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 28th. 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. Year high tag nearby All markets continued on their chase to recent year high. We definitely have a new cycle started. 1460 will be a solid resistance to pass over, but we should reach it soon. We now have support on all markets (SP500 at 1380 DOW at 12100 and ND100 at 1720). Year high tag nearby Last trades update Index Market Current Price 2 weeks Change # cycles completed SP500 1452.85 31.99 0 ND100 1816.85 44.49 0 Dow 12612 258 0 SP500 Last Comment SP500 continued in it's new cycle as expected. We are approaching 1460 recent year high where we will face strong resistance. It now have support at 1380. SP500 is not overbought yet with RSI at 60. It might if we reach quickly 1460. If we reach that level we might expect a short term set back thereafter that could take it back to the lower band (1410). 1380 is now our first support. 1325 is our next support. 1230 support level is our third support level. ND100 Last Signal Comment ND100 continue to follow basicly the same pattern as SP500. It is trying to tag recent year high of 1840. It could be reached as soon as next week where we would face strong resistance. It now have support at 1720. Once reached we could see a set back to the lower band at around 1730-1735. 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 follows the same pattern as for SP500. Recent year high of 12780 is nearby and could be reached in the next 2 weeks where we would face strong resistance. Once reached we would possibly see a set back to the lower band at around 12200. DOW like SP500 found support at 12100. Our first support is now at 12100 and our next support is at 10650. Special Option Strategy Update Our last MAY SPX PUT 1280 sold at 3.70$ and MAY RUT PUT 690 sold at 2.55 are in great shape. We may think of a possible rollover soon to the same month at a higher strike price or to june at a similar strike price. 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$ 100$ 260$ 2007/03/30 RUT PUT Uncovered Sell PUT RUT MAY 700 RUY 700 May 7320 320$ 90$ 230$ 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 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 Juin 2006 May 2006 April 2006 PPI +1.0% +1.3% -0.6% +0.9% +2.0% -1.6% -1.3% +0.1% +0.1% +0.5% +0.2% +0.9% +0.5% Core PPI 0.0% +0.4% +0.2% +0.2% +1.3% -0.9% +0.6% -04.% -0.3% +0.2% +0.3 +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% 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 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 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 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 Employment +180,000 +113,000 +146,000 +206,000 +132,000 +79,000 148,000 188,000 121,000 124,000 92,000 126,000 200,000 Durable Goods Orders +2.5% -7.8% +1.9% -8.3% +7.8% -0.50% -2.4% +3.1% -0.3% -4.7% Durable Goods Excluding Transportation -3.1% -1.1% -1.7% +0.1% +0.5% +1.0% +0.7% New Homes Sales -4.0% -6.6% +12% +3.9% -4.0% +5.3% -3.0% -4.5% -3.0% +4.6% 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 ISM Index(Manufacturing) 50.9 52.3 49.3 51.4 49.5 51.2 52.9 54.5 54.7 53.8 54.4 58.9 ISM Services 52.4 54.3 59.0 56.7 58.9 57.1 52.9 57 54.8 57.7 60.1 63.0 Factory Orders +1.0% -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. ISM manufacturing index for march came out at 50.9 lower than previous month. ISM services came out lower as well. Employment for march was at 180,000 much higher than anticipated. Factory orders were up 1% for february lower than expected. Finally PPI was up 1% for march and core PPI was unchanged which was better than expected. So numbers are mixed still reflecting economic slowdown. Employment however becomes preoccupating and may delay FED to lower interest rates toward the end of the year. The crude is back above 60$ giving some threat to the market. The prime is still at 5.25. Last week comments from FED tampered rate cuts toward last quarter this year. FED is now possibly saying it might increase rates again later. The SP500 PE ratio is at 17.67 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.