POLAR PACIFIC / Financial Markets Analysis by David Bensimon [SUMMARY BY MARKET]

EQUITIES
1998	*Fax* 04APR	SPX	“Current 5th wave will only reach 1180. At that point we will see the sharp downmove back to at most 913.” Market peaked at 1190 in JUL and fell 22% to 923 in OCT -- precisely the 267-point magnitude projected.
2000	*Internet* 19MAR	SPX	“Significant top at 1540* ... as start of 50% 2-4 year bear market.” Market peaked the following week at record 1552* and fell 50% over 2.5 years -- exactly achieving the price and time objectives.
2002	*Weekly #78* 16SEP	SPX	“Expect final descent to 776* on 08OCT.” Major Closing Low at precisely* 776 on 09OCT, followed by 100% gain.
2004	*Website* 31JUL	SPX	“Remarkable Price-Time symmetry for 1061* on 13AUG to finish Wave 4. … +200 points to complete Wave 5.”* Market delivered key trough absolutely perfectly at the cited juncture, then over the next 6 months rose +170 points of the +200 projected (eventually reaching +215 later in 2005).
2006	PolarView #17 01MAY	SPX	“Rally to high at 1326* on 22MAY"* Market peaked precisely at level expected with high at 1327 on 05MAY, and then dropped sharply by 8% to 1219.
2008	PolarView #43 01JUL	SPX	“Bounce to high at 1310 on 11AUG ... [then] slide to 1170 in week ending 03OCT" Market delivered both ends perfectly, with high at 1313 on 11AUG, and monthly close at 1166 on 30SEP.

CURRENCIES
1998	*Fax* 02AUG	JPY	“Very ominous triple bearish divergence …. Expect big move back to 108.00 over next few months.” Market peaked on 11AUG at 147.50 and Dollar melted down 26% (equal to 36% gain for Yen) to a low on 08JAN at 108.25 -- precisely the cited target.
2000	*Monthly #2* 31OCT	EUR	“Intersection of these elements at the .8200* low last week provides solid support … an enduring reversal … significant upside potential.” Stayed bullish for three years as market climbed 60%*.
2002	*Weekly #47* 11FEB	EUR	“Outlook for the rest of the year remains bullish in favour of reaching 1.0000.” Market rose 16% to achieve target in JUL and finished the year at 1.0400.
2004	Presentation 15MAR	AUD	“Expect immediate +500* points from .7300 to .7800 followed by -800 points to .7000.”* Market delivered the pattern over next two months with +400 points to .7700 and -900 points to .6800.
2006	PolarView #14 01FEB	EUR	“Sharp 10%* drop to 109 in June.”* Market delivered -8.5% to low in May at exactly 109.
2008	PolarView #42 01JUN	CAD	“8% climb for USDCAD from 0.99* to 1.07 between 14JUN and 08AUG."* Market precisely fulfilled the cited price and time objectives, rising 8% from 0.99 in JUN to reach 1.07 on 08AUG.

COMMODITIES
1999	*Internet* 24AUG	GOLD	“Clear bullish divergence … strong likelihood of a sizable bounce … outcome will be a panic rally … taking us up to 300-350.” 23-year Low on 26AUG at 252. Gold then exploded, rising 33% in 11 sessions to a High on 05OCT at 338 -- right in the cited target zone.
2001	*Weekly #3* 07APR	GOLD	“*07APR* -- now -- is the precise date providing symmetry to conclude the right side of a large inverted H&S since 1998.” Market troughed that very week in a powerful double bottom with AUG99 and over the next four years rose +90% (+220 points)
2003	*Weekly #102* 03MAR	OIL	“Fundamental backdrop for oil is very bullish* … Technical situation is also very bullish.* … Price level expected to double* over next 18 months.” Market rose +120%* from 25 in APR03 to 55 in OCT04 -- fulfilling the cited doubling in value over exactly the specified time frame.
2005	*PolarView #3* 01MAR	OIL	“*15%* pullback from 54 to 45 … then resumption of secular uptrend targeting 85.00* … enroute to a significant* high at 102 in 2007.” Market delivered the projected pattern with a 20% slide from 58 to 47 in MAY and then 110% to reach the 100 target exactly on schedule in DEC07.
2007	*PolarView #35* 01NOV	OIL	“Continued strength targeting 128 in MAY08.” Market delivered 50% gain from 85 to fulfil the anticipated juncture in both price and time with 128 reached in MAY08.

INTEREST RATES
1999	*Fax* 10AUG	BOND	“Interest rates in US will go up for next 6 months.” The 30-year yield rose 90 bp over exactly the cited period to a peak on 20JAN00 .
2001	*Weekly #28* 01OCT	BOND	“DEC Futures nearing endgame of rally since JAN00, with intraday volatility likely to rise.” Market moved 75 bp out of total 200 since JAN00, with an upward price spike peaking on 01NOV after Treasury terminated the 30-year Bond.
2003	*Weekly #112* 12MAY	BOND	“Top at 125* in early JUL.”* Market rallied to a peak at 124 (basis USM3) on 16JUN -- just ahead of the cited price/time juncture -- then fell sharply by 20 figures (135 bp).
2005	*PolarView #4* 01APR	DEPOSIT	“Resistance at 96.75* before falling* to 95.50* by the end of the year." Market delivered both ends of the 125* bp drop perfectly, with the high for EDM5 at 96.68 on 18APR95.48 on 15DEC.
2007	*PolarView #28* 01APR	DEPOSIT	“Immediate slide to 110, bounce to 112, and then collapse to 101" Market followed the script perfectly, with drop to low on 13APR at 110-00 and rally to high at 112-08 on 08MAY, followed by sharp collapse to a low at 104-25 on 13JUN."

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