Oil...(H) March expires today. April needs all new price action over 98.15 ish
for higher. Buying strength above 97.50 is not recommended.

EUR/GBP…87.70 is half way back for the past 6 years.
GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is half way back for the past 5 years.

EUR/AUD…130 is resistance, 128.76 is support with stops below.

Euro…is going sideways on a weekly chart, which just means investors are only buying it off the crosses.

Precious metals…sell rallies until proven wrong.

Nasd…2792 is the next area of focus.

General Comments…

U.S. equities remain the hideout of choice for the yield chase. The metals have been getting slammed
because traders are looking for yield, which you don’t get by sleeping on your Gold.

The defense stocks are all offered going into the so called sequester, while some tech and the banks just keep on
marching higher.

Time frame trading today, the world is loaded up one way. So far the players have totally dismissed the possibility
of a sequester.

Model Trading Portfolio……………..
Stop Close                         Profit Points
No Current Holdings


FYI…Anytime you wish to look up levels, go to the website (Click on Pro Tips…add the instrument you are looking for in the box…)
Everything I’ve written for the Month will appear.

Short Term View…

We are using Monday’s closes ( 12/31/12) in everything for our trading bias for the qtr since all trading is bench marked against these closes.

Use 1/31/13 closes as your short term pivots in everything.

Medium Term View…updated qtrly

These are static levels that do not change.

The Medium Term View will no longer be available in our general archive section until the end of the qtr. All current clients have received this. New clients will be provided a copy.