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: Flat
Monitoring purposes XAU: Long XAU on 6/1/07 at 142.42.
Longer Term Trend monitoring purposes: Flat.
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.
Above is the Trin 5. The Trin 5 is the closing Trin (ARMS) for the last five days added up. When the Trin reaches 1.50 or higher on the close, it implies a short term oversold market. When five days of extreme Trin readings add up near the 7.5 range then and intermediate term oversold condition is implied and bullish for the market. The Trin 5 came in at 5.02 on Friday and not in an area where bottoms form in the market. Therefore the market may pull back more near term to where the daily Trin starts to exceed the 1.50 range. The July 4 timeframe can mark turns in the market (Next Wednesday is July 4 and the market is closed for that day). If the market does slide back into the July 4 timeframe and the Trin 5 approaches 7.5 level near the support level from 1490 down to 1460 range a bullish signal could get triggered. We are staying neutral for now.
Nasdaq Market:
Above the is the QQQQ. Support on the QQQQ comes in near the 46 level and
second support comes in near 45.5 range which equates to 1875 and 1850 range on
the Nasdaq 100. There is a short term divergence on the CCI where the QQQQ made
higher highs and CCI made lower highs and the same type of divergence that
appear at the February high before the market took a short term tumble. The
market may wiggle lower into the July 4 time frame where next low may form,
possibly near the 1875 to 1850 range on the NDX. The longer term sentiment
readings are still bullish and therefore the bigger trend is up. We will be
watch the Trin 5 closely for a reading near the 7.5 range and the Rydex Cash
flow ratio reach into the bullish level near the 1.10 or higher for confirmation
of a low. We are neutral on the Nasdaq for the moment.
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 Put/Call Ratio for the XAU dating back one year (Courtesy of
www.wallstreetcourier.com ).
Readings near 1.70 and higher on the Put/Call ratio for the XAU have produced
intermediate term lows in this market. The chart below shows that the Put/Call
ratio for the second week in a row has hovered above the bullish 1.70 reading
and suggest more extreme bearishness and implies a larger rally my follow.
Seasonality wise May through the first of July mark where gold usually bottoms
and July 4 a lot of the time marks the beginning of the gold rally. July 4 is
next Wednesday of which the market is closed that day. Our thinking is that the
next strong rally in the XAU will begin next week and probably on Thursday.
The XAU is at the lows and about to start a significant rally to the upside.
Today we sent out an email notice that we bought UXG (Gold Issue) at 5.17. We
are long the XAU at 142.42 on 6/1/07.
"Timer Digest" has ranked Tim Ord as the #1 gold timer for
one year ending 1/13/06.
Bought UXG at 5.17 on 6/25/07. Bought NXG at 3.26 on 6/4/07. Bought PLM at 3.73
on 6/1/07. We bought PMU (5/27/05) at .50 and bring our average price to .81.
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
OEX Market Recommendations
1-900-933-6733
$2.25 a min.; 1-4 min.; 18 yrs. or older
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