THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, February 17, 2009

Scary Futures

very NEGATIVE Futures at 8:30 are abating some

17th and 18th fall on EXTREMES of the tidal range, thus we should see a wide ranging day today

However, any rebound off open lows does not change the forecast for

WEd - Friday

WEd & Thurs still down sharply, with a strong recovery Friday

What about next week ? You ask. Gee, you sure are in a hurry {g}

Any high gained this week is still under pressure and the mkt is still in down mode till
March 4th , 10th & 18th
In other words the benefit of doubt goes to the bears for March

In fact , ive written this b4
the Graph I posted above shows problems thru June13th as in 1949, making this low a 60 year cycle

Just as the BULLS were in charge all the way to Oct 10th, 2007, the bears have it still
until June 13th, 2009

more later
Jay






3 comments:

Anonymous said...

Well Jay. For me it's under SPX 804.30, and it's game over. See u at mid - late March bottom. Big money on trading the short side to that date.

Alvin

Anonymous said...

Jay
Is there any way to repost the chart from 1949 so we can read the dates. Even when clicked on it doesn't make the chart bigger.

Jeff

Anonymous said...

Yup! A brief rally expected and then SHort the living SNOT out of it some more.

Alvin