The Ord Oracle

August 13, 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: Long SPX on 8/2/07 at 1472.20.
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.
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NYSE McClellan Summation index and Oscillator:
The chart below is the NYSE with its McClellan Oscillator and Summation index. When McClellan Summation index reaches below -500 it implies the NYSE is very oversold and near an intermediate term low. Friday’s reading came in at -1240.87. Once the Summation index turns up from below -500, it implies the NYSE has seen its low. As of Friday’s close the Summation index has not turned up but is in area where intermediate term bottoms form. The Oscillator hit minus 344 and is the type of reading found at intermediate term lows. Also the NYSE making lower lows as the Oscillator was making higher lows and a bullish divergence.   Today’s bounce came on light volume which we interrupt that there may be more backing and filling for near term. Last week showed panic and panic appear near market bottoms and is a bullish sign.

The market is at an important junction and is about ready to start an intermediate term advance. We are long the SPX on 8/2/07 at 1472.20.

Above is Nasdaq and it’s McClellan Oscillator and Summation index. Bottoms from on the Nasdaq Summation index turns up from below – 750. The Summation index closed Friday at -807.44 but has not turned up yet and therefore has not triggered a bullish signal yet. Nasdaq Oscillator readings below -60 predict intermediate term bottoms and the Oscillator reached below -80 a couple of weeks ago. Since then the Nasdaq has made a series of minor lower lows as the Oscillator made higher highs and is a bullish divergence. When the Summation index reaches below -750 (red arrow) and the Oscillator reached below -60 (blue arrow) near the same time span then there is a double confirmation that the Nasdaq is nearing or at an intermediate term low. When the Summation index turns up from below -750, this condition implies the bottom is in. So far the Summation index has not turned up. Friday the NDX 100 tested its previous low on lighter volume and closed above the previous low creating a bullish sign. We are staying neutral for 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 daily chart of the Global Gold Index ($SPTGD) dating back to late 2000, with its Price Relative to Gold ratio (PRTG). Price Relative to Gold is a ratio of the Price of Gold to the Price of an index and in this case we are comparing gold to the Canadian gold index (Global Gold Index). This ratio shows when gold stocks are cheap or expensive compared to the yellow gold itself. When this ratio is low (below 4.50) it implies gold stocks are cheap and at a good buy area. At major lows PRTG falls very low near the 4.00 range (Noted on chart above with blue arrows). This cheapness of gold stocks shows up when gold stocks are out of favor and selling at a very low discount which in turn is a very good buying opportunity. Today the Price Relative to Gold reached 4.1684 and in very bullish territory. When Gold stocks are expensive (and in favor) this ratio may rise to 6.0 range or higher and will imply gold stocks are selling at a premium and would be the time to look to sell our gold issues. We are long the XAU at 142.42.

"Timer Digest" has ranked Tim Ord as the #1 gold timer for one year ending 1/13/06.
Bought TRE at 4.93 on 8/1/07. 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 KGC on (7/30/04) at 5.26 and we now have an average price at 6.07.
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.

email: tim@ord-oracle.com

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

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