Wednesday, January 09, 2008

David Schirmer’s Stock Market Indices Report - January 7, 2008




Welcome to my Stock Market Indices Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

The Australian All Ordinaries Index is in week 21 of its 22-week Primary Cycle. I wrote in my last report that “A critical support level is 6182 points, which is 50% of the rise August 16, 2007 low (5490 points) to the November 1, 2007 high (6873 points). If the market bounces off 6182 it will mean one last push up before a much larger decline.” It bounced off that nicely and recovered a couple of hundred points to last weeks peak of 6462.

This level of 6462 is a 50% of the decline from the peak of 11/12/07 to the trough on 18/12/07 and also around the previous cycle peak which gives more weight to further declines. We are in the orb period for the primary cycle low to occur so this may be the last decline before the start of the next primary cycle. Again watch for support at 6182 and if the support fails we would expect the fall to continue down to around 6009.

There are no significant turning dates during the week and the next date for any significance is this coming weekend.

The weakness that is being displayed in our market at the moment is common amongst the world indices, which strengthens my bias to this being the start of 18-year cycle decline. This decline I expect will last for a minimum of 18 months and 2147 points.

Support levels for the XAO this week are 6242, 6182, 6009, 5836, 5664 and 5491 Points where the All Ordinaries could experience resistance advancing higher are at 6469, 6798, 6873 and 6964.


Things you should know!!!!

Youth Destiny Camp is NEXT WEEK … if you have a teenage son, daughter, grandson, granddaughter, nephew or niece then get them along … it will change their destiny in amazing ways.

Go to http://www.youthdestiny.com/




If you aren’t getting the Succeed Magazine every month with valuable psychology lessons for trading, investing, business and how to create multiple sources of income then you’re nuts! The current issue has a great article from Shelley Taylor-Smith (7-time World No.1 Women’s Marathon Swimmer) called “Get Up – Get Over It – Get On With It!” If you have ever had a rough time in life then you need this!!!

Click here now to get a FREE book and DVD
and to subscribe Succeed Magazine website (http://tinyurl.com/3ahsds)


Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Monday, December 17, 2007

David Schirmer’s Stock Market Indices Report - December 17, 2007


Welcome to my Stock Market Indices Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Welcome to a bear market (maybe)! Some people have mentioned to me recently that they have found it difficult to make money in the markets over the past few months. Many traders are born (into their ‘new’ trading life) during a bull market. They don’t do the necessary back testing and historical analysis to understand how that market unfolds in difference parts of its cycle. They have only ever experienced making money in rising markets and hence are normally over leveraged, don’t have stop losses in place or lack discipline to get out of losing trades – normally all three together.

If you started trading in stocks or indices during or after 2003 then you probably have little experience in bear markets, Most of the money you have made is by going long in stocks and markets, in fact, in the strongest bull market since 1982-87. You may have found the past few months and certainly the next few are very different trading environments.

The All Ordinaries Index is in week 18 of its 22-week Primary Cycle. As I previously mentioned the peak of the cycle happened at week 11 which means it is a centre translation Primary Cycle. A centre translation cycle is typical at the turning point of a bull market to a bear market.

A critical support level is 6182 points, which is 50% of the rise August 16, 2007 low (5490 points) to the November 1, 2007 high (6873 points). If the market bounces off 6182 it will mean one last push up before a much larger decline. My bias is that the market will move down strongly through the 50% level giving us a good indication of the bear market to follow … that is the “Rudd” decline!

I mentioned a few weeks ago that there is a strong reversal period December 24-28, 2007 that is most likely to be a Primary Cycle or greater crest or trough. It doesn’t look like it is going to be a crest! The actual reversal dates are December 21, 24 and 31 with the December 24 being the highest probability.

If this is the start of the 18-year cycle then the minimum decline is 2147 points down to 4727.

Areas of support for the All Ordinaries are 6242, 6182, 6009, 5836, 5664 and 5491. Points where the All Ordinaries could experience resistance advancing higher are 6469, 6798, 6873, and 6964.

Next report out on Monday, December 24.


Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved

Monday, November 26, 2007

The Secret with David Schirmer: David Schirmer on ACA and Close Up ... again

The Secret with David Schirmer: David Schirmer on ACA and Close Up ... again

David Schirmer’s Stock Market Indices Report - November 26, 2007

Welcome to my Stock Market Indices Report.
This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Two weeks ago I wrote, “If the market falls through 6469 then retraces back up and fails to close above that level before a continued decline we can be pretty certain that the 18-year cycle high is complete.” Well, the Australian All Ordinaries Index fell through and closed below 6469 last Wednesday, November 21. It hasn’t rebounded yet so we will see this week whether it swings up and fails to take out that resistance level, if it can’t break above 6469 and starts to fall again beware!

