Wednesday, June 08, 2005

Guesstimates on June 8, 8:40 am ET

Bonds - I still think the market will hit 119-08 before dropping to 117-30 or to 116-30.

10 Year Notes - still holding out for 114- 04 to 08, then down to 113-04.

Dec Eurodollars - stopped 2 ticks shy of 96.24 this morning and now will drop to 96.09.

S&P - Support is at 1197. Next upside target is 1213-1215.

Google - support is at 287 then up to 308.

Gold - down to 423-24 then up to 439.

July Crude - support at 52.00 then a small rally to 53.30 -53.50. Then much lower.

Eurocurrency - up to 123.40

No comments: