The Index Trading Weekly Newsletter Is now accessible directly from an RSS Feed. If you have a My Yahoo account or an My Msn account go to the Weekly newsletter page to register and you will be advised immediately when changes occur on the site either with trading signals, weekly newsletter or any other changes on the site. You can also create a new entry in an RSS reader. Click Here to register for RSS Feed Please note that the next number will be April 14th. This is based on regular monthly revenu. In fact you will see my own real trades plus other possibilities to generate 15-20% growth every year no matter where the market is haeding. More soon. New cycle in motion All markets had a good up swing followed by a small consodlidation. We definitely have a new cycle started. We now have support on all markets (SP500 at 1380 DOW at 12100 and ND100 at 1720). A rechallenge to year high is expected in next 2-4 weeks. New cycle in motion Last trades update Index Market Current Price 2 weeks Change # cycles completed SP500 1420.86 33.91 0 ND100 1772.36 30.13 0 Dow 12354 250 0 SP500 Last Comment SP500 started a new cycle as expected. it is now around the moving average consolidating. It now have support at 1380. SP500 should retest year high of 1460 in the next 2-4 weeks. I would be surprised to see a full fledged bear market right after a long uptrend that brought a 20% increase from last july low. In the past after all long market advance we went into sideways markets for a minimum of 3 months before any major weaknesses. 1380 is now our first support. 1325 is our next support. 1230 support level is our third support level. ND100 Last Signal Comment ND100 follows basicly the same pattern as SP500. It has a good up swing followed by a consolidation pattern. It now have support at 1720. It started a new cycle. We can expect a retest of year high 1840 in the next 2-4 weeks. We can consider that our first support is now at 1720, our next support at 1450 and the next one at 1400. DOW Last Signal Comment DOW like SP500 found support at 12100. It started a new cycle as expected. It had a good runup followed by a consolidation last week. We can expect DOW to retest year high of 12780 in the coming 2-4 weeks. Our first support is now at 12100 and our next support is at 10650. Special Option Strategy Update Our last SPX APRIL PUT 1270 sold at 4.00$ and RUT APRIL 690 sold at 2.55$ will now be rolled over at good profit. We now suggest a rollover to MAY SPX PUT 1280 and MAY RUT PUT 690. Last signals review Go to the Trading Signals page to see how each current position is used in each portfolio. Go to the Options Trading History page to see trading history for each portfolio. Date Market Trade Type Description Symbol Strike Price Month Margin Amount Current Profit 2007/03/30 SPX PUT Uncovered Sell PUT uncovered MAY SPX 1280 SZP 1280 May 13160 360$ 360$ 0$ 2007/03/30 RUT PUT Uncovered Sell PUT RUT MAY 700 RUY 700 May 7320 320$ 320$ 0$ Always remember that you need between 12,000 and 15,000 USD margin for each contract. Click here to find the options trading signals page. Economic Current Conditions Table of Economic Numbers Economic Info February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 Juin 2006 May 2006 April 2006 Mars 2006 PPI +1.3% -0.6% +0.9% +2.0% -1.6% -1.3% +0.1% +0.1% +0.5% +0.2% +0.9% +0.5% -1.4% Core PPI +0.4% +0.2% +0.2% +1.3% -0.9% +0.6% -04.% -0.3% +0.2% +0.3 +0.1% +0.1 Retail Sales +0.1% 0.0% +0.9% +0.6% +0.1% -0.8% +0.2% +1.4 -0.4% +0.1 +0.8% +0.6% -1.4% CPI +0.4% +0.2% +0.5% 0.0% -0.5% -0.5% +0.2% +0.4% +0.2% +0.4% +0.6% +0.4 +0.1% Core CPI +0.2% +0.3% +0.2% 0.0% +0.1% +0.2% +0.2% +0.2% +0.3% +0.3% +0.3% +0.2 +0.1% Housing Starts 1.53M 1.40M 1.64M 1.57M 1.486M 1.74M 1.67M 1.795M 1.85M 1.953M 1.863M 1.96M 2.12M Building Permits 1.53M 1.568M 1.60M 1.51M 1.535M 1.638M 1.72M 1.747M 1.869M 1.946M 1.98M 2.06M 2.15M Employment +97,000 +146,000 +206,000 +132,000 +79,000 148,000 188,000 121,000 124,000 92,000 126,000 200,000 225,000 Durable Goods Orders +2.5% -7.8% +1.9% -8.3% +7.8% -0.50% -2.4% +3.1% -0.3% -4.7% +6.1% Durable Goods Excluding Transportation -3.1% -1.1% -1.7% +0.1% +0.5% +1.0% +0.7% -1.1% New Homes Sales -4.0% -6.6% +12% +3.9% -4.0% +5.3% -3.0% -4.5% -3.0% +4.6% -4.9% Existing Homes Sales 6.70 Millions 6.46 Millions 6.22 Millions 6.28 Millions 6.24 Millions 6.21 Millions 6.30 Millions 6.33 Millions 6.62 Millions 6.67 Millions 6.75 Millions 6.92 Millions ISM Index(Manufacturing) 52.3 49.3 51.4 49.5 51.2 52.9 54.5 54.7 53.8 54.4 58.9 55.2% ISM Services 54.3 59.0 56.7 58.9 57.1 52.9 57 54.8 57.7 60.1 63.0 Factory Orders -5.6% +2.4% +0.9 -4.5% -1.7% -0.6% +1.2% +0.7% GDP(Gross Domestic Product) Numbers 4th Quarter 2006 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 4th Quarter 2005 3rd Quarter 2005 2.5% 2.0% 2.6% 5.6% 1.7% 4.3% 3.3% Inflation Numbers Year to year inflation according to core CPI is now at 2.7% In the last 2 weeks we had several major economic news. See the table above for all numbers. Housing starts came in at 1.53 Millions and same number for building permits. Existing home sales was at 6.7 millions up from previous month and new home sales was down 4% much lower than expected. Durable goods orders were up a small 2.5% much less than expected. Those numbers continue to revive economic slowdown concern. FED had good comments about possible rate cuts later this year. They are aware of some economic slowdown. GDP for 4th quarter 2006 was revised up to 2.5%. That was well received by the market. The crude is back above 60$ giving some threat to the market. The prime is still at 5.25. With latest comments from FED we can now see rate cuts toward last quarter this year. This gave a small push to the market. The SP500 PE ratio is at 17.28 according to december results. Remember that when the last major economic cycle that started in march 2003 the PE ratio was at around 16. So we are stay in the middle. Despite the fact the PE is not too high we will have to watch for a possible bear market in march april 2007. Our last major bear market was on july 2002.