I just finished conducting our last Professional Traders Workshop for 2007. I was asked there if the stock market chart could predicted who might win the Australian election … I suggested even though I didn’t like it for the sake of business and economy, the charts showed a labour government coming to power – and it proved right again. This does not bode well for the stock market.

Australia has experienced a solid economy for many years now with the stock market rising 258% since March 2003. Many people who have got into the stock market over the past 4 years think this rise is normal and have been making money without any education, they are using significant amounts of borrow funds as well and have little stock market knowledge or experience. With Reserve Bank interest rates continuing to rise to between 8.75% and 11.25% by the end of 2008 (a prediction I made back in 2003), many of these people will be paying more home loan interest, start losing money on the stock market, and panic! Should be interesting to watch!!

The XAO is in week 15 of its 22-week Primary Cycle. Further weakness and confirmation of the 18-year cycle decline should continue this week.

I mentioned in my last report that “the next reversal date is Thursday, November 15. The major reversal period in December is 24 through 28 (a Primary Cycle or greater peak or trough)”. The market did reverse down on November 15, this week I am keenly watching today (Monday 26 November). It could turn and head up, however my bias is a small counter trend up (1-3 days) followed by a continued decline. The reversal dates this week are Monday November 26 and Friday November 30.

Areas of support for the All Ordinaries are 6345, 6252, 6182 and 5844. Points where the All Ordinaries could experience resistance advancing higher are 6469, 6798, 6873, and 6964.

I hope to see many of you at my How To Apply The Secret seminars around Australia over this next 2 weeks (see details below).

Next report out on Monday, December 3.

UPCOMING SEMINARS:

“How To Apply The Secret” seminar
http://www.thesecret.com.au/how-to-apply-the-secret-seminar.html

A one-day event that could change your life forever! Here is what a couple of people said about the “How To Apply The Secret” seminar recently in NZ:

“Recognising the poverty consciousness that we have inherited is old hat, but being given the tools to affect changes in our world is priceless!! What a great gift for ourselves, the economy – and our children’s children in all aspects!! Many thanks to all involved.” - Karen Kotze, Journalist, Auckland

“WOW!! Where to start? This is a fantastic seminar. I have been immersed in Bob Proctor material since February 07 and I still had HUGE breakthroughs today!” - Chris Bridgeman, Director, Auckland

Nov 27th - Brisbane (QLD) Bris. Convention Centre - Book Now
Nov 28th - Melbourne (VIC) Rydges Carlton - Book Now
Nov 29th - Adelaide (SA) Adelaide Convention Centre - Book Now
Dec 1st - Sydney (NSW) Citigate Central - Book Now
Dec 4th - Perth (WA) Duxton Hotel - Book Now

Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

XAO - The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.


Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Tuesday, November 13, 2007

David Schirmer's Stock Market Indices Report - November 12, 2007

Welcome to my Stock Market Indices Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

I wrote last week, “If these levels are exceeded then this could be the start of a much more significant decline. The middle of this week is a high energy period for a reversal in the markets.”

The All Ordinaries index fell 191 points last Thursday and has continued its decline, breaking through the October 22, 2007 low. The next area to watch is if the index can break through the support level of the previous high of 6469. If the market falls through 6469 then retraces back up and fails to close above that level before a continued decline we can be pretty certain that the 18-year cycle high is complete.

If on the other hand the All Ords index fails to break through the 6469 level and continues to rise above 6733 expect new all time highs to be formed. I wrote back in 2003 that the All Ordinaries Index could go beyond 7500 points before the completion of this 18-year cycle.

The XAO is in week 13 of its 22-week Primary Cycle. The peak happened in week 11. If the market does not rise above the high of 6873 within the next 3 weeks it will make a ‘centre translation’ cycle. This indicates a ‘running out’ of bullish emotion and hence a significant bear market to follow. My bias is currently with the later since we are so close to the possible termination of the 18-year cycle (the trough on or before October 2008).

Next reversal date is Thursday, November 15. The major reversal period in December is 24 through 28 (a Primary Cycle or greater peak or trough). Areas of support for the All Ordinaries are 6469 and 6345. Points where the All Ordinaries could experience resistance advancing higher are 6798, 6873, 6894 and 6964.

Next report out on Monday, November 19.

