omi

I have written about the Dow Jones Industrial Average before. I also made a gutsy prediction that the DJIA would hit 14,000 by February 25th, 2007 . I still stand by that forecast.
But first things first. Clearly in order for the DJIA to get that far, the first thing it has to […]

For about half a year I have been watching and observing the Coca Cola stock price. Needless to say this is a very slow moving stock and for good reason, it has 2.25 BILLION shares in the float. Definitely a beast or dog to the hot blooded trader. However, what I am […]

I still think a huge move is coming for the Dow Jones Industrial Average. Not a one day wonder, but more like a steady sloping upward trend.
There are a huge number of buy stops just above 11,000 , that once activated will send the market a lot higher than most people probably believe at the […]

I am going to post a chart here which should give you a rock solid dose of long term thinking. Ponder for a moment your long term opinion on the market.. do you have one? Bearish, Bullish or in between? It goes without saying that a fairly confident long term forecast can help […]

The S & P 500 powered down with volume today.. Quite heavy volume too. A test of 1163 is starting to look like a very good possibility now and would at least open up the possiblity of that reverse head and shoulders pattern setup I mentioned in an earlier posting.
After looking more carefully at […]

Whether you are a beginning trader just starting to get the feel for the business and making your first trade, or an experienced pro unfazed by anything the market throws at you, chances are that you are still susceptible to the emotional highs and lows of your day to day or month to month trading […]

The S & P 500 will break to new all time highs. I have no doubt in my mind as of June 20th 2005 that the S&P 500 will eventually break out to new all time highs and likely head for a test of the next swing point of May 22nd 2001.
We saw very […]

Here are a couple of charts on the 30 year T Bond Futures. Steven J Williams who graciously allowed me to repost his ‘ Is a US Bond Crash Coming ‘ article makes a compelling case that we may eventually see a US T Bond Crash, maybe in 2005?
At the Brink of a Break Down
It […]

A reasonably good case can be made that Gold Futures are at a major juncture here. I made a few points that supported this possibility in a previous post. Perhaps relying on the monthly MACD is somewhat simplistic. But you would be surprised how accurate this one simple indicator can be in picking major tops […]

I am very pleased how this before and after category entry worked out here at the stock and commodity trading forum. When I opened this one up a few days ago I knew it had some potential and am glad that some things can be learned from this case. In many, perhaps most cases, it […]