Wednesday, January 16, 2008

Volatility Index

Volatility Index key indicators looks bullish to form another leg .So we expect a big moves on major indices in near future with 200(-/+) moves coming.

Are Markets Oversold ? & Expecting Bounce !!!

Markets are in oversold after today's last hour sell off ,And expecting ahead of Fed's surprise rate cuts ( i.e govt free give away money). Is it 50 or 75 bp?

50bp will heel the current market condition(s) and 75bp will temp rally markets until 4Q earning(s) to save the markets for any downturn.

Booming Sectors and Current Holdings

1.Agriculture
2.Farming
3.Metals
4.Health Care
5. Mortgage Investment (Reversal due to latest acquisition of BoFA)
6.Energy (Alternative Energy)

Alternative/Ag sector (AKNS/SEED/NOEC)





Key levels of Major Indices.

Breaching S&p 500 -1330




Breaking Dow Jones Industrial Average - 12000 (Holding aug low's will see temp rally)



Key support level for Nasdaq composite are around 2330

Markets are turning bearish

Bullish Percentage of Nadaq and S&p 500








Markets are bearish for the past couple of week(s) but i have no problem in trading during this bear market as there are few bull sector(s).We got to look for those sector(s).

Farm Construnctions

TEX,PTG,NC,MTW,LNN,JOYG,HIT,GEHL,DE,CMCO,CNH,CAT,CAE,
BUCY,ASTE,ARTW,ALG,AG,ASVI

Ag Play

UAPH,TNH,TRA,SYT,SMG,MOS,MON,KMGB,DD,CF,AVD,AGU

PBS: Breaking The Bank