THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Wednesday, June 10, 2009

Chart of Interest

Freds latest chart shows the TRIPLE **TOP **IMO, and support at spx 925, then 920,
both just a spx beat away

previous Gap at 919.40

Im sure they will fight to keep above 925/920, but once that goes, its 875 next

Jay



12 comments:

Anonymous said...

Another great day Jay. Thanks. Keep up the great work.

Kathy

Jay Strauss said...

OK, kathy
glad to hear it
It was good for me too
hmmm
unintended inference [g]

Close was great, and the indexes shows an up open.

typical bear mkt
love em in the AM
pros' selling to
Non professionals buying at highs
______________
Pro's
sell m in the afternoon
Banking profits at higher prices

Tomorrow's cycles
204b@ 10:30
228b @ 12;30
258b@ 3pm
50%/13 day cycle @ 2pm with an hour variance & pivot UP after ward.

SO, we should be able to do the same as today
buy short at open to 9:45
close out positions at 2 to 3pm

Is that too much to ask for?

See yuh tomrrow
Jay

Anonymous said...

Jay,

Thanks! Looking forward to tomorrow and hoping for same...Higher open AM and selling in PM.

Keep up the good work.

pete

Anonymous said...

Thanks jay

sam

Anonymous said...

Jay what does the 204b, 228b etc mean? or for us newbe, we need not worry about it?

sam

Anonymous said...

Jay, are these EST timing u are using

Jay Strauss said...

WOW,
I cant believe some of those ELLIOTT guys are counting last 10 days as a TRIANGLE with an UPSIDE E wave resolution to as high as 970

some Others and Myself see it as a TRIPLE TOP

I suppose If I had NO KNOWLEDGE of natural energy, I would be under the influence of those guys who ONLY KNOW how to look backward at the wave count.

Thats the BUGGABOO of elliott wave counting - What the HECK do they think creates the wave??

**It doesnt happen in a VACUUM**

Jay

Anonymous said...

Thanks jay. this is very intelligent question and comment. who creates the wave?

EW see only the effect but your path seem to lok at a cause above.

of course, there is no end to this cuase-effect cycle.

sam

Anonymous said...

Jay

I am fast becoming more than merely intrigued. After a few months of watching, I am most impressed with your talent, and your willingness to share. You are a mensch!

Jeff

Velvetunderground said...

Wow!

Yes this is intriguing

Jay, can you suggest any good reading to come up to speed with what you are discussing here re cycles, energies etc, or is this your own genius @ work?

On another point -
I subscribe to Elliot Wave Int and I cant understand how we could be in a wave 3 of 3 rally in USD whilst the indexes are going to be rallying as well, doesnt make sense given the correlations which have been so tight, makes more sense what you are saying re triple top.

Thanks

Annette

Jay Strauss said...

Hi Jeff,
are you eyeballs?
_____________________________
Newbe Sam
bar cycles are LOW points during the day
258bar = one cycle
78bars per day
most common lows are at 90-180-258
but sometimes show up elsewhere due to outside influences
For more details YOU need to SCROLL down thru my teachings
and past postings.
________________________

Annette
A dollar rally NEXT week should wreck havoc on stocks and metals
and I hope OIL

_________________________

I hope all of you have registered as a follower
Its great for my ego to see more people at this site.

Jay

Velvetunderground said...

Oil will be decimated, seeing what happened in mid April when the market looked as though it was going to have a reasonable correction - only to end up a one day wonder.
I think from memory it dropped some 20% in a very short time frame.
I am currently sitting on 2 cfd positions waiting for the action to start(short pound & aussie - by the way im also an aussie!)
but its like being on a bucking bronco - do you think they have topped?