THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, February 10, 2009

NOW WHAT ?

OK, GLAD YOU ASKED.

OK,
We are getting MY projected DECLINE on the 10th
Now what?
The MARKET TOMORROW will open UP with a BANG
SHORT THE OPEN & sell your position at 11am

THEN what? ok ~ glad you asked
SHORT the CLOSE on the 11th
Sell out at OPEN on 12th = 30bars & 13 day segment @ 9:50am

then what ? boy you sure are needy(G)
on the 12th
BUY calls at 11am to noon
and HOLD onto your position thru Friday's close

More later
Jay

6 comments:

Anonymous said...

jay,

do you mean BUY the open and then sell the position at 11am?

Anonymous said...

great stuff as always Jay. Thx.

Alvin

Anonymous said...

I can see where the first poster is somewhat confused -

You are looking at a up day tomorrow so are you looking to sell the open and close the short in the morning and reshort the closing or was it a typo and you are long the open, sell later in the morning and reshort the closing?

Brian

Jay Strauss said...

Brian
Your first sentence is CORRECT
ON Feb11th
Expect a 200 point UP open
SHORT It & close that position at 11 am

THEN when the day closes higher at 4pm SHORT it- eg -buy puts

Sell those puts at 9:50am
same day Feb 12
BUY calls at 11 to noon
Sell those calls at or before 4pm Friday

Hope that clears things up
Jay

Anonymous said...

Clear as day - thank you for the clarification

Brian

Idris said...

Jay and all,

I see a host of negative aspects tomorrow all throughout the day.

Moon 0 Saturn
Moon 135 Mars
Moon 102 Pluto
Moon 90 Saturn/Uranus
Moon 180 Uranus
Moon 150 Chiron
Sun 150 Moon

Yet will lookout for your trends.