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*** LATEST UPDATES ***
Special commentary below
Tradingroom Results
1 point per EMINI contract = $50
Results below are for 10 contacts per trade
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Week ending 2009/04/10 +13..$6500
Week ending 2009/04/17 +5...$2500
Week ending 2009/04/24 +9...$4500
Week ending 2009/05/01 +10..$5000
Week ending 2009/05/08 +8...$4000
Week ending 2009/05/15 +3...$1500
Week ending 2009/05/22 +11..$5500
Week ending 2009/05/29 +7...$3500
Week ending 2009/06/05 +12..$6000
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Current Option Activity
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OPTION
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DATE
ENTERED
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ENTRY
PRICE
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HIGHEST$
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HIGHEST%
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.BDUFW
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05/15/09
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3.20
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40.00
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1150%
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.CXJRH
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05/22/09
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1.70
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1.70
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0%
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.OEWRJ
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05/22/09
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1.45
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1.45
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0%
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.OEWRL
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05/27/09
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1.50
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1.50
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0%
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RECAP FOR THE WEEK OF: June 1, 2009
Expect the market to be moving lower by the end of the week.
Monday should see the largest change this week. If not Monday, then Wednesday.
Follow up:
Bullseye: Monday was the big move this week (DJIA +221) and had the largest intraday move (DJIA 219 points)
The market dipped down mid week, but then moved higher. So, we were wrong in expecting " the market to be moving lower by the end of the week." HOWEVER, a OSS reversal did happen on Wednesday, and if you take a look at a 30 minute candle chart of the OEX you will see the reversal was right in the middle of a double top. This fits well with our next reversal date which is Monday. Ahh...I think I just gave away some free tradable advice there.
View past OEX REVERSAL dates.
FORECAST FOR THE WEEK OF: June 8, 2009
Marekt to go down.
There was a Full Moon on Sunday. (See unexplained mysteries)
Most active day: Thursday or Friday. I put my money on Thursday as both Retail Sales
and Jobless Claims will be reported at 8:30 EST.
Subscribers to the Option Signal Service will be notified when to take action.
Use link at the top of the page to subscribe now.
MAY 2009 RECAP OF SINGLE DAY MOVERS
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WEEK OF
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PREDICTED
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ACTUAL
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NOTE
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| 05/04 |
05/04 |
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05/04 |
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| 05/11 |
05/11 |
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05/13 |
11th was 2nd |
| 05/18 |
05/18 |
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05/18 |
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| 05/18 |
5/21 2nd |
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5/21 was 2nd |
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| 05/25 |
05/26 or 05/27 |
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05/26 |
27th was 2nd |
| 06/01 |
06/01 |
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06/01 |
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SPECIAL COMMENTARY
The following is a reprint from last week's newsletter. I think it is important enough to publish a 3rd and last time.
It is time to review a few predictions I have made in past newsletters:
- This ecomonical mess we are in is not over; it is going to get worse.
- I expect gold to hit $3000
- I expect to DJIA to bottom somewhere between 4000 and 4500.
- We are approaching a cycle bottom that last bottomed in 1931.
If you have been reading this newsletter for awhile, you know I monitor many other newsletters and trading services. From time to time these other services will have information I feel is important. The following chart is from moneytide.com. I thought you would find it interesting.

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FINANCIAL EVENTS THIS COMING WEEK
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Monday, 08-Jun-2009
11:00 4-Week Bill Announcement
01:00 3-Month Bill Auction
01:00 6-Month Bill Auction
Tuesday, 09-Jun-2009
07:45 ICSC-Goldman Store Sales
08:55 Redbook
10:00 Wholesale Trade
01:00 4-Week Bill Auction
01:00 3-Yr Note Auction
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Wednesday, 10-Jun-2009
07:00 MBA Purchase Applications
08:30 International Trade
10:00 Quarterly Services Survey
10:30 EIA Petroleum Status Report
01:00 10-Yr Note Auction
02:00 Beige Book
02:00 Treasury Budget
Thursday, 11-Jun-2009
08:30 Retail Sales
08:30 Jobless Claims
09:00 RBC CASH Index
10:00 Business Inventories
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
01:00 30-Yr Bond Auction
04:30 Fed Balance Sheet
04:30 Money Supply
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Source: MyPivots
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