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OPTION SIGNAL SERVICE
http://www.oss.cc

Weekly Newsletter

 

THIS MONTH'S OSS RESULTS

DATE

OPTION

BOUGHT

SOLD

PROFIT

12/22/09 .NVLS 1.40 2.80 +100%
12/22/09 .BYYAH 1.30 .65 -50%
12/30/09 .APUMS 1.00 .50 -50%
1/11/10 .MIRMT 1.00 2.00 +100%
1/12/10 .FHUMD 1.60 2.10 +30%

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U.S. Debt Clock http://www.usdebtclock.org/ tick....tick....tick......tick.....BOOM!

How much further in debt are U.S. Tax Payers?


RECAP FOR THE WEEK OF: Jan 18th, 2010

Minor cycles are positive this week, and negative next week. Major cycles are negative for the next month. We may see a pop to the upside this week, but it should be short-lived. There is a powerful storm a brewing. Expect "sudden events" in the world to negatively effect the markets over the next two weeks. Don't get caught being long!

I expect Tueday to be the big mover this week.

Follow-up

How many times do I have to say this: my big mover prediction suck around holidays. Tuesday was a big mover, but it was not even close to being "the" big mover.

A one day rally to new highs, then a sudden reversal to the downside. I think we predicted last week fairly well.

 

 

Reversal chart for Sept - Nov has been posted. View here


FORECAST FOR THE WEEK OF: Jan 25th, 2010

Markets have been moving in a ever narrowing wedge for a number of months. Last week the OEX, QQQQ, and many other markets finally broke-out of the wedge to the downside. This points to further declines.

Monday the markets made a 15-month high before turning down. There are a number of important factors associated with this high pointing to lower lows:

  • It came one week before the Gann weekly reversal we have been waiting for.
  • Monday was a 50% retracement from the high in Oct 08 to the low in Mar 09.
  • Candlesticks last week show an almost perfect Three Black Crows reversal.

If markets move up, or go sideways during the first part of the week, expect sharp loses on Thursday and/or Friday.

This week we have a weekly Gann reversal and a daily Gann reversal on 1/27.

Last week, OSS subscribers were told to buy OEX puts.

I expect Thursday to be the big mover this week. Don't forget Jobless Claims will released on Thursday.

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RECENT SINGLE DAY BIG MOVER PREDICTION RESULTS

WEEK OF
PREDICTED
ACTUAL
NOTE
05/04 05/04
05/04  
05/11 05/11
 
05/13 11th was 2nd
05/18 05/18
05/18  
05/18 5/21 2nd
5/21 was 2nd  
05/25 05/26 or 05/27
05/26 27th was 2nd
06/01 06/01
06/01  
06/08
06/11 or 06/12
06/11
12th was 2nd
06/15 06/15 06/15  
06/22 06/22 06/22  
06/29 06/29   07/02 06/29 was 2nd
07/06 07/06  1 07/07 Early by one
07/20 07/20   07/23 07/20 was 2nd
07/27 07/29  1 07/30 Early by one
08/10 08/10   08/12 Missed
08/17 08/17 08/17  
08/24 08/26  1 08/27 Early by one
08/31 09/01 09/01  
09/07 09/10 09/10  
09/14 09/17 1 09/16 Late by one
09/21 09/23 09/23  
09/28 10/01 10/01
10/05 10/05 1 10/06 Early by one
10/26 10/26 or 10/29 1 10/30 Early by one
11/09 11/10 1 11/09 Late by one
11/16 11/16 11/16
11/30 12/02 1 12/01 Late by one
12/07 12/11 12/08 Way off! :-(
12/14 12/17 12/17 -132.86
01/04 01/07 2 01/04 2nd biggest move
01/11 01/14 or 01/15 01/15
01/18 01/19 01/22

RECENT SINGLE DAY UP/DOWN INDICATOR RESULTS

DATE
PREDICTED
RESULT
NOTE
12/17 UP UP +20.63
01/04 UP UP +155.91

 

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FINANCIAL EVENTS THIS COMING WEEK

Monday, 25-Jan-2010

10:00 Existing Home Sales
11:00 4-Week Bill Announcement
11:30 3-Month Bill Auction
11:30 6-Month Bill Auction

Tuesday, 26-Jan-2010

07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 S&P Case-Shiller HPI
10:00 Consumer Confidence
10:00 FHFA House Price Index
11:30 4-Week Bill Auction
01:00 2-Yr Note Auction

Wednesday, 27-Jan-2010

07:00 MBA Purchase Applications
10:00 New Home Sales
10:30 EIA Petroleum Status Report
01:00 5-Yr Note Auction
02:15 FOMC Meeting Announcement


Thursday, 28-Jan-2010

08:30 Durable Goods Orders
08:30 Jobless Claims
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
01:00 7-Yr Note Auction
04:30 Fed Balance Sheet
04:30 Money Supply

Friday, 29-Jan-2010

08:30 GDP
08:30 Employment Cost Index
09:45 Chicago PMI
09:55 Consumer Sentiment
03:00 Farm Prices

 

Source: MyPivots

 

 

 
 

Please contact me with any questions/comments.

--Rob

The Option Signal Service

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