Saturday, April 5, 2008

Market Commentary sent to Timer Digest on Friday April 4, 2008

Market Commentary sent to Timer Digest on Friday April 4, 2008SocialTwist Tell-a-Friend
Fari Hamzei

As of this writing (1 hour before the close on Friday, April 4th), we are in an extremely overbought condition (+195 reading on NYSE McClellan Osc and +137 for NASDAQ) -- thus, a pause is in order next week before the April OX, the following week!!!

Given that the equity markets reacted well to the March Non-Farm Payroll's -80K bad news, this tell us that six months down the road, we should be trading higher. Again we re-iterate our belief that the bad news is priced in and the Street is viewing the FED rescue of BSC from a near catastrophe as pro-active.

On a pull-back, we plan to go long SPX again for your coveted "Timer of the Year Competition."



Editors' Note: Per March 31st, 2008 Issue of Timer Digest, Fari is ranked 1-1-2 in the Nation among 150 market timers. That is 1st in the last 3 months, 1st in the last 6 months and 2nd in the last 12 months.

Tuesday, April 1, 2008

Notice of Change of Market Bias

Notice of Change of Market BiasSocialTwist Tell-a-Friend
From: Fari Hamzei [mailto:Fari@HamzeiAnalytics.com]
Sent: Tuesday, April 01, 2008 2:12 PM
To: 'Timerdiges@aol.com'
Subject: Notice of Change of Market Bias


Dear Jim,

For your coveted Timer of the Year Competition, we are going NEUTRAL on S&P-500 Stock Cash Index (SPX) at the CLOSE today. Please confirm your receipt of this email.

Fari Hamzei
Founder
Hamzei Analytics, LLC




Additional notes for our readers:
Our reasoning is very simply -- we are up some 90+ handles since March 17.
It is too good to give up and we are very overbought here with NYSE McClellan Oscillator (A/D Line) reading of ~155 and SPX is at +2 sigma ....Fari

Disclaimer and Terms of Service

© Copyright 1998-2014, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, 11 N Green Street, Suite 4C, Chicago, IL 60607, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Anlaytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.