most of my data prefers a lower day on friday, and for now Im sticking with that game plan.
90 bars cycle @ 4pm
today hit highs at 1pm, and the rest of the day was lower
3pm @ 258 bars , thus start a new cycle.
Since the market dropped lower AFTER the 258 bar cycle, it means to me LOWER.
8th is the open ceremony of the Olympics on 8-8-2008 : add the digits = 8
8 is Saturnian in nature , but represents good fortune for Chinese people.
Jaywiz index yesterday = a whopping 1.10, and today =.52
The last time we watched a build up we got big days on 29, & 30th
Im going to get into position on Monday for a HUGE one day rally on Tuesday, and again on Thursday, but maybe not as strong.
IF you remeber what I wrote WAY BACK when, I projected a HIGh at the August 16th ECLIPSE and thats just what we will get.
Dow High 14,000 - Low @ 11K = 3000 pts
50% = Dow 12,000
Can it be that simple? yes it can.
spx1200 + 120 = 1320, and ive mentioned that several times last week.
thats also a 50% retracement
But watch out afterward as rumors are spreading around the web for possible terrorist actions in the next few months at malls, airports, sports stadiums, etc. and reaction by the US military. In Israel, a discarded valise is cause for alarm by every citizen but here it might even get stolen by some shmuck thinking its got a $mil in it.
Nov 4th - has Saturn 180 Uranus & Mars square neptune & venus Square uranus & Venus Square saturn
those combinations are very severe, and very unfriendly to human behavior, so theres NO telling what will happen on or near Election day
Best for now
Jay
1 comment:
Well, a lot of your forecasts since the last week are proving inaccurate - short rally etc. So, if you are now forecasting top near August 16, in most probability, it won't be. And Nov. 4 may not be as bad as you think.
You definitely provide a lot of value - as contra indicator.
Thanks for it. Keep up the good work.
P.S.: Ever thought of joining Kramer on Mad Money? At least, you have some serious entertainment value.
Post a Comment