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Subscribe Members Latest Update Latest Alert Archives Getting Started Update Account Track Record Special Reports General Info Back Testing Wealth Building FAQ Goal Setting About Us Contact Us Whitelist Us Other Disclosures There is a risk of loss in all trading. Past results are not necessarily indicative of future results. Results shown here should be considered hypothetical. Hypothetical results do not correspond to actual profits or losses. Wednesday's Prices Update #675  June 26, 2007      PRINTABLE VERSION Closing prices Net Dow 13,337.66 -14.39 DIA 132.80 -0.82 YMU7 * 13396 -83 DDM 91.70 -0.92 DXD 51.19 +0.53 Last System signal: Long signal Wednesday June 20, 2007 Most Recent action: Exit Long Current Position: We are In cash Instructions for Wednesday: We continue to look for a near-term low and a rebound. If the Dow falls below 13,300 and later recovers back above 13,385 we will go long with a stop price of 13,300. The Dow did fall below 13,320 but after that it never rally to our entry trigger point. After the close the futures sold off sharply. Provided that weakness is not regained over night we should see a weak open on Wednesday. I was thinking we might see a turnaround Tuesday, but typically when that happens, the day starts off very weak. Since Tuesday started out strong it was less likely to play out in typical fashion, and it didn't. The action remains volatile with the VIX soaring to its highest level since the 2006 lows. We are seeing greater anxiety relative to the early June low, while prices are churning. This action is characteristic of a developing near-term low. Wednesday is the first day of a two day FOMC meeting. Thursday at 2:00 PM the FOMC policy statement will be released. Jim Patterson. If you questions, please send them to editorial@dowdoublediamond.com I try to answer all emails within 48 hours; however, sometimes it takes a little longer, and once in a while an email gets lost. If you don't hear from me in 4 days, please write again. Thanks! * The ticker for the September E-Mini eCBOT Dow $5 contract is YMU7

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The Dow Double Diamond system was designed for trading the Dow Diamonds (symbol DIA). Some investors may choose to use the system with Dow or Dow Diamond futures or even options. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

There is risk of loss in all trading. Past results are not necessarily indicative of future results.
Results are hypothetical. Hypothetical results do not correspond to actual profits or losses.

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