Socioeconomic Overview – Month of February 2007

(as posted in password protected area 2/4/07)

 

The overall theme – anticipation of war/escalation and possible repercussions becoming more pronounced as month progresses.

 

Trading implications:

Dollar Index: Watch for a big break down this month.

Nasdaq Index: This month could be the last chance to get out intact before the anticipated “correction” which could begin towards the end of the month.

Oil: Wait until late in the month to buy oil, should give up gains first half.

 

Futures Market Forecast for the Month of February 2007

(numbers in forecast below are for scale and direction and are not intended to be exact targets)

Futures  contract

 open

Low

High

Δ Up

Δ Dn

Close

Open-Close

%

Estimated likely movement flow

 

 

CLJ07

58.5

52

63

4.5

6.5

62.7

4.2

8.1%

down 2 wks, consolidate 1 wk, then big rally

DXH07

84.5

81.4

85.4

0.9

3.1

82.6

-1.9

-2.3%

starts out going up then falls big, up last week

NQH07

1799

1780

1860

61

19

1820

21

1.2%

flat, some gains, then begins to go DOWN last week

 

Results for February 2007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Open

High

Pred Hi

Low

Pred Lo

Close

Open-Clo

Prediction

Actual %

Pred. %

 

CLH07

58.53

62.25

63

57.11

52

61.79

3.3

4.2

5.6%

8.1% 

DXH07

84.48

85.09

85.4

83.32

81.4

83.5

-1.0

-1.9

-1.2%

-2.3% 

NQH07

1799

1857

1860

1744

1780

1765.5

-33.5

21

-1.9%

1.2% 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

chart data source: FutureSource.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key

 

 

 

 

 

 

 

 

 

 

 

exceptionally good match

 

 

 

 

 

 

 

 

exceptionally bad match

 

 

 We are not brokers nor do we offer investment advice.  We offer our assessment of socioeconomic trends based on our research and analysis.  Please consult a licensed professional for specific investment advice.

 
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