UPCOMING SEMINARS: “How To Apply The Secret” seminar
http://www.thesecret.com.au/how-to-apply-the-secret-seminar.html

A one-day event that could change your life forever! Here is what a couple of people said about the “How To Apply The Secret” seminar recently in NZ:

“Recognising the poverty consciousness that we have inherited is old hat, but being given the tools to affect changes in our world is priceless!! What a great gift for ourselves, the economy – and our children’s children in all aspects!! Many thanks to all involved.” - Karen Kotze, Journalist, Auckland

“WOW!! Where to start? This is a fantastic seminar. I have been immersed in Bob Proctor material since February 07 and I still had HUGE breakthroughs today!” - Chris Bridgeman, Director, Auckland

Nov 27th - Brisbane (QLD) Bris. Convention Centre - Book Now
Nov 28th - Melbourne (VIC) Rydges Carlton - Book Now
Nov 29th - Adelaide (SA) Adelaide Convention Centre - Book Now
Dec 1st - Sydney (NSW) Citigate Central - Book Now
Dec 4th - Perth (WA) Duxton Hotel - Book Now

Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC - The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX - DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW - The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE - The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei - Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P - The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO - The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

David Schirmer's Stock Market Indices Report - November 8, 2007

Welcome to my Stock Market Indices Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

I’m back again … I missed posting my report for the past 3 weeks. I left my laptop on the plane on a flight from Brisbane to Melbourne and on it was all my reports, charts and market data … everything!!! (no, I didn’t have it backed up externally). Thankfully Qantas finally found it and I’ve got it back.

Most major markets experienced what appears to have been a half primary cycle low around the 22nd October. Most of the western markets have been unable to take out the high leading into the half primary cycle low.

The FTSE, Dow and S&P500 have all failed to create a new high and displayed weakness towards the end of last week. The Hang Seng surged higher and the Australian All Ordinaries also created a new high but not quite as strongly.

Critical points to watch this week is whether support is firstly found at the low of last week and then at the level of the low of the 22nd October. If these levels are exceeded then this could be the start of a much more significant decline.

The middle of this week is a high energy period for a reversal in the markets. Areas of support for the All Ordinaries next week are 6705, 6559 and 6345. Points where the All Ordinaries could experience resistance advancing higher are 6798, 6873, 6894 and 6964.

Next report out on Monday, November 12. If for some reason you miss my weekly report you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: The Science of Getting Rich in Sydney next weekend
Call our office to register +61-(0)3-9879-8155


Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

David Schirmer's Stock Market Indices Report - October 8, 2007

Welcome to my Stock Market Indices Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

The Australian All Ordinaries Index is in week 8 of its 22-week Primary Cycle. I wrote in my last 2 reports that I expected October 9 to be a reversal date also that there is resistance at 6711. That is still my bias that the market turns down tomorrow (Tuesday). This could be a typical decline into a half Primary Cycle trough (week 10-13).

I expect the market to turn down for at least a short term decline to 6235 points over the next week or so. If it retraces more than 602 points then prepare from a much longer decline to follow. If it continues to rise just hang on for the ride!!

Resistance levels for the XAO this week are 6711, 6819 and 7036 support is at 6545, 6469, 6394, 6235, and 6093 and ... the next reversal dates are October 9, 12 and 22.

Next report out on Monday, October 15. If for some reason you miss my weekly report you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: *ALERT* *ALERT* *ALERT*

Mastering The Stock Market – The Basics seminar is coming to Brisbane, Sydney and Melbourne. I haven’t run this seminar for ages and people have been constantly asking for it. If you haven’t been to one, or have a friend or associate who would like to know the basics of making money with the stock market then here is your opportunity.

One of our very experienced Platinum Super Traders, Paddy Weiner will be conducting it and you will learn heaps. I normally change $165 for this event and people always say that’s far too cheap for the information they receive … this is a once only event and a special offer to come along and get all the information for just $49.50! Either give our office a call to book in or register directly online:

Sydney - Wednesday, 17th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/2g8yw6 )

Melbourne – Wednesday, 24th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/yr88ba )

Brisbane – Thursday, 25th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/2ccdce )


Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

David Schirmer's Stock Market Indices Report - October 1, 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Last week the Australian All Ordinaries Index broke convincingly through its all time high of 6469 from July 13, 2007, on Friday (September 28) it made a high of 6601 … right on the resistance level I mentioned last week (I wrote Resistance levels for the XAO this week are 6469 and 6602.)

The Australian All Ordinaries Index is in week 7 of its 22-week Primary Cycle which started on August 16. If this is to be a bear cycle then it has to make its high on or before November 1, 2007 and start heading south again. As I wrote last week, if it is to continue its previous bull campaign then it would need to rise beyond early November without taking out the August 2007 low. As the long term 18-year cycle low is due my bias is still that this cycle at best would have a final burst up before continuing its decline.

The only other major index that has risen above its July high is the Hang Seng (HIS) … and it has gone berserk … 40% or 7779 points rise in 6 weeks!! If you want to see euphoria then check out the HSI chart below. Notice that the rise from 1987 to 2003 was largely between 1x1 (scale = 10 points x 1 day) and 2x1(20 point x 1 day). Since 2003 the HIS has been rising 80 points per day on average … and in the last 2 months it has risen 190 points per day! Other major world indices have not been as strong, none have taken out their July 2007 highs yet.

