THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Saturday, June 28, 2008

Was that THE bottom ?

The bottom of WHAT- just like stores offer discounts 50%- 50% off of WHAT?

Most bottoms are clinched when ALL the major indeces hit it at one time - AND That is JUST not the case right now. so where are we and what just happened.

So far we got
DOW breaking to new lows.
SPX not breaking under 1260, the March 17th lows
NDX closing the April18th gap

I have posted some of the data that analysts have been looking at
However, we did get a 109, or 110 day low from Jan 22nd and of course that important
717 lunar months ended on June29th
Some have June30th as 42 calendar days from may19th
needless to say, if you read back, you can get a jist of the data available for a low on June30, which may have already occurred on the 27th.

whats that ? you ask- you only want to know what Im thinking. Ok; lets explore.
Jaywiz index = .23 on Thursday, and .22 on Friday- both bearish.
On the 24th, My own propietary adv dcl index = 259, & volume index = 323 Indicating a low was about to occur. as you remember, when these values drop under 400, its an alert to look for a low.

Oil is the word of the day, at least for last week, and should continue to hold our attention until it drops firmly under $100-- haha fat chance. however, whatever is parabolic on the upside, reverses with equal force.

As you have read on my previous posts Im looking at July10th as a more important point of reference for a major low; But before that we are about to get a relief rally next week into a high on july7th.

As for my trading on Friday
I bot puts in the first 5minutes and sold them b4 11am ,little early but still satisfactory

As for Monday, I will report on Sunday

best for now
Jay

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