THE FUTURE

THE FUTURE
SCIENCE DOES IT BETTER

Friday, November 13, 2009

NOV 13th -2009

NOT an infamous day by any means but it has had its moments- especially my BD in 1943 [g]

THE above CHART is from ALPHAHORN, and imo is right on target
with only a minor variation which I mentioned on my comments at his blog

An 8day high & turn has occurred
trin 5 hit 3,89 and arms 5 hit 77.5- BOTH issuing a short term SELL signal

I posted several occurrances of this past year in which the dow lost
300 to 600 points on similar sell TECH signals

POWER INDEX and PROPENS index are both showing LOWS today
futures are higher, but its only 8:15
A 10am high could be expected given the Consumer Confid report at 9;55am
IF os, then the rest of the day should head lower

GAME PLAN
Sell the 10am high
close out shorts at 4pm

Monday should then OPEN higher
and ALSO sell off leading to a LOWER
open on Tuesday at the 13 day cycle pivot

Monday is
a new moon
90 July 10 low
248 Nov 20 low = 31 segments of 8 days
the reading for the day - DEAL with $$ issues

Tuesday is
91 days july10 = the 13 day pivot at 10;30am
248 days NOV 21st
the reading for today - upbeat & we get the green light

more later
Jay




41 comments:

Coy said...

Happy Birthday!!

Jay Strauss said...

Thanks Coy

It will be if the mkt behaves as expected

Jay

Jay Strauss said...

just a note

yesterday's activity index started the day at 133, and ended at 66

This AM has been up to 100 after being at 66 & 33 all night

NOW at 66 at 9am

which shows that any rally will be very short lived with or with consumer index

Propens index has come down from 3009 on the 10th to 2980 as of TODAYS CLOSE

It does show a potential higher open with a small bounce to 2986
but the close is at 2980

Jay

spratman said...

Happy b'day Jay!

Best to you!

Anonymous said...

happy B'day Jay

x

Jeff said...

Happy Birthday Jay

Reza said...

Happy Birthday!!

Jay Strauss said...

THANKS everyone
for the BDay wishes
Jay

Anonymous said...

WOOOOOOOOOOHOOOOOOOOOOOOOOO!!!!

x

Anonymous said...

My profits from my QUADRUPLED longs I took yesterday before the close I will parlay into puts today.

Check my post yesterday and please give a daytrader his due...he may be down but he is never out till fat lady gives him his money.

x

spratman said...

x,

Your trade may very well work out for some profits and I hope they do! What price or time zone are you looking at to swap out for some profits. Myself, I'm looking at around 1093-1096 and preferably toward the end of the day.

Anonymous said...

spratman.

I currently have a 7 point profit on my 4x Long position from yesterday's close and growing. My previous position that went negative yesterday is breakeven and will be postive as we speak.

woooooooooohoooooooooo!

x

Jay Strauss said...

X
good work
WE should all take a lesson
obviously your trading skills are excellent

BUt you really need to practice your people skills

And we are really glad to read that your are planning to get short

does that mean you dont expect a rally Monday AM?

We've had UP opens every day this week

we are overdue for 2 down opens

Jay

Anonymous said...

Long fas $76.55. Double bottom forming there on intraday. Looks like we retrace and close green...good for at least a daytrade imo



s

Anonymous said...

Jay

no need to flatter me. LOL.

do I expect a monday rally?

I want to get positioned before Monday and if Monday starts out with a rally then I'll add more.

I've already taken most of my profits and I want to see what the rest of the day looks like.


x

Anonymous said...

Happy Birthday JAY!
Thanks for your help!
I enjoy your blog!

Anonymous said...

Selloff looks done here. Good point to scale long for at least a retrace.


ty

Anonymous said...

s, ty

i agree.

still have some longs i'll let run.

x

Jay Strauss said...

OK, X
I get the picture
Jay

Coy said...

I hope these times are correct. No guarantee.

High 12:45

Low 15:12

rrman said...

Lower high in short at will?

http://tickerforum.org/cgi-ticker/akcs-www?getimagenr=51916

Anonymous said...

Flash just posted this
MKT: Call just came down; SIMON is in preflight chk; will be airborne at 3 AM on 11/16;
What does this mean?

Anonymous said...

So Simon says they boost the futures up on Monday early morning.

That could be. The market hasn't tanked yet and technical everything still looks bullish.

mark

Anonymous said...

Get ready for a boost in the market real soon !

tlc

Coy said...

What? We're not going to show China we're serious about the dollar early next week?

That would be foolish. Obama needs to show proof while he's there.

Otherwise we'll get our due, always leaving the foreign invester to hold the bag, subprime an example.

Anonymous said...

This market is setting the stage for


MELTDOWN

after one more small rally perhaps?

Sally

UK Trader said...

Agree -

SPX 9 handle soon

http://www.youtube.com/watch?v=XhR1MuXfv_0

Anonymous said...

Coy

nice call on the low. for 15:12

x

Uk Trader said...

http://www.youtube.com/watch?v=pqMuyI_9wuI

Anonymous said...

Looks like we get that Rally Monday morning and Flash's Simon also sees it too.

tlc

samamehta said...

Happy birthday Jay.

here from FLASH:

MKT: Call just came down; SIMON is in preflight chk; will be airborne at 3 AM on 11/16; http://bit.ly/3m3nGM
about 3 hours ago from web

time to go long at close. or sunday PM

Anonymous said...

Samamehta

Hard to go against the Flash.

Simon knows his chit.

Mark

Anonymous said...

Samamehta

Does Flash think the DOW is going to 14000 in 2010??

mar

Coy said...

Is it Treasury Bonds to lift off?

samamehta said...

yup. FLASH three high days are panning out nice. so far 2 out of 3. 11/16 will tell the story. I think his target is 10440, whihc he termed as kid's play.

samamehta said...

Jay's today plan is working well

Here from FLASH:
MKT: Dow is testing 10,220 weekly rt. now.; we will know if we are going to 10,470 very-very soon; SIMON says !
11:20 AM Nov 12th from web

it looks like we weill close above 10,220 today.

samamehta said...

Mar: more from Flash:
@ARAK0 Thks for asking; SIMON says don't be afraid of the BEAR in 2010 cause the DOW's 14K could be child's play; more later
6:55 PM Nov 11th from web in reply to ARAK0

Anonymous said...

Samamehta

thanks

mark

Coy said...

New SPX Resistance: 1094.34

Anonymous said...

Market might gap up 10+ points on Monday,

yikes

ppt

samamehta said...

FLASH:
@samamehta closed DOW 10,200+ & 10,220+; 10,470 in play now; this may not happen in 1 shot but shall see; OEX next wk. tricks in play
25 minutes ago from web in reply to samamehta