Hang Seng Index

The S&P is still faulting at a double top which is very concerning for the US markets.

Resistance levels for the XAO this week are 6711, 6819 and 7036 support is at 6476, 6335, 6194, and 6054 and ... the next reversal date is October 9.

Next report out on Monday, October 8. If for some reason you miss my weekly report you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: *ALERT* *ALERT* *ALERT*

Mastering The Stock Market – The Basics seminar is coming to Brisbane, Sydney and Melbourne. I haven’t run this seminar for ages and people have been constantly asking for it. If you haven’t been to one, or have a friend or associate who would like to know the basics of making money with the stock market then here is your opportunity.

One of our very experienced Platinum Super Traders, Paddy Weiner will be conducting it and you will learn heaps. I normally change $165 for this event and people always say that’s far too cheap for the information they receive … this is a once only event and a special offer to come along and get all the information for just $49.50! Either give our office a call to book in or register directly online:

Sydney - Wednesday, 17th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/2g8yw6 )

Melbourne – Wednesday, 24th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/yr88ba )

Brisbane – Thursday, 25th October 2007 - CLICK HERE
(or copy and paste this URL into your browser http://tinyurl.com/2ccdce )


Yours in abundance,

David Schirmer

P.S. Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

David Schirmer’s Stock Market Indices Report - Septebmer 24

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Last weekend I attended Tony Robbins Unleash The Power Within (UPW) seminar in Sydney … after jumping around and yelling for four days and getting home late Monday night this report had no chance of getting done. If you have never experienced a Tony Robbins’s seminar then do yourself a favour … get along to one, it could change your life! This was my eighth time since 1995.

Better get back to the stock report! Two weeks ago I mentioned that the reversal dates for the Australian All Ordinaries Index were September 10 and 17 … the market made lows and turned on September 10 and 18. The index hasn’t shown the signs of weakness as I expected, however it still hasn’t broken through the all time high of 6469.

What will happen this week?

The Australian All Ordinaries Index is in week 6 of its 22-week Primary Cycle which started on August 16. If this is to be a bear cycle then it has to make its high on or before November 1, 2007 and start heading south again. If it is to continue its previous bull campaign then it would need to rise beyond early November without taking out the August 2007 low. As the long term 18-year cycle low is due my bias is still that this cycle at best would have a final burst up before continuing its decline.

Other world indices have not been as strong, further strengthening my bias of a continued decline.

Resistance levels for the XAO this week are 6469 and 6602, support is at 6346, 6224, and 6203 and ... Reversal dates are November 24 and October 9.

Next report out on Monday, October 1. If for some reason you miss my weekly report you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: 2½-day Professional Traders Workshop … learn how to leverage successfully, trade CFD’s and short the market to make money from these declines! November 22-24, 2007. Call Paddy on 0413-844-321.


Yours in abundance,

David Schirmer

P.S. A new Secret product is about to be launched – “How To Apply The Secret Step-By-Step”. We are pre-launching only to our Market Index readers and Secret Affiliates. Click here or copy and paste into your browser: http://www.thesecret.com.au/howtoapply.html


Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.


Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

David Schirmer’s Stock Market Indices Report - September 10, 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Last week I mentioned that “Markets around the world all have a key period September 4-7 … for the Australian All Ordinaries Index and most indices that should mean a cycle high Tuesday September 4, for many other markets especially currencies it will mean either a cycle primary trough or peak around September 6. In other words, which ever way the particular market is trading into this time period it should turn and head the other direction, for many markets, they will continue their long term trend.” This has again proven extremely accurate ... Here is some of what happened last week:

DAX high Sept 4 7,725
DOW high Sept 4 13,494
FTSE high Sept 5 6,391
NASDAQ high Sept 4 2,644
S&P high Sept 4 1,496
XAO high Sept 5 6,359

EUR/USD low Sept 4 1.3548
GBP/USD low Sept 5 2.0039

My bias is that the Australian All Ordinaries Index should continue to show signs of weakness with a lower swing tops and bottoms on its decline down into longer term cycle lows. The only thing that would change my view is if the XAO takes out the all time high. The other indices mentioned above are all showing similar signs.

Resistance levels for the XAO this week are 6359 and 6469, support is at 6142, 6033, and 5925 and ... Reversal dates as mentioned last week are September 10 and 17.

Next report out on Monday, September 17. If for some reason you miss my weekly report you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: 2-day Born Rich … a MUST attend for every single person … teaches exactly how The Law of Attraction Works and how to use in every part of your life (including money!) September 22-23, 2007 http://www.youwerebornrich.com.au/

2½-day Professional Traders Workshop … learn how to leverage successfully, trade CFD’s and short the market to make money from these declines! November 22-24, 2007. Call Paddy on 0413-844-321.


