Zeev's Turnips Patch-No Politics (ZEEV)

[*~1Best~*]

~~ A Bull ~~ I informed him about 6/6/2008 pivot day, but he didn't post a few of my comments. He is bullish.

He doesn't care about fundamentals, fyi.

One of my nieces' alumni.


PS One of flaws on all blogs is that they can change the posts any time.



~~~





http://carlfutia.blogspot.com/



Friday, June 06, 2008
Guesstimates on June 6, 8:10 am ET

Spiders - June S&P E-mini Futures: The 1410 level is now resistance, but strength above there will force me to abandon my expectation of a drop to 1340. In either case I think the S&P will make it to the 1500 level in two or three months.

QQQ: The Q’s made a new rally high yesterday so I now think they will continue upward to 54.00.

TLT - September Bonds: I think the bonds are on the way down to 111. Resistance is at 117-28. I think TLT will drop to 88.

September 10 Year Notes: I think the notes are on the way down to 111.

Euro-US Dollar: Resistance is still at 158.00. I think the market is on its way to 140.

Dollar-Yen: The yen is headed for 112.00. Support is now at 101.15.

XLE - OIH - USO – July Crude: I still think crude is on its way into the 112-115 zone. Resistance above the market is at 131.

GLD - August Gold: I think gold is headed for 750. Resistance is at 910.

SLV - July Silver: I think the trend in silver is downward and will carry the market at least to 1400.

Google: It now looks like the low Google made near 538 will hold. Next upside target is 640.