The Ord Oracle

July 16, 2007

And The All New Market Analysis

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: Long SPX on 7/12/07 at 1547.70.
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.
S&P Market:

Above is the chart of the SPX index. Last Thursday the SPX jumped above the downtrend line connecting the highs going back to early June. This jump above this downtrend line was accompanied by a “Sign of Strength” (SOS) and implies a valid breakout. Normally after a “SOS” the market will pull back to the breakout area and this breakout area should hold as support. In the case of the SPX the support area comes in near the 1532 range. The Next Chart below we have shown before and it’s the Rydex Cash Flow Ratio on the SPX and it’s worth a look again. Going back to early 2003 the Rydex Cash Flow Ratio has picked out every worthwhile low. When this ratio reaches near 1.10 a bottom is not far off. Friday’s close came in at 1.02. Therefore, according to this ratio a minor pull back can occur here but is not in a place where extended decline can begin. Therefore, a pull back to 1532 is possible but that should represent the extent of the decline before another up leg begins. A possible bullish setup may develop near the 1530 range. We are staying flat the S&P for Now.

Nasdaq global Market(QQQQ)

The QQQQ has the appearance of a “Bearish Rising Wedge”. A “Bearish Rising Wedge” is a pattern where the rising boundary lines of the lows and the rising boundary of the highs meet out into an Apex. As the market works towards this Apex the volume gradually decreases. Volume decreasing as the market rallies shows the upside force is waning and at some point the market will reverse. “Rising Wedges” have downside target to where the pattern began and in this case it would be near the 46.5 range on the QQQQ, which equates to 1900 on the NDX. Also notice that the RSI is over 70%, closing Friday at 72.2% and in an area where short term tops can form. Once this pull back is completed the rally is expected to continue. Flat the Nasdaq for now.

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.

Gold Market:

Above is the weekly XAU and it’s Price Relative to Gold ratio dating back five years. Major buy signals are triggered on XAU when “Price Relative to Gold” (PRTG) closes above the downtrend line connecting the highs going back several months. A major buy signal was triggered by this method several weeks ago and predicts a major impulse wave to the upside has begun. When PMO turns up the same time as when PRTG has bullish crossover also helps to confirm bullish rally wave. We are long the XAU at 142.42 on 6/1/07.” On 7-10-07 we bought CDE at 4.08 and we are looking to add addition Gold issue holdings and one issue we are watching closely is WITM.

"Timer Digest" has ranked Tim Ord as the #1 gold timer for one year ending 1/13/06.
Bought CDE at 4.08 on 7/10/07. 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. 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