Yours in abundance,

David Schirmer

P.S. A new Secret product is about to be launched – “How To Apply The Secret Step-By-Step”. We are pre-launching only to our Market Index readers and Secret Affiliates. Click here or copy and paste into your browser: http://www.thesecret.com.au/howtoapply.html


Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC - The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX - DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW - The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE - The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei - Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P - The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO - The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Monday, September 03, 2007

David Schirmer's Stock Market Indices Report - 3 September 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

All markets ended up in positive territory last week with the Hang Seng index being the only major index to break past its July 2007 high. I mentioned last week that a resistance levels for The All Ordinaries index was 6203 & 6251 … it reached 6199.9 and stopped and retraced to 6032.7 before continuing back up and making a high on Friday at 6248 … not bad, 3 points short in both instances!

Markets around the world all have a key period September 4-7 … for the Australian All Ordinaries Index and most indices that should mean a cycle high Tuesday September 4, for many other markets especially currencies it will mean either a cycle primary trough or peak around September 6. In other words, which ever way the particular market is trading into this time period it should turn and head the other direction, for many markets, they will continue their long term trend.

As I mentioned last week, the key is if the Australian All Ordinaries Index can continue to rise and take out the previous top at 6469.2 over the next few weeks. The number for the FTSE is 6754, Dow Jones is 14022 and the S&P 500 is 1555.2. We need to watch closely for signs of weakness as the markets climb back toward their previous highs.

Resistance levels for a rise this week are 6387 and 6469, major support is at 5675, 5518 and 5317 with minor support at 5994, 5920, 5839, and 5760. and ... Reversal dates are September 4, 10 and 17.

Next report out on Monday, September 10. If you have missed my past reports you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS: 2-day Born Rich … a MUST attend for every single person … teaches exactly how The Law of Attraction Works and how to use in every part of your life (including money!) September 22-23, 2007 www.YouWereBornRich.com.au

2½-day Profession Traders Workshop … learn how to leverage successfully, trade CFD’s and short the market to make money from these declines! November 22-24, 2007. Call Darren on 0438-887-094 or Paddy on 0413-844-321.


Yours in abundance,

David Schirmer

P.S. A new Secret product is about to be launched – “How To Apply The Secret Step-By-Step”. We are pre-launching only to our Market Index readers and Secret Affiliates. Click here or copy and paste into your browser: http://www.thesecret.com.au/howtoapply.html

Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Monday, August 27, 2007

David Schirmer's Stock Market Indices Report - 27 August 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

The big question this week is: “Can the Australian market break into new highs and head off up in another eutrophic rise, or will it falter here and continue its decline down into the 18-year cycle low?”

This same question can be asked of many markets around the world, especially the S&P and Dow Jones. Only price movement will give us the absolute answer. Let’s look at the possibilities.

I mentioned last week that:


My bias is still that most markets are moving into their longer term cycle declines and lows. People will start to buy stocks at what appears to be low prices (compared to the recent highs) only to see a short rally before continued declines. This is a time in the markets to be smart and to analyse the individual stocks to decide whether to buy or not. As I have said many times in my stock market workshops, any mug can make money when markets are rising; few keep it in the declines. These next few months will be a test to see how many people can keep their profits.

I have noticed that many world indices have fallen below their primary cycle commencement price; this is a strong indication of a bear market in play. The next signal we need to watch is if these markets can recover their falls and take out the previous cycle high – if they can’t then the following declines will be greater than what we have just experienced (that is my expectation).
That is still my view. The key is if the Australian All Ordinaries Index can continue to rise and take out the previous top at 6469.2 over the next few weeks. The number for the FTSE is 6754, Dow Jones is 14022 and the S&P 500 is 1555.2. We need to watch closely for signs of weakness as the markets climb back toward their previous highs.

The typical signal of weakness in the markets is a lower swing top (a price weakness) followed by more time spent going down then up (time weakness). An important key to remember at this stage in the market is that those people who bought stocks at or near the previous peak are hoping, wishing, wanting the market to continue up. They have little experience and are greedy. Already the ‘experts’ in the industry (stock brokers & financial planners) are telling them to ‘buy more while it is low – bargain prices’!! Remember, as I share in my Complete Stock Market Home Study Course, that the masses are wrong 90% of the time because of their ignorance. They will want to buy more as the markets indicate a bear move until finally a full on panic sets in. That hasn’t happened … yet!

Resistance levels for a rise this week are 6203, 6251 and 6469, major support is at 5675, 5518 and 5317 with minor support at 5994, 5920, 5839, and 5760. and ... Reversal dates are August 31 & September 4, with the later being a strong correlation of a Primary Cycle crest or higher.

Next report out on Monday, September 3.

