Yes the mkt is headed lower
yes there will be gyrations
BUT we need to be able to make $$ on the above
Yesterday's high at 2:55 at 810spx hit the high note BUT where is the low note ?
Im better at WHEN
Im still looking at April 8th for the next TRADEABLE low note, but we will update as we go
for NOW
I still have April 2nd at NOON for a near term low point, and whip saw UP till 3pm {most likely} on the same day
Believe it or not, my POWER index shows a collapse right after and a lower low on the MORNING of April 3rd.
Not sure how Im going to play that scenario, but will keep updating as we go
I dont like to get whipped around like that- I need to have control.
AND - Its hard to wrap your brain around trading that kind of day,
so I might consider closing out shorts on the close today
rather than wait for noon on the 2nd??????
KEEP THIS In MIND for April 2nd - IT IS POSSIBLE for a higher open, which makes the noon low, NOT a lower low
but only a dip within a rebound to that 3pm high;
can they actually duplicate the 3pm high again ??- it sure can - maybe 2;45 this time- but im just guessing
Also check Twitter during the day for ONE LINE snippet UPDATES
More Later
Jay
5 comments:
jay,
tried viewing your comments on twitter - never used it before but just registered - what name or contact can i see your comments at?
thanks
jeff
love your blog !!
Jaywiz10534
just scroll down the active posters
there are only a few but they are prolific
too much time on their hands
Jay
Please enlighten a newbie
I registered a Twitter account and then I search for Jaywiz10534 but find nothing ?
Regards,
Alfa
Why do we need twitter? Furget it
Having problems with Twitter too. Guess I'm with the last poster. Why??? Just another site or link to maintain as I see it.
Post a Comment