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 March 15th 2008. This is based on regular monthly revenu. In fact you will see my own real trades plus other possibilities to generate 20 - 25% growth every year no matter where the market is heading. More soon. Trading range at low end SP500 after touching 1385 (high end of trafing range) retreated down again friday to 1330 at the low end of this trading range. DOW is in the same pattern as SP500. ND100 not only is in the same pattern as SP500 but is retagging again the doible bottom position of 1740. Trading range at low end Last trades update Index Market Current Price 2 weeks Change # cycles completed SP500 1330.63 -19.33 0 ND100 1745.27 -35.11 0 Dow 12266 -82 0 SP500 Last Comment SP500 retouched the high end of the trading range at 1385 last week and then started a sharp down swing to hit the low end of the range intraday friday at 1325. This trading range is now lasting 4 weeks. So we are almost back at double bottom position established 4 weeks ago. So it is still time to buy even if it may get a bit lower in the coming week. We are now in a trading range (1320-1380). This trading range may last a few more weeks since we have nothing to trigger a major rally. But we are near having an official up cycle before april. We have an RSI reading near 45. 1270 becomes a very important support since it was the bear market intraday lowest point. 1270 is our first support 1220 is our next support. ND100 Last Signal Comment ND100 is in the same pattern as SP500. It also hit the low end last friday at 1745. It is also at the point where we had our double bottom a few weeks ago. At current level(1745) it is still time to buy QQQQ and profit from this double bottom. This trading range could last some more weeks but sooner or later we will have an official cycle that could last till april. We have an RSI reading of 45 which is neutral leaving room for some upmove. So the current trading range should continue for a while. We can consider that our first support is now at 1710, our next support at 1450. DOW Last Signal Comment DOW had the same pattern as SP500 hitting the low end last friday. DOW however seems stronger that SP500 and ND100 since it is less exposed to financial sector which is hard hit once again. It's RSI reading is at 52 demonstrates that. We can then expect this trading range to continue a few more weeks before we have an offical up cycle. Our first support is now at 12000 and our next support is at 10800. Special Option Strategy Update Please note that the email service to signal new trades update will be now available to subscribers only. The service is no longer free. It yielded so far 20% in 10 months. So Order now Our march trades will be rolled over to april at medium profit and at another strike price with a very high premium which means big profit in about 4 weeks from now. You now need to subscribe to our trading service to see the specifications. All our portfolio shows a 22% plus value since beginning of march so far. Last signals review You can order our options trading service according to the following options : Subscription Period Price Action 1 Month Service 29 3 Months Service 82 6 Months Service 160 1 Year Service 300 Date Market Trade Type Description Symbol Strike Price Month Margin Amount Current Profit 2007/12/21 SPX PUT Uncovered Sell PUT uncovered February SPX SXY February 14000 470$ 225$ 255$ 2007/12/21 RUT PUT Uncovered Sell PUT RUT February RUT February 7000 300$ 300$ 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 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 PPI +1.0% -01.% +3.2% +0.1% +1.1% -1.4% +0.6% -0.2% +0.9% +0.7% +1.0% +1.3% Core PPI +0.4% +0.2% +0.4% +0.0% +0.1% +0.2% +0.1% +0.3% +0.2% 0.0% 0.0% +0.4% Retail Sales +0.3% -0.4% +1.2% +0.2% +0.6% +0.3% +0.5% -0.9% +1.5% -0.2% +1.0% +0.5% CPI +0.4% +0.3% +0.8% +0.3% +0.3% -0.1% +0.1% +0.2% +0.7% +0.4% +0.6% +0.4% Core CPI +0.3% +0.2% +0.3% +0.2% +0.2% +0.2% +0.2% +0.2% +0.1% +0.2% +0.4% +0.2% Housing Starts 1.012M 1.004M 1.173M 1.232M 1.193M 1.33M 1.367M 1.47M 1.474M 1.506M 1.491M 1.51M Building Permits 1.048M 1.080M 1.152M 1.170M 1.126M 1.326M 1.389M 1.41M 1.501M 1.429M 1.56(M 1.53M Employment -17,000 +82,000 +135,000 +170,000 +96,000 89,000 +68,000 132,000 +190,000 +88,000 +177,000 +113,000 Durable Goods Orders -5.3% +4.4% +0.5% -0.4% -1.7% -5.3% +6.1% +1.9% -2.8% +1.1% +3.4% +2.4% New Homes Sales -2.81% -4.7% -9.00% +1.68% -4.8% -8.0% +3.7% -6.5% -1.61% +16.2% +2.6% Existing Homes Sales 4.89 Millions 4.91 Millions 5.00 MIllions 4.98 Millions 5.04 Millions 5.48 Millions 5.75 Millions 5.76 Millions 5.99 Millions 6.01 Millions 6.15 Millions 6.68 Millions ISM Index(Manufacturing) 50.7 48.4 50.8 50.9 52.0 52.9 53.8 56.0 55.0 54.7 50.9 52.3 ISM Services 44.6 53.9 54.1 55.8 54.8 55.8 55.8 60.7 59.7 56.0 52.4 54.3 Factory Orders +2.3% +1.5% +0.7% +0.30% -3.5% +3.4% +1.0% -0.5% +0.5% +3.1% +1.0% GDP(Gross Domestic Product) Numbers 4th Quarter 2007 3rd Quarter 2007 2nd Quarter 2007 1st Quarter 2007 4th Quarter 2006 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 4th Quarter 2005 3rd Quarter 2005 +0.6% +4.9% +3.8% +0.7% 2.5% 2.0% 2.6% 5.6% 1.7% 4.3% Inflation Numbers Year to year inflation according to core CPI is now at 2.7% and CPI at 6.3%. In the last 2 weeks we had several major economic news. See the table above for all numbers. CPI for january was up 0.4% and core CPI up 0.3% much higher than expected. PPI for january was up 1.0% and core PPI was up 0.4% way higher than expected. Housing starts came in at 1.012K lower again than previous month. Building permits came in at 1048K lower again than previous month. Existing home sales came in at 4.89 millions lower tahn previous month and new home sales were down 2.81% from previous month. Durable good orders were down 5.3%. Finally revised GDP remained at 0.6% lower than expected. So all news were bad in the past 2 weeks. Real estate market continues to sink. Durable good orders were sharply down. Inflation numbers are way higher than expected and may refrain the FED lo lower interest rates. Revised GDP at 0.6% revice fears of recession. The way numbers are coming in we should not be surprised to see a negative GDP for first quarter. The FED is now squeezed. If we have other bad inflation numbers 2 months in a row, the FED might be forced to raise rates sooner than they really want. The SP500 PE ratio is at 16.90 according to September results. Remember that when the last major economic cycle that started in march 2003 the PE ratio was at around 16. So we are in the middle of the range (16-20).