UPCOMING SEMINARS:

2-day Born Rich … a MUST attend for every single person … teaches exactly how The Law of Attraction Works and how to use in every part of your life (including money!) September 22-23, 2007 www.YouWereBornRich.com.au

2½-day Profession Traders Workshop … learn how to leverage successfully, trade CFD’s and short the market to make money from these declines! November 22-24, 2007. Call Darren on 0438-887-094 or Paddy on 0413-844-321.


Yours in abundance,

David Schirmer

P.S. A new Secret product is about to be launched – “How To Apply The Secret Step-By-Step”. We are pre-launching only to our Market Index readers and Secret Affiliates. Click here or copy and paste into your browser: http://www.thesecret.com.au/howtoapply.html

P.P.S. If you want to make some money just by telling your friends about the launch, join our online Affiliate program http://www.thesecret.com.au/affiliate_signup.htm and we will send you details during the pre-launch phase. If just 15 friends and associates purchase the “How To Apply The Secret Step-By-Step” series, and they share with their friends … you could earn $46,107.00* per year. Join the online affiliate program and we will show you how.

*Based on our 3 tier online Affiliate program and if each person purchase “How To Apply The Secret Step-by-Step” series for $47.00. Any other product purchases would increase your income substantially.


Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC - The CAC 40 index is the main benchmark for Euronext Paris (France).
DAX - DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
DOW - The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
FTSE - The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
Nikkei - Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
S&P - The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
XAO - The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Monday, August 20, 2007

David Schirmer's All Ordinaries Index (XAO) Report - 20 August 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

This week I am writing my report from Q1 on the Gold Coast (Australia) … enjoying the ‘beautiful one day, sunshine the next’ Queensland rain!!!! We are here for our 4th Platinum Super Traders conference for 2007.

Another week of declines in stock markets around the world. Last week I wrote about the Australian Stock Index: “if it trades below 5914 expect the market to continue its decline into longer term cycle lows” … and that Tuesday, August 14 was a reversal day!

Here is an overview of what has happened in the world markets:

CAC High 6168, dropped 930 points (15.4%). Support is at 4565, resistance is at 5693.
DAX High 8152, dropped 961 points (11.8%). Has a double top March 2000 and July 2007. Support at 6661, 6437 and 5170, resistance is at 7723 and 8152.
DOW High 14022, dropped 1504 points (10.7%). Support at 11940, 11750 and 10445.
FTSE High 6724, dropped 932 points (13.8%). Major support at 5576 and 5016.
Nikkei High 18300, dropped 3035 points (16.6%). Major support at 14046.
S&P High 1556, dropped 185 points (11.9%). Double top March 2000 and July 2007. Bounced off major support at 1381 (low at 1371).
XAO High 6469, dropped 987 points (15.1%).

My bias is still that most markets are moving into their longer term cycle declines and lows. People will start to buy stocks at what appears to be low prices (compared to the recent highs) only to see a short rally before continued declines. This is a time in the markets to be smart and to analyse the individual stocks to decide whether to buy or not. As I have said many times in my stock market workshops, any mug can make money when markets are rising; few keep it in the declines. These next few months will be a test to see how many people can keep their profits.

I have noticed that many world indices have fallen below their primary cycle commencement price; this is a strong indication of a bear market in play. The next signal we need to watch is if these markets can recover their falls and take out the previous cycle high – if they can’t then the following declines will be greater than what we have just experienced (that is my expectation).

As far as the Australian All Ordinaries Index goes, our huge ranges and volatile swings are not over yet. When the fall took out the previous 22-week Primary Cycle low at 5627 it gave us further confirmation that we are entering a full on bear market and setting up for further decline into the 18-year cycle trough.

August 21/22 (Tuesday/Wednesday) is a very strong reversal date and if the market fell into this period then it could give a strong short term rise. However my bias this week is a short rise Monday and Tuesday and reverse again Wednesday.

Resistance levels for a rise this week are 6013, 6188 and 6250, major support is at 5043, 4568, 4092. and ... Minor reversal dates are August 21/22, August 31 & September 4.

Next report out on Monday, August 27. If you have missed my past reports you can read them on my blog http://davidschirmerxao.blogspot.com/

UPCOMING SEMINARS:
  • 2-day Born Rich … a MUST attend for every single person … teaches exactly how The Law of Attraction Works and how to use in every part of your life (including money!) September 22-23, 2007 www.YouWereBornRich.com.au
  • 2½-day Profession Traders Workshop … learn how to leverage successfully, trade CFD’s and short the market to make money from these declines! November 22-24, 2007. Call Darren on 0438-887-094 or Paddy on 0413-844-321.

