According to the bar cycles pivot lows are 156 bars @ open 180 bars @11:30 204bars @2pm 228bars at 4pm
also a 13 day segment at 11;30 which makes 11:30 a suspect for the most prominent low other than 4pm
Jay
46 comments:
Anonymous
said...
In the February Newsletter, I mentioned that the high level of bullish participation was expected to gradually wane starting in February. The extra high percent (85% to 92%) of stocks on the NYSE Composite trading above their 200-day moving averages was not sustainable. Fledgling bulls markets typically display this high range during the first year and then drift lower into a 80% to 50% band in the second year. The NYSE appears to be following the standard path.
Chart 1 shows that the number of up trending stocks moved over 80% in July 2009 and remained above that threshold until just recently. Latest data indicates that the index will be gradually rolling over in February. The lower end of the range (50% to 55%) is the anticipated target.
In the bottom portion of the chart, momentum has also begun to fall and is expected to reach a low by late February to mid-March.
Bottom line: The strong enthusiastic stance that has developed from July to February appears to be coming to an end. The percentage of stocks in an upward trend is now shifting out of the overly bullish 93% to 80% band and into the bullish 80% to 50% range. The drift downward to the lower end of the band (55%-50%) is expected to occur during the next 4-6 weeks.
Investment approach: Equity markets normally follow the same route as the level of participation. This means that as the percentage of stocks trading over their 200-day moving averages declines, so does the short-term trend of the NYSE. Investors may wish to wait until late February to mid-March before adding new positions into their portfolios.
out of es short 1090 and /dx long 79.80 will short this pop before the open I think we are down 15 maybe 20 es points today and the /dx should hit 81 maybe higher
out of shorts for 10 and 10.5pts respectively.i love it when things go according to plan.hoping for a pop in the first half an hour to sell into again.size of the pop should determine how much influence the opening bar cycle is going to have.
cut shorts way to soon..hoping for another bounce to sell.this is wave 3 of c of 4 down now definetely.where will wave 3 end though?? tightening stops on my long to 75.
Maybe this is the action (predictedby jay) of 2 days ago. the more it drops the more I'll be crossing fingers for the rise next week (being predicted by jay)
Jay your chart today looks to be right on target a short on that spike will be a payoff hold until open tomorrow then go long.....Helge shows a spike also at the same time then a waterfall into close a nice spike after close then waterfall into the open http://www.cyclelt.com/INT.htm
Anon said "LONG!!!!!!!!!!!!!!!!!!!!!!!!!" --- Sit on your hands Anon, jay said he was going back to the drawing board, so wait for him to come back with that and an updated chart for the rest of Feb before you run off elsewhere.
Jay may end up no better than the hundreds of others who have tried before him to make money from the astro forces, (all failed) but give him a chance before you run off to the next 'guru' (astral or otherwise)
the fact we're looking at now is a low monday which could be as low as the low 50's and we should then move higher towards new highs again.. a break of 1025 and all bets are off,down we go into the abyss.
Ian is the real deal. He's the master. Jay tries hard. He's just below 50%. But he's free so no complaints for his best effort. Use Jay against your own work. That's about it. Follow Jay or his pony-pall rrman religiously, and you'll get killed.
Jay I think this anon is the same guy thatObama Girl had over on her sight and had to ban him he kept making remarks against her and causing trouble I think he has been on several sites and gotten banned now I guess we have to put up with him over here...
I agree he's probably 50%ish which is as good as I can do. So I'll stick around (I just astral projected myself round to jays place and there's steam coming out of his ears as he frantically works / reworks his methods to give us the astro-holy-grail. :)
Some of you want amplitude and direction plus dates and times too:
just one of those things would be a start, i need all the help I can get (Anybody got a divining crystal or ouija board?)
46 comments:
In the February Newsletter, I mentioned that the high level of bullish participation was expected to gradually wane starting in February. The extra high percent (85% to 92%) of stocks on the NYSE Composite trading above their 200-day moving averages was not sustainable. Fledgling bulls markets typically display this high range during the first year and then drift lower into a 80% to 50% band in the second year. The NYSE appears to be following the standard path.
Chart 1 shows that the number of up trending stocks moved over 80% in July 2009 and remained above that threshold until just recently. Latest data indicates that the index will be gradually rolling over in February. The lower end of the range (50% to 55%) is the anticipated target.
In the bottom portion of the chart, momentum has also begun to fall and is expected to reach a low by late February to mid-March.
Bottom line: The strong enthusiastic stance that has developed from July to February appears to be coming to an end. The percentage of stocks in an upward trend is now shifting out of the overly bullish 93% to 80% band and into the bullish 80% to 50% range. The drift downward to the lower end of the band (55%-50%) is expected to occur during the next 4-6 weeks.
Investment approach: Equity markets normally follow the same route as the level of participation. This means that as the percentage of stocks trading over their 200-day moving averages declines, so does the short-term trend of the NYSE. Investors may wish to wait until late February to mid-March before adding new positions into their portfolios.
Donald W. Dony, FCSI, MFTA
Donald hi i am believe the same,aim believe hard down in 5 weeks may be 12 march a low big and index vix up strong to 100 or more.
