Richard Suttmeier is the Chief Market Strategist at www.ValuEngine.com.

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covers over 7,000 stocks every day.

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October 15, 2010 – Closes above 4806.1 Transports and 11,205.03 Industrials is a
Dow Theory Buy Signal.

The yield on the 10-Year note rose to a test of my weekly pivot at 2.509 on Thursday solidifying
that the effect of QE2 should be limited to my quarterly and semiannual risky levels at 2.265
and 2.249. Gold has gone Parabolic with a new all time high of $1388.1 with today’s risky level
at $1397.6. Strength in crude oil continues to fail between my semiannual pivot at $83.94 and
my monthly risky level at $84.74. The euro traded above 1.41 on Thursday with today’s risky
level at 1.4207. The Dow remains below my annual risky level at 11,235 with my semiannual
risky level at 11,296. It’s still “Dow 8500 Before Dow 11,500” unless there’s a Dow Theory Buy
Signal with Transports closing above its May 3rd closing high at 4,806.1, and the Industrials
closing above its April 26th closing high at 11,205.03. RealtyTrac on the Foreclosure mess
10-Year Note – (2.491) Annual and annual value levels are 2.813 and 2.999 with monthly and weekly
pivots at 2.555 and 2.509, and daily, quarterly and semiannual risky levels at 2.357, 2.265 and 2.249.

Courtesy of Thomson / Reuters

Comex Gold – ($1380.6) Quarterly, semiannual and annual value levels are $1306.4, $1260.8,
$1218.7 and $1115.2 with monthly and weekly pivots at $1343.7 and $1350.2 and daily risky level at
$1397.6.

Courtesy of Thomson / Reuters

Nymex Crude Oil – ($82.78) Weekly and annual value levels are $79.62 and $77.05 with daily and
semiannual pivots at $83.45 and $83.94, and monthly risky level at $84.74.

Courtesy of Thomson / Reuters

The Euro – (1.4078) Weekly, quarterly and weekly value levels are 1.3737, 1.3318 and 1.2919 with a
daily pivot at 1.4207. My monthly value level is 1.2342 with semiannual risky level at 1.4733.

Courtesy of Thomson / Reuters

Daily Dow: (11,095) Semiannual, annual and quarterly value levels are 10,558, 10,379 and 8,523 with
monthly and weekly pivots at 10,857 and 10,938, and annual, daily and semiannual risky levels at
11,235, 11,290 and 11,296. My annual risky level at 11,235 was tested at the April 26th high of
11,258.01.

Courtesy of Thomson / Reuters

RealtyTrac® Report on Foreclosures

Foreclosure filings including default notices, scheduled auctions and bank repossessions totaled
930,437 properties in the third quarter, up 4% from the second quarter. Foreclosure filings in
September were 347,420 properties, up 3% from August. A record 102,134 bank repossessions
occurred in September. This increase was caused the government mortgage modification program,
which freezed foreclosures over the past twenty months.

A total of 288,345 properties were lost to foreclosure in the July-September quarter, according to
RealtyTrac up from nearly 270,000 in the second quarter, the previous high point in the firm's records
dating back to 2005.

Banks seized more than 816,000 homes through the first nine months of 2010 and had been on pace
to seize 1.2 million by the end of this year. Fewer are now expected as several major lenders have
suspended foreclosures and sales of repossessed homes until the foreclosure-documents mess is
sorted out. Nearly 600,000 bank-owned homes are not yet on the market, according to RealtyTrac.

That’s today’s Four in Four. Have a great day.

Richard Suttmeier
Chief Market Strategist
ValuEngine.com
(800) 381-5576
Send your comments and questions to Rsuttmeier@Gmail.com. For more information on our products
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As Chief Market Strategist at ValuEngine Inc, my research is published regularly on the website www.ValuEngine.com.
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