THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Friday, December 26, 2008

keep on trucking

CNBC reports sentiment on bonds is 80% Bullish
what does that Tell you?
thats right, get out of bonds and into stock ~~~~

Today had a 10:30 high which is an hourly time opint
next hourly was 11:58 and the mkt turned lower at noon

120 bars right now as I write @ 1pm, and the dow is hanging barely positive

Next hourly @ 2:07 should find the mkt higher

Low @ 150 bars at 3;30

Next hourly high at 9:53 to 10 am on Monday

Monday's outlook indicates a lower day and potential lower open on Tuesday

31st has potential to be a strong rally

Feb 10/11 has the potential to be sharpy lower

BUT -Anyone looking for a retest of nov 21 had better learn to re evalute their thinking

Most later
Jay






4 comments:

Superbear said...

No Geopolitical Event this weekend?

Anonymous said...

30 year bond is on steroids right now!

Superbear said...

And it could remain on steroids for some more time. Shorting it right now could be a bit premature trade.

I would think about shorting it later in Q1 2009.

Idris said...

I agree 12/31 could be a strong rally

Mercury 0 Jupiter
Moon 0 Node
Venus 60 GC
Moon 0 Neptune

yet will it be the last hurrah !