WE got the BURST open as expected but a lower low at 11am confirms
that this is just a nano contra wave 2 or 4
After 9:45 they slid lower till 11;30 @ 180 bars //down 44 pts dow
We should see another UPLEG or burst later today
could be 1pm or 3 pm, but struggling for sure
I did NOT SELL at open thus Im stuck waiting for the next up leg as indicated
We might not get it, but either way I will be 120% short as of the close
more later
Jay
4 comments:
Back in the US after a month of stay outside. Recovering from the jet lag.
Jay - I waited till today based on your suggestion a month ago.
So, will start pulling the trigger on Monday. Just wondering if we have seen 9th/10th sell-off in the last couple of days. Seller exhaustion seems to be setting in - at least in Financials.
STILL ON TARGET
for Monday & Tuesday
NO BUY signals have been generated
Welcome back
DOW 5900
spx 604
Others agree on my yahoo group
Deterioration in stock prices very obvious
Jay
What is the name of your yahoo group ?
Kind Regards,
Bob
Thanks Jay.
I think you are on mark regarding market weakness.
In any case, I am going to dip the toe on Monday.
Great work. Appreciated.
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