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[TTHQ Staff]

 
*Interview with Ike Iossif on October 28 http://marketviews.tv/freeservices/archives1/Guests/Ord/pg1.htm
**Interviewwith Leo Leydon For November 29 http://financialfocusadvisoryservices.com/radio.html-click archive.
"TimerDigest" has Tim Ordranked #4 on returns for the S&P for one year, #3 for 6 month and #2 for 3 monthsending 11/12/04. "Timer Digest" has ranked Tim Ord as the top gold timer for the last12 months ending 11/12/04.

For 30 to 90 days horizon: Long SPX (10/25/04) at 1094.46.  Long Nasdaq (10/21/04) at 1953.62.

For monitoring purposes: Long XAU, 87.96 on4/21/04.

Longer Term Trend monitoring purposes: Long SPX on8/19/04 at 1091.23

What to expect now:

Early today we sentout an intra-day report that said, "It appears the consolidation has endedon the S&P and Nasdaq and the next impulse wave up has started. Our Next upsideresistance zone is 1275 to 1315 on the S&P and 2300 area on the Nasdaq."  Today the S&P "Jumped" above therecent trading range dating back to 11/12 with a "Sign Of Strength" on increasedvolume and implies a valid break to the upside.  Thehigh on the recent trading range (which is the 1188 area) should now act as support.  Our next upside target range is the 1275 to 1315areas.  Enjoy the ride. Weare staying long the SPX that was bought on 10/25/04 at 1094.23. 

To learn more on"Ord-Volume" please visit www.ord-oracle.com. 

Long (9/22/04)  NEXM at 1.33. Long (11/12/04) EVOL at 3.60.  Long LU at3.45and sold 11/11/04 at 3.83 for 11% gain. We hold HPC at 13.73. We bought EGHT at 2.62.  Next rally should go to at least 6.00 too possibly8.00. Long INGP on 10/7 at 5.22, sold at 6.28 on 11/18 for 20% gain. 



Nasdaq Composite:

The Nasdaq also"Jumped" above the recent trading range highs with a "Sign ofStrength" and suggest a valid break to the upside.  The next resistance zone is the January highs near the 2150 range but itappears we will exceed that and head to the high set back in May of 2001 near the 2300area.  There is also an ABC target near the2275 area and helps to support the idea of the 2300 range as a resistance zone.  The next targeted zone of 2300 level may stop therally that began at the August low and start a consolidation of a bigger degree and thatcould last a couple of months. We arestaying long the Nasdaq (10/21) at 1953.62. 

GOLD Market:

"Timer Digest" hasranked Tim Ord as the top gold timer for the last12 months ending 11/12/04.

Monday's commentarystill appears to be right on the money, "On the recent rally to current levels theXAU jumped above the previous highs set back on 2/17 and 4/1 near the 106.  The 106 area should not act as support on any pullback.  The highs of December of 03 and Januaryof 04 near the 113 level for the moment is the resistance zone.  Volume has been picking up since the May low nearthe 77 level and we expect this trend to continue.  Weexpect the 113 barrier to be broke soon and head to the next resistance zone at the 150range.  We think however the 150 range will betemporally exceeded and possible hit the 180 range and end the bull market that began nearthe 42 range back in October of 2000. Ourupside targets remain 150 to 180 on the XAU."

We double our positions in BGO on (7/30/04) at 2.34 and we now have an average price at2.70. Long CBJ for an average of price of 2.89.  CBJis on a monthly buy signal from the May low.  LongNXG average of 2.26. NXG is on a buy signal on the monthly chart that was triggered inMay.  We doubled our position in GSS on  (7/30/04) at 4.04 and we have an average price of5.24.  GSS could be creating a Right Shoulderof a Head and Shoulders bottom where the Left Shoulder is the 5/10 low at the 3.85 leveland the Head is at the July and early August low at 3.66 range. Long PMU at average 1.12.





The McClellan Oscillator closedtoday's at +21 and neutral.
The “Percent Volume”Indicator closed at .59and neutral.
“Five day ARMS”indicator closed at 4.55 and neutral territory.
Conclusion: Long SPX at 1094.8 on10/25/04.  Long Nasdaq 1953.62 on 10/21/04.
LongerTerm Trend: Long SPX on 8/19/04 at 1091.23.



Tim Ord
email me at: tim@ord-oracle.com
website link: www.ord-oracle.com

Mr. Ord is president, editor and publisher of "The Ord Oracle" that wasestablished in 1990 as a Monday through Thursday email report that trades the S&P,Nasdaq and gold issues.

Tim Ord earned a Bachelor of Science degree as a Mathematics teacher from the Universityof Nebraska in 1973. He become a Stockbroker in 1977 and worked his way up to VicePresident and Senior Option Principal in 1981.

In 1988, using his own account, he place fourth nationally in the option division in"The United States Trading Championship". He has written several articles thatwhere published in the "Stock and Commodities Magazine". His first articleappeared back in June 1991 where he introduced a new trading method using the N.Y.S.E.tick index. Now a contributing editor of Technical Analysis of Stocks and CommoditiesMagazine, he presented this new technical trading tool using the N.Y.S.E. tick indexcalled “uptick” and “downticks”. This tick index method is now usedworldwide by short term traders, and was published in a recent article in "Stock andCommodities Magazine" (5/2004). This method was derived from the works of RichardWyckoff, a gentleman who did extensive study with price and volume back in the 1930's. Mr.Ord expanded and simplified his studies, and was one of the speakers on technical analysisat the Dow Jones Telerate Seminars in Las Vegas in 1995.

Tim Ord has over 25 years in trading experience, having traded the OEX index options sincetheir inception in the early 1980’s, and is frequently a guest on financial ratioshows from coast to coast, and is f requently listed in the top 10 market timers in thecountry by "Timer Digest" (Ranks market letters by performance), in 2002,Schreiner Capital Co. placed Mr. Ord 9 out of over 300 money managers in performance. In1988 he entered The United States Trading Championship competition in the option divisionusing his own account and placed fourth nationally. Timer Digest (203) 629-3503 had rankedThe Ord Oracle #3 in performance for 1999.

His market opinions are featured regularly on Reuters America along with weekly on WCIU TVin Chicago and biweekly on TFNN radio.


A subscription to “THE ORD ORACLE” email and fax update includes:

* Four faxes a week, sent each week after the market close
* The Ord Oracle’s fax recommendations.

Prices:

* 1 year, only $US 750
* 6 months, only $US 400
* 3 Months, only $US 210
* 1 month, only $US 75

Tim Ord, Editor
17300 Van Dorn Street
Walton, Nebraska 68461
(402) 486-0362
Fax (402)-486-0390

http://www.ord-oracle.com
tim@ord-oracle.com