THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Monday, February 01, 2010

FEB 2nd - NO DOUBT About it

------------------------------open -------------------------close

POOR OPEN-- mid day reprieve -----poor close

3rd is an 8day LOW
4th is an 8 day TURN

Jay

34 comments:

samamehta said...

Jay, I agree. this could be the ROUGE WAVE DOWN. If we have completed A & B and we are in 3 of C. Lookout. Panic sell is not far away.

Some EW experts have possible counts that we could still be in A or B.

In all cases, next move is down
down no. up no.
1080, 1102-1115
1065 1112
1050 1120
1002 1120 -1150

take your pick or keep an eye on the mkt

7:02 PM

Anonymous said...

I see the correction. But the graph can't tell you amplitude.

What rogue wave?

ARAK said...

Jay,

On Helge's webpage, there is a set of numbers which is what he uses to plot the chart. As per the numbers, the slide is on Wed or after Tue's close.

I'm going by big block buys in ES towards the close. >80% chance we gap up instead of down. Even in the worst conditions, the big block buys opened flat rather than down. My guess is ES 1092-1093 is a possibility either by open or say 10AM tomorrow. ES 1092 to 1066 is about 26 points. If they manage to ramp this tomorrow, ES 1101 or 1108 are also possibilities.

rrman said...

hmmmmmm somethings up....

rrman said...

Sam I think we will see 20 pts maybe 25 come off before morning i doubt it gets much more than that this is a controlled down to get a run to get thru 1085/86 I don't think they will let it get out of control thats why it will be after hours to run the stops when the big sellers are asleep and can't keep the momentum going down...

ARAK said...

Dang .. Looks like Helge corrected the numbers ... it matches the charts now.

AS2009 said...

Arak - what do the numbers say now - very new to this, so not able to interpret Helge's site

Anonymous said...

20-25 pts off by morning?

LOL

Anonymous said...

stop staring at your channel. Da bottom is in. Buy the dips.

rrman said...

uh huh it will be in a few hours for a few days

samamehta said...

rrman 20 points ou mean spx? i doubt, but wlcome

think we see 78-80 --bounce to 89-96, or 1106 then reverse to -1065

20 still plausible by md feb 17 fwiw

Anonymous said...

feb12 high
feb26 low

samamehta said...

I MEANT 920 SPX BY MID FEB 17

Anonymous said...

wow. looks like a GAP-UP in the morning.

Anonymous said...

Is anyone still following jay (who says down today)

Anonymous said...

red dragon leo still long and expecting the big move down next week.

Abundance trader said...

http://timeandcycles.blogspot.com/

Has given 5th feb +/- 1 TD for a turn.

Fits with Jay's Call for today rouge down, tmrw LOW, 4th a TURN up.

Let's see how this plays out

Anonymous said...

Feb8 HIGH

Anonymous said...

will bw up this morning - the opposite of what jay says IMO

Anonymous said...

rogue wave garbage, full sell signals issued after 80 handles come off the market, class A suckers selling the bottoms and buying the tops

gap this morning above 8 sma triggered buy programs
http://www.flickr.com/photos/47091634@N04/4324776469/

Anonymous said...

jay, stand on your head and look at your charts, they might look more accurate then.

Anonymous said...

rrman

where's my e-mail blast.

LOL

rrman said...

:-)

Anonymous said...

I'm SHORT --intraday

Anonymous said...

these two charts were posted yesterday and as EYE see most people are letting their ego run the show and not their EYES

http://www.flickr.com/photos/47091634@N04/4322812711/

http://www.flickr.com/photos/47091634@N04/4322812731/

Anonymous said...

need more info then those 2 charts provide.

youre right but charts don't do justice.

ARAK said...

Guys ... I have been having 80% success rate with gap calls over the last 40 days since I figured out ES action as a lead indicator. If anyone is interested, I'll try posting an update here for those who trade ES.

Reza said...

Arak

That will be great .

Thanks

samamehta said...

thanks arak

Anonymous said...

ARAK, please do.

Anonymous said...

SHORT

Anonymous said...

Arak
good for you. I've already figured out the ES cycles so I can compare our results.

hgw

ARAK said...

Gap down guys

ARAK said...

looks like 1094 and 1092 are possibilities