March S&P Futures: The market is now headed for 1298 with support at 1259.
March Bonds: I think the bonds are on the way to 113-28. I expect the bonds to rally into the 115-116 zone before the bear market resumes.
March 10 Year Notes: The notes should rally to 109-28. I expect this market to move into the 111-112 zone before the bear market resumes.
December Eurocurrency: The strong upward move this morning out of a four week trading range means that my 115.50 target will not be reached. Instead the market is in the midst of a move to 123.50. The 121.00 level is short term resistance.
January Crude: The market is headed for 57.50. I expect crude to trade in a range of $54 to $64 for several months before going much lower.
February Gold: Gold has exceeded all my short term upside projections this morning when it reached 544.50. I do think the next $40 move from current levels to be downward and 545 is a short term resistance level.
Google: I think GOOG is now headed for 440.