Friday, July 08, 2005

Guesstimates on July 8, 8:50 am ET

S&P: Support now stands at 1193 and the market is heading up above 1230.

Bonds: Resistance is at 117-27 and the bonds are headed for 115-04.

10 Year Notes: the notes are on theirway to 111-12.

Eurocurrency: Support is still 118.90. Next big rally will carry to 124 or so.

August Crude: headed higher to 63.60.The bull market is nearly over.

Gold: look for a break to 416 and then a move above 444.

Google: headed down to support near 275.

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