Bottom Line On The Market

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 a ½ position in the Nasdaq on 11/2/06 and on 1/3/07 for an average short at 2378.59. Short the QQQQ on 3/23 at 44.17.
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:

SPY market:
Near term the SPY appears to have drawn a “Three Gap Play” and suggest for the short term a pull back is likely. Downside target is where the first gap formed which is near the 142 range. We don’t have it shown but the Summation index is on its third high and about to turn down. When the Summation index turns down from its third high (According to “Patterns For Profit” by Sherman McClellan) is when an intermediate term decline can begin. However, the 55 day ARMS, has hit into an area where intermediate term bottoms form and contradict the bearish triple top in the Summation index. Near there appears at least a pull back is possible to fill the first gap of the Three Gap Play down to the 142 range. We will see what the statistics say there. We covered our short on the SPX and waiting for more information. Flat for now.
Nasdaq 100 market:
The chart below is daily QQQQ. Last Friday the QQQQ tested the first high of 1/16 on lighter volume and closed below that high and triggered a sell signal. The weekly charts also triggered a sell signal. This sell signal is triggered in the same way as 2/22 high sell signal on the QQQQ. There also appears to have been a “Three Gap Play” that formed in the April rally and the “Exhaustion Gap” (third gap up) from last Friday and implies the short term uptrend ended on Friday. Three Gap Play has a minimum downside target to the first gap which in this case comes in near the 43.75 range. To get through the current highs near the 45.5 range high the QQQQ would need to produce a “Sign of Strength” (SOS) (which is big volume and price move day) other wise it turns into a sell signal. The weekly PMO remains on a sell signal also. We hold an average short position on the Nasdaq at 2378.59. . Shorter term trade, on 3/23 Short QQQQ at 44.17. For downside target on the QQQQ, should at least see the previous lows near the 42 range.

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 is the Market Vectors Gold Miners (GDX) in the Ord-Volume format. To get through the 42.50 level highs dating back to September 2006, the market would need to produce a “Sign of Strength” (which a high volume and big jump in price otherwise it turns into a sell signal and head back to previous low near the 36 range. Current down leg has 18% more energy than previous up leg and suggest the current down leg should continue. The previous up leg going into the recent high had 38% less energy than the previous down leg and shows there is still more force push down. We still remain neutral on the XAU for now. Current the GDX should head for the previous low near the 36 range which equates to the 130 range on the XAU.

"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.

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

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