Regards.
out of es short 1090 and /dx long 79.80 will short this pop before the open I think we are down 15 maybe 20 es points today and the /dx should hit 81 maybe higher
ok back in long /dx 79.78 only going to play /dx today expect 80/81
down 15-20 es points?
ROTFLMAO
21 HOUR cycle low finishing up early today right on time followed by rally into Friday-Monday.
nancy
out of shorts for 10 and 10.5pts respectively.i love it when things go according to plan.hoping for a pop in the first half an hour to sell into again.size of the pop should determine how much influence the opening bar cycle is going to have.
Getting ready to BUY longs for next 21 hour cycle. This is a very bullish setup, no doubt. At least next day straight up.
N
so many differing opinions -
quite afew bullish ffor today.
Am waiting for jays updated chart for february - he can get the first few days drawn in correctly and prodict from there.
I'm LONG 1080 es
yup me too just bought longs for 10 point spike from here.
x
out of dollar long /dx flat waiting for a dip in the dollar to load up again
good call guys. 3-day cycle is still bullish. I'm loaded up for long after taking 15 point profit short.
bill
wow , what a way to scare them bulls. I'm laughing here as lemmings sell.
x
ok short /dx 78.87
we just finished B wave of ABC. This is what a B wave is supposed to look like . Oh well, I'm buying too.
Rav
hmm down 16 pts ...who was laughing? oh your anon we don't know who you are..
buying for a scalp here 1081.6 cash
with no way of knowing the times, it's hard to know if jays graph for today is accurate or not :)
out of short /dx for small loss will wait for Jay's high of day around noon to go long the /dx
JAY
GET RID OF THESE ANONS. THEY ARE MISLEADING THIS BOARD AND TURNING YOUR BLOG INTO A CIRCUS. i BET THEY NEVER MMEANT A WORD THEY SAID.
CATHY
cut shorts way to soon..hoping for another bounce to sell.this is wave 3 of c of 4 down now definetely.where will wave 3 end though?? tightening stops on my long to 75.
I must put my glasses on - where does jay say high of day around noon?
I saw where jay said a poss low of the day around 11.30
kevin
ugh! nasty one.stopped out for 7pt loss on the long.
haven't seen this kind of action in quite a while
I just made 30 point profit from 2 days ago.
jay - why didn't the planets show this sharp sell off - haha - if only it were that easy we'd all be rich rich rich.
standing aside.
anybody got any tarot cards they might make a better job
Maybe this is the action (predictedby jay) of 2 days ago. the more it drops the more I'll be crossing fingers for the rise next week (being predicted by jay)
Then we will all have to call him Sir Jay.
kevin
flippin a coin would be more accurate than jay recently - down today and Friday towards 1040 then up next week???????
http://lh4.ggpht.com/_3yZMBZVLOQw/S2rdY9_ydsI/AAAAAAAACNg/_pImoH0Ca0M/s1600-h/2010-02-03_2217%5B3%5D.png
LONG!!!!!!!!!!!!!!!!!!!!!!!!!
Jay your chart today looks to be right on target a short on that spike will be a payoff hold until open tomorrow then go long.....Helge shows a spike also at the same time then a waterfall into close a nice spike after close then waterfall into the open
http://www.cyclelt.com/INT.htm
it's over boys. I follow Ian Rajacar's vedic master cycle so I'm holding shorts till February 19 or so.
goodluck
cooter
rrman is one jay's shills.
what a joke.
R U a paper trader or real trader rrman
Anon said "LONG!!!!!!!!!!!!!!!!!!!!!!!!!"
---
Sit on your hands Anon, jay said he was going back to the drawing board, so wait for him to come back with that and an updated chart for the rest of Feb before you run off elsewhere.
Jay may end up no better than the hundreds of others who have tried before him to make money from the astro forces, (all failed) but give him a chance before you run off to the next 'guru' (astral or otherwise)
the fact we're looking at now is a low monday which could be as low as the low 50's and we should then move higher towards new highs again.. a break of 1025 and all bets are off,down we go into the abyss.
kevin
Ian is the real deal. He's the master. Jay tries hard. He's just below 50%. But he's free so no complaints for his best effort. Use Jay against your own work. That's about it. Follow Jay or his pony-pall rrman religiously, and you'll get killed.
If you don't trust Jay then get off the site and go back to xtrends
and if Ian is so hot don't waist your time over here...
atilla and Sol are the BEST!!!!!!
Jay I think this anon is the same guy thatObama Girl had over on her sight and had to ban him he kept making remarks against her and causing trouble I think he has been on several sites and gotten banned now I guess we have to put up with him over here...
internal wave relationship says 1066 could be the bottom point of this move today.if anybodys reading this...
anybody whose Obama's girl needs a good spanking.
Don't worry Jay. Flashfusion has proven equally as inept.
I agree he's probably 50%ish which is as good as I can do. So I'll stick around (I just astral projected myself round to jays place and there's steam coming out of his ears as he frantically works / reworks his methods to give us the astro-holy-grail. :)
Some of you want amplitude and direction plus dates and times too:
just one of those things would be a start, i need all the help I can get (Anybody got a divining crystal or ouija board?)
Simon says 'stuff this for a game - I'm outta here, it's all hogwash anyway'
:)
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