06 at 2.15.  Sold 9/12 at 2.18 for 2.3% gain.  For examples in how "Ord-Volume" works, visit www.ord-oracle.com


All the Best,
Tim Ord

email: tim@ord-oracle.com

visit my website at www.marketweb.com/ord

Tim Ord, The Ord Oracle
17300 Van Dorn Street
Walton, NE 68461
(402) 486- 0362

OEX Market Recommendations
1-900-933-6733
$2.25 a min.; 1-4 min.; 18 yrs. or older

  

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