UPDATE  02/25/07

STOCKS:

Based purely on Market cycle forces, the markets should top-out in the beginning of March, decline into the March Cycle low, and then rally into April-May. That would then be followed by another decline into the cycle lows due in late May and June.

Based on Cycle patterns, the Dow has had a tendency to make lows in May and June followed by rallies into the late summer.

GOLD:

April gold rallied last week and I will give the market the benefit of the doubt for higher prices as long as it trades above $ 665. There is resistance just below $ 700. Once this up move is complete, I would look for a major correction to set in possibly lasting several years into the next 8 year cycle low in 2009.

T BONDS:

March bonds had a constructive week and I would like to see the market reach the 113 level this week. The trend is up and much higher prices could occur this year. The market should stay above the current up trend line.

Regards and Good Luck,

Jay Sanderson
Moshe Kahan
TimingStock.com
 

To see Jay's past Market Commentary and other products, please click here www.reliablestockcycles.com

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Commentary Archives

Long term cycle is bullish - 1/06/07

Next Cycle Low is due In March -1/27/07

Market still positive - 2/05/07