THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Friday, November 07, 2008

Nov 7th - Bradley date

We have already had the 800 pt loss or more that I wrote about earlier this week - WOW what a call !!
if I dont say so myself

Have not been able to post much this week , dealing with a loss in the family

BUT now what?

As the heading says, Bradley today should mark a short term low, with the 12th next and that should be a high

Futures indicate a higher open regardless of the jobs report, but Thats STILL an hour away from this writing

Power index pointed toward the decline this week, thus my ealier posting for 800 pts loss
Today it shows a higher open and subsequent collapse

Activity index was at 4.3 earlier this AM, but has since dropped to 1.3 at 7am - not sure how that will play out once the mtk opens



CYCLES
Bradley low
4.08 day cycle at 11am
156 bar cycle at 11am
38% segment of 13 day at 11:30

FTSE today made a midday low = to 1pm today in the USA
Charts edge has today languishing

Any low today should be met with a moderate rebound next week into the 12th, and Im still expecting the 13th to 19th to meet that 22/44 wk LOW that Jerry R has written about

17th HAS
55 - 89 - 110- 144- 233 & 280 tr days convergence
last convergence on 4th was a high, thus this one should be a low

the reading for the 19th, most imnportant, and Ive brot this to your attention in the past.
DO NOT FOLLOW THE CROWD
In other words, do not get suked in by NEGATIVE talk and sentiment
GO THE OTHER WAY- mkt intentions are WELL HIDDEN

Jay





2 comments:

Superbear said...

Family loss is never easy to deal with. Wishes & Prayers.

Keep up the good work you are doing.

Anonymous said...

Sorry to hear about your family loss. My thoughts are with you.

Thanks for all your help

Alvin