PC ratios indicate a SELL OFF tomrrow
as previously stated, 1:32 has the only chance of a high for the day,
but coming off opening lows, it might not amount to much.
JAYWIZ index = .18 = sell
SPDR = 1.09 = sell
CBOE PC = .77 =sell
SPX = .96 = sell
OEX pc ratio = .51 SELL
Need I write any more??
Proprietary gauges dropped from highs of 3040 to 2996 showing tomrrow DOWN
Activity index barely moved off the 1.6 level even with a 200 pt up day
The LAST hour looked like a setup for a wave 3 down open again in accord with the
cycles mentioned b4
10am & 10;12 am
Friday has 180 bars hitting at 4pm
However, its also backed up with a midnite high tide on Feb 1st
Whats that mean ? You ask - good question
It means that IF Friday does NOT close DOWN, then MONDAY will open down with a THUD
on the 180 bar mark
More later
Jay
6 comments:
I just stumbled on your blog trying to find the Bradley Model for 2009. Do you have access to it and do you incorporate it into your work? How can one contact you on a consulting basis? Very interesting stuff. I will contribute my own views when I can add value. Keep up the "Good Work"!
Bradley.
Look at www.marketclues.net/bradley.gif or
a better site will be www.amanita.at where he has free comment every few months and search for Bradley 2009.
You could also look at 2008 and see how it compares with what the markets did.
You can download the original book about the Bradley model here:
http://www.247free.org/books/
Bradley, Donald A. - Stock Market Prediction The Planetary Barometer.pdf
Your views are welcome anytime
Yes, I do use the bradley model as an overall guide, but it can be tricky
Jay, I have been following your blog now for a while now, and I must say that you are truly amazing. Keep up the good work, as I for one truly appreciate it very much.
THANK YOU,
Pauline
Jay, From your recent commentary, is my understanding correct that you expect lows below 740 to happen before your prior expectation of C wave up (in wave 4) above 940?
Thanks,
Peter
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