Spaf
Honorary Hall of Fame Member
imported post
The Kingdom of TSP
Sunday-Weekly
(Early Edition)
Market News, Doodles, Tea Leaves, & Yak Date: July 10, 2005
Market News.
Kingdom Talk: Busy week planned for Horseman Earnie. Report Cards due!
Other News: -> http://www.briefing.com/SilverIndex.htm
Doodles, and Tea Leaves - Weekly.
Doodles:
S&P 500 (Index)
Closed at 1211.86, up +17.42
CMF (money flow) at -0.013, up +0.101
RSI (strength) at 58.2, up +10.3
MACD (trend) at 2.19, up +0.45 (bearish)
Nymex (Crude oil)
Closed at 59.63, up +0.88
Insert: S&P (3mo) chart ending 07-08. Added: 20dMA P-SAR, RSI, and MACD.
Tea leaves: Yellow / Green
Yak.
Remarks: Indicators turning favorable. Continuation could change the MACD tobullish.Caution, oil remains in worry range.
Holding: 100% G. May go to stocks if fundamentals and indicators hold.
S&P stops: Primary = 1188 (-24), Alert = 1200 (-12).
Oil factor: <55 = OK. 55-60 = worry. >60 = Panic.
Weekly TSP Returns: G= +.01, F= -.02, C= +.19, S= +.36, I= +.03
Rgds
Spaf
The Kingdom of TSP
Sunday-Weekly
(Early Edition)
Market News, Doodles, Tea Leaves, & Yak Date: July 10, 2005
Market News.
Kingdom Talk: Busy week planned for Horseman Earnie. Report Cards due!
Other News: -> http://www.briefing.com/SilverIndex.htm
Doodles, and Tea Leaves - Weekly.
Doodles:
S&P 500 (Index)
Closed at 1211.86, up +17.42
CMF (money flow) at -0.013, up +0.101
RSI (strength) at 58.2, up +10.3
MACD (trend) at 2.19, up +0.45 (bearish)
Nymex (Crude oil)
Closed at 59.63, up +0.88
Insert: S&P (3mo) chart ending 07-08. Added: 20dMA P-SAR, RSI, and MACD.
Tea leaves: Yellow / Green
Yak.
Remarks: Indicators turning favorable. Continuation could change the MACD tobullish.Caution, oil remains in worry range.
Holding: 100% G. May go to stocks if fundamentals and indicators hold.
S&P stops: Primary = 1188 (-24), Alert = 1200 (-12).
Oil factor: <55 = OK. 55-60 = worry. >60 = Panic.
Weekly TSP Returns: G= +.01, F= -.02, C= +.19, S= +.36, I= +.03
Rgds

