Note: E-mail ref.# 788 Sun.6.20pm August 12th 2007.
Markets Timing - DJIA 13,239 dn-31 p&f chart.
Today Aug.12th is 365 days, times 0.618 from Jan.1st or 225 days. Now you know why the Japanese index, the Nikkei 225, is a 0.618 number.

Note: Each Monday I send out the DJIA Mkt.Timing and the Bulls and Bears. Also a short update on the US Dollar, Crude, Gold, and Nat.Gas.

Update:-
DJIA 13,239 dn-31 Friday and up+58 on the wk.would you believe. We had the most crazy swings in history:- Mon+287,Tu+36,Wed+153,Th.dn-387,Fri.dn-31. P&f remains bearish and has hit the L.T.45 angle line that sometimes acts as support. But that will be tested next week. Take a look at the "forgotten" VIX Index, it has hit a new high at 28.3+1.8,up from a Jan.triple low at 10. Keep your sharp eyes on this index. It will continue to rise if the DJIA continues to fall. Fri.intraday low was 12,958, so below the 13,000, not good. The DJIA is trying to hold the 13,000 but a break below that will take us the next math level at 12,700. Note the DJIA is moving fast in 300 point stages.

US Dollar 80.70 is holding firm and rising slowly. The low hit 79.96 and my downside target was 80.00 given on July 2nd, so in error by 4 cents.
Crude Oil at $71.47 has just about hit bottom and p&f is also oversold. High at $78.77 so above my target of $77 given July 16th. EFTs for Crude, USO $53.64 and OIL $39.62.
Gold $681+9 is acting up, but reversed up+3 sqrs.. Friday and had a triple top. Look like it could breakout and that will not look good for the US Dollar.
N.G. $6.57 very bullish and has made a breakout over the 28dma at $6.42. I am long the EFTs UNG $43.50+1.76. Bar chart is up and away. take a look.
Bulls dn-43/8%. Bears up+31.5%. Figs.out last week the 7th c/o Investors Intelligence at 914-632-9422 NY, USA. Also at www.investorsintelligence.com

Quote:-
Advisors continue to react to the big market drop over the last few weeks, with the Bulls falling all the way down to 43.8%. They were 47.2% last issue and 53.9% the week before that, so there has been a 10% drop in their numbers in a two week period.
The Bears surged to 31.5%, up from 26.4% and 18.0% in the previous two weeks.The Bears show a quick 13.5% jump from a two-year low reading.
The Advisors calling for a correction dropped to 24.7% from 26.4% a week ago.

WARNING. This business is not for investors, but for traders, and casino players. U-have been warned.
Charlton Capital Ltd. Mr.618. Good luck.