    Yours in abundance,

    David Schirmer

    P.S. A new Secret product is about to be launched – “How To Apply The Secret Step-By-Step”. We are pre-launching only to our Market Index readers and Secret Affiliates. Click here or copy and paste into your browser: http://www.thesecret.com.au/howtoapply.html

    P.P.S. If you want to make some money just by telling your friends about the launch, join our online Affiliate program http://www.thesecret.com.au/affiliate_signup.htm and we will send you details during the pre-launch phase. If just 15 friends and associates purchase the “How To Apply The Secret Step-By-Step” series, and they share with their friends … you could earn $46,107.00* per year. Join the online affiliate program and we will show you how.

    *Based on our 3 tier online Affiliate program and if each person purchase “How To Apply The Secret Step-by-Step” series for $47.00. Any other product purchases would increase your income substantially.


    Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


    Terminology

    CAC The CAC 40 index is the main benchmark for Euronext Paris (France).
    DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
    DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).
    FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.
    Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).
    S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).
    XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

    Disclaimer
    The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
    Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

    Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

    © 2007 Wealth By Choice Pty Ltd, all rights reserved.

Tuesday, August 14, 2007

David Schirmer's All Ordinaries Index (XAO) Report - 13 August 2007

Welcome to my Stock Market Indices Report. As we now have subscribers from all parts of the world I thought I would add other markets rather than just the Australian stock market. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Last week was another rocky week for stock markets around the world. Last week I wrote that the Australian Stock Index would “open low Monday morning and start trading up Tuesday continuing for 1-3 weeks forming a new Primary Cycle high before continuing its decline into the longer term lows”… and that Friday, August 10 was a reversal day and 6201 was a major resistance.

This should silence those who put up anonymous posts on the internet claiming I don’t know what I’m talking about – I always find it amazing that those ‘people-destroyers’ never have the intestinal fortitude (guts) to post their analysis. For three weeks in a row my forecasts have been pretty well spot on! The Aussie market bottomed out Monday, August 6, turned up Tuesday, ran up all week, stopped 13 points short of the major resistance of 6201, then turned down on Friday, August 10 … my nominated reversal date! Oh, and for the cynics and naysayers, I also said three weeks ago that this first fall would be 316-556 points … it fell 547!!!


Here is an overview of what has happened in the world markets:

CAC High 6168, dropped 733 points (11.9%). Major support is at 5296 and 5366.

DAX High 8152, dropped 858 points (10.5%). Has a double top March 2000 and July 2007. Major support at 6661, 6437 and 5170.

DOW High 14022, dropped 964 points (6.9%). Major support at 12981, 11940, 11750 and 10445.

FTSE High 6724, dropped 686 points (10.2%). Major support at 5885, 5576 and 5016.

NASDAQ High 1761, dropped 190 points (10.8%). Major support at 1511, 1394 and 1273.

Nikkei High 18300, dropped 1647 points (9.0%). Major support at 16006, and 14046.

S&P High 1556, dropped 102 points (6.6%). Double top March 2000 and July 2007. Major support at 1381 and 1162.

XAO High 6469, dropped 547 points (8.5%).

I will gradually build up the report to cover each major market around the world. This week I will cover The Australian All Ordinaries Stock Index (XAO) in more detail.

My bias is now that most markets are moving into their longer term cycle declines and lows. As mentioned earlier, the All Ordinaries Index is`in the time period for a further decline into the 46-month cycle low, and even further into the 18-year cycle low. The minimum decline to the 18-year cycle low will be 1995 points from the all time high (30.8% drop!) More about that later on.

This week if it trades below 5914 expect the market to continue its decline into longer term cycle lows.

Minor support levels for the decline are 5822 and 5777 with major support for further decline at 5914, 5641, 5627, 5518, 5043, 4568, 4092. and ... Minor reversal dates are August 14 & August 22.

Next report out on Monday, August 20.

Yours in abundance,

David Schirmer

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Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.


Terminology

CAC The CAC 40 index is the main benchmark for Euronext Paris (France).

DAX DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.

DOW The Dow Jones Industrial Average (The Dow) is the main stock market index for the New York Stock Exchange (USA).

FTSE The FTSE 100 Index (or just the FTSE, pronounced footsie) is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. FTSE is an abbreviation of 'Financial Times Stock Exchange'.

NASDAQ The NASDAQ-100 is a stock market index of 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange (USA).

Nikkei Nikkei 225 is a stock market index for the Tokyo Stock Exchange (Japan).

S&P The S&P 500 is an index containing the stocks of 500 Large-Cap corporations, most of which are American, from both the NYSE and NASDAQ Stock Exchanges (USA).

XAO The All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the main index of shares for the Australian Stock Exchange.

