THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Monday, June 09, 2008

2 different worlds

Dow and ndx performed in 2 different worlds today

however, they both hit low spots at all the right places

11;00am
2pm was a 13 day or 84.5 hr cycle low
3pm was the 204 bar cycle

Tomorrow looks like it could start out on a low @ 228bars @10:30am, but a rebound is possible
I will be looking to buy calls for a one day play.

Jaywiz index = .31 still bearish
OEX pc ratio = .56 and thats extremely bearish

If they do get a rally going tomorrow, I dont think it will last more than one day.

the NDX hit major suppport right at 1950 and the SPX hit a murrey math point at 1351.

Still got the 60/90 day cycle convergence on the 11th. PLUS a 52 hr cycle @ 3pm.

With Venus 90 uranus @ 3am on the 12th , any effect should be seen on the 11th.

Puts bot last week were very profitable and could have been even more so, but I'll take a 29% gain anytime. Played the 2pm low and got out at the right time.

best wishes
Jay

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