THE FUTURE

THE FUTURE
PRECISION STOCK MARKET TIMING

Thursday, February 12, 2009

Rewards

looks like shorting at 3pm will be rewarded this morning

choices we now have ____________

We can close out puts positions at 9;50 - 10 am

OR wait till Noon

most reversals require a an initial low and subsequent retest looking like a W- such should be today's mkt
SAME DEAL for the 13th, but tomrrow could be a V type low.

If I sell put position at 10, I will prepare my brain to buy calls at noon TO SELL AT CLOSE
OR
wait for a big close , then short it expecting another open low, this time at 10;56am, the 23.6%/13 day cycle low
coinciding with 180bars @ 10;30
OR
wait for this low and buy calls to SELL AT CLOSE

More Later
Jay




6 comments:

Anonymous said...

Jay, Do you trade the ETFs...If So what are some of yours that you like??

You like options puts, spy?? What do you like to trade??

Thanks Eric

Anonymous said...

man you're the best ! :-)

Anonymous said...

jay,

once again you have nailed it !!

i think buying the low at noon seems like the thing to do and then selling at closing - along with going short at the close - lots of buying/selling at the close....

brian

Pauline said...

U N B E L I E V A B L E, WOW!!!!

As always, I'm impressed, keep up the good work Jay, it is very much appreciated.

Thanks
Pauline

Jay Strauss said...

THANKS GUYS
I will attempt to keep up the good work

We all want to be millionaires this year

SOLD puts at 10am $$$
Bot a few calls

Will sell at close

tomrrow might open HIGHER, then take in the 13 day low at 10:56 before running higher for the day

Jay

Shankar said...

Quite Impressive.

Not as much of an active trader as you are (since I do not daytrade), but your work helps me tremendously.

I am looking for a short-term top on the 17th. Does your work confirm that?