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 market is headed for 123.50 with short term resistance at 121.00.
January Crude: Should bounce off the 62.20 level and then drop to 57.50. I expect crude to trade in a range of $54 to $64 for several months before going much lower.
February Gold: Should first drop to 515 and later to 498. Yesterdays high at 544.90 will hold for at least several weeks.
March Silver: The market is on its way to 830. Yesterday’s high at 934.5 (electronic) will hold for at least several weeks.
Google: I think GOOG is now headed for 440.