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Monday, August 06, 2007

David Schirmer's All Ordinaries Index (XAO) Report - 6 August 2007

Welcome to my Australian All Ordinaries Index Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Most markets around the world continued to fall this last week. Last week I wrote “My bias for this week is a short rally followed by a further decline to complete the primary cycle.” Two weeks ago I wrote “The All Ords has a 22-week cycle from trough (low) to trough and it is currently in week 20. That indicates a short term drop of 316 - 556 points over the next 2-3 weeks.” (http://davidschirmerxao.blogspot.com/)

The All Ordinaries Index has fallen down to 5952 since Tuesday July 24, a 512 point drop. While Australia slept Friday night the Dow Jones fell down 281 points (2.0%) and the FTSE slipped down another 67 (1.1%) points. The Australian All Ordinaries Index will open down on Friday’s close; where will it go this week?

It has met time and price criteria for the primary cycle. The challenge is that the market is also in the time period for a further decline into the 46-month cycle low, and even further into the 18-year cycle low. So we have two possible scenarios playing out right now:

  1. Even though the time and price criteria for the 22-week cycle decline have been met, the markets may continue to fall directly into there 46-month and 18-year cycle lows.
  2. The 22-week cycle decline is finished and the market will rise before continuing its decline into the longer term cycle lows.

I mentioned in my last two reports that “A highly probable date for the 22-week cycle low is August 3-6.” Time is always more important than price therefore my bias is scenario #2; that the market opens low Monday morning and starts trading up Tuesday continuing for 1-3 weeks forming a new Primary Cycle high before continuing its decline into the longer term lows.

Resistance on the way up is at 6000, 6134, 6268, 6335 with major support at 6201 & 6469. Minor support levels for the decline are 5943, 5837, 5732, with major support for further decline at 5627, 5518, 5043, 4568, 4092. and ... Minor reversal dates are August 10, August 14 & August 22.

Next report out on Monday, August 13.

Yours in abundance,

David Schirmer

Check out http://davidschirmer.blogspot.com/ for insights to my Secret Journey.

The LIVE Complete Stock Market Course on DVD and CD plus 2007-08 Report: http://www.thecompletestockmarketcourse.com/main.html

The Basics Of Creating Wealth:
www.7StepsToUnlimitedWealth.com

Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.
Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.

Tuesday, July 31, 2007

David Schirmer's All Ordinaries Index (XAO) Report - 30 July 2007

Welcome to my Australian All Ordinaries Index Report. This report is in no way indicative of what individual stocks will do but rather a general ‘crystal ball’ of overall market movements. Individual stocks often do not move in the same direction or the same magnitude as an index. To know what stocks to buy or what to sell you must do your own study and research. Please read the disclaimer below.

Since writing my report last week markets around the world have taken a bit of a fall. I wrote “The All Ords has a 22-week cycle from trough (low) to trough and it is currently in week 20. That indicates a short term drop of 316 - 556 points over the next 2-3 weeks.” (http://davidschirmerxao.blogspot.com/)

The All Ordinaries Index fell down to 6087, a 366 point drop … so far. It has met time and price criteria for the primary cycle. The challenge is that the market is also in the time period for a further decline into the 46-month cycle low, and even further into the 18-year cycle low.

My bias for this week is a short rally followed by a further decline to complete the primary cycle. The next few weeks will indicate just how bearish the market may get, or if it will have one last bull run.

Resistance on the way up is at 6203, 6258 and 6364. Support levels for the decline are 5994, 5518, 5043, 4568, 4092 ... and ... A highly probable date for the 22-week cycle low is August 3-6, with minor reversal dates on August 10.

Next report out on Monday, August 6.

Yours in abundance,

David Schirmer

The LIVE Complete Stock Market Course on DVD and CD plus 2007-08 Report: www.TheCompleteStockMarketCourse.com

The Basics Of Creating Wealth:
www.7StepsToUnlimitedWealth.com


Disclaimer
The training and education services provided by Wealth By Choice Pty Ltd (ACN 112 230 958) involve the supply of factual information about securities and commodity markets only. It should not be assumed that the methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. The training and education services do not involve any recommendations in relation to your personal financial circumstances or investment needs and does not provide any investment advice. Examples presented are for educational purposes only. Any stock, option, warrant, CFD or futures contract mentioned are not a recommendation to buy, sell or hold but merely a study of past performance.

Before making any investment or trading decisions you should obtain advice from a licensed securities or financial advisor and consider with or without the assistance of a securities or financial advisor, whether the advice is appropriate in light of the particular investment or trading needs, objectives and financial circumstances of the prospective investor or trader. Wealth By Choice Pty Ltd and its representatives and officers will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions. By attending any Wealth By Choice Pty Ltd or associated companies events or reading or viewing any Wealth By Choice Pty Ltd or associated material, you are implicitly agreeing to the conditions set out above.

Trading Edge is a registered trademark and is used under license by Wealth By Choice Pty Ltd, Wealth By Choice LLC, Life Success Productions Pty Ltd.

© 2007 Wealth By Choice Pty Ltd, all rights reserved.