Got the EXPECTED rally on OPEn till 11;54
Why 11;54 ?/ Natural Energy HIGH + 178
Might be HOD dow + 190 @ 10:45 ~~ BUT there might be another attempt at 3;42pm
150 bars @ 11;30 was right on schedule Dow +140
180 bars @ 2pm might drag it down to a minor gain
204bars at CLOSE or OPEn on Thsday
the jury is still out on this forecast, but it wont matter in the long run
I sold my calls at 11;54 and bot some puts on the DJX
I will be selling those on close today or open tomrrow
and buying calls at the open low
Jaywiz blog is right on track so far this week
More Later
Jay
3 comments:
Hello Jay,
I wasn't completely logged in as a follower. Completed that today.
I like todays forcast and think your right on.
What have you for Friday? Trying to stay out of a whipsaw.
Coy
YES Sir, this week has been great.
Thank You
Pauline
Hi Jay,
I want to pass on an end-of-day technical I calculate daily. I call it Premium Pointer.
Premium Pointer = the last 31 minutes of progressive divergence above and below an operable Range, during the day session beginning at 3:44 PMEDT.
Range -3.50 – 4.13, midrange -3.815, low-high 3.95
3:44 -3.08
3:48 -4.75
3:51 -4.76
3:53 -5.00
3:57 -2.96
3:58 -2.73 1.085/3.95 = 27.47%
4:04 -5.89
4:09 -6.68 2.865/3.95 = 72.53% Downside above 70%. This bias is likely to be manifested Thursday.
Closed below range @-5.68, 808.20 Jun09
Coy
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