THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, June 02, 2009

The Mortgage Mess


Heres another chart of interest

it shows the next mortgage debacle coinciding with the
Kondratief lows at the end of 2011, early 2012

Jay

7 comments:

Ravi said...

That chart actually shows 2nd peak of resets in August '10. The first peak was in November '07 a month after DJI ATH. By early 2012, it is behind us.

Ravi

Jay Strauss said...

Ravi
IN reference to THE STOCK market
I dont care about mortgages, only how it relates to trading

Late 2008 - early 2009 BIG SLIDE
BIG SLIDE next due late 2011
and 2012 FLAT

Jay

Anonymous said...

jay you wrote you are waiting for a serious drop between 10-17 june............are you often right with time ? I' ve got 5 june. What is your time projection based on ?

stefano said...

sorry i didn' post my name in the comment...........I' m stefano

Anonymous said...

Great call for today Jay. thanks

sam

Jay Strauss said...

M Stefano
thanks & welcome

You must have been reading my mind
REad the latest UPdate

Hope you registered as a follower

YES, I do make Mistakes, and my systems are not perfect, but IMO, and some of my oldest readers, better than most out there, and Ive read many.

most are written with TOO much explanation- we need to know how smart they are so when their analysis goes wrong, they can still say they had beautiful charts, graphs, and long winded explanations
After all they are getting paid for something

It takes then 5 to 6 pages to get to the point- and they they hedge

Again
Welcome
sorry about running away with words.
Jay

Reza said...

Jay

just a thought : Monday 8 should actually lift the market as GM and Citi will be replaced by more expensive ticks.

http://www.mercurynews.com/breakingnews/ci_12495985?nclick_check=1