TimingCrystal
Weekly TimingCrystal TC Timer Strengthens
12-January-2007
Vancouver, Jan 12, (TimerTrac.com Broadcast) – A gauge of current stock market timing strengthened in the last week, a stock market timing firm said on Friday.
Teabull Asset Timer Ltd, an independent stock market timing firm, said its TimingCrystal weekly closing TC Timer Index fell to a bullish level of -29.32 pts in the week ended January 12, 2007 from + 20.71 pts in the prior week. (TC Timer Index stock market timing readings are strongest at high negative levels). TimingCrystal’s TC Timer is made up from a combination of Primary Trend, Sentiment, and Interest Rate and Valuation measures.
“The TC Timer strengthened nicely this week and moved back into bullish negative (strong) territory. With the coincident factors of falling energy costs and 4th Quarter Corporate Earning warning season winding down, investors clearly turned their minds to the possibility of an economic "soft landing" and the resulting positive economic factors of such an occurrence", said Anthony Waller, President of Teabull Asset Timer Ltd.
The increase in the strength of the TC Timer was due to a combination of considerably higher Primary Trend and better Sentiment readings. These were offset to a marginal degree by lower Valuation readings and higher long-term Interest Rates, Waller said.
