3pm LOW yesterday turned into a 2:55 pm HIGH today + 200 pts
Did I buy puts -- Yes
made a second FAILED attempt at 3;30pm
AND DROPPING FAST after 3;30
Next update at 8am tomorrow
More Later Jay
6 comments:
Anonymous
said...
Hi Jay,
PREMIUM POINTER
It lists the end-of-day premium, SPX cash to SPX future differential. It’s my belief that the so called “smart money” acts on a decision about the next day, late in the day.
Premium Pointer = the last 31 minutes of progressive divergence above and below an operable Range, during the day session beginning at 3:44 PMEDT.
Basis: Range -3.40 to -3.95, midrange -3.675, low-high 5.19
I have been following you for about 6 months and I am very impressed with your analysis and projections. Today was superb as you hit it right on the nose. I followed your advice using SDS as a vehicle and am sitting with a pretty profit. I just wanted to say "thank you".
6 comments:
Hi Jay,
PREMIUM POINTER
It lists the end-of-day premium, SPX cash to SPX future differential. It’s my belief that the so called “smart money” acts on a decision about the next day, late in the day.
Premium Pointer = the last 31 minutes of progressive divergence above and below an operable Range, during the day session beginning at 3:44 PMEDT.
Basis: Range -3.40 to -3.95, midrange -3.675, low-high 5.19
3:45 -5.19
3:52 -3.20
3:53 -3.18 0.495/5.19 = 9.54%
4:00 -6.59
4:03 -6.80
4:05 -7.85
4:09 -8.17
4:13 -8.37 4.695/5.19 = 90.46%
Overwhelmingly on the side of down, tomorrow.
Coy
HI coy,
thanks for confirming the trend for tomrrow for my blog group
Im sure they were following me the last 2 days and did get short at 3pm
I know that Rick did
the most important thing we bears have to be careful about is not getting whip-sawed on April 2nd
Jay
I just started posting snippets on Twitter
Why not
one liner updates during the day
Jay
Thanks, Jay.
Now I have a reason to join Twitter.
Jay,
I have been following you for about 6 months and I am very impressed with your analysis and projections. Today was superb as you hit it right on the nose. I followed your advice using SDS as a vehicle and am sitting with a pretty profit. I just wanted to say "thank you".
OK TATRADER
GREEAAAT
thats exactly what I like to hear
Pass the word along to some of your friends
ps; I hope your signed in as a follower
thanks
Jay
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