THE FUTURE

THE FUTURE
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Sunday, March 07, 2010

Bearish Graphs



Kenny's statement

CRASH to BEGIN with NO WARNING

IMO,
March 2010 = April 2000

Jay

26 comments:

hannahzzz said...

Thanks for putting your thoughts out there for us all, Jay.

Ravi said...

Do you mean Feb 5, 2010 = April 10, 2000?

That would be something

Ravi said...

Sept 1, 2000; may be a better comparison when spx threatened March 24, 2000 hi.(1530.01 vs 1553.11

April 14, 2000 with 1339.40 low was more like February 5, 2010.

Let us see

Jay Strauss said...

thanks Ravi - good to hear from you.

Im just looking at
Jan 14, 2000 High Like Jan 19
March 5- 2010 High like Mar2000

April 2000 looks like what we might expect for March 2010

Crazy or NOT ??
SPX on March 6th, 2009 = 666
RUT on March 5 th, 2010 = 666

One at bottom,
second one at TOP
?????????

Ravi,
My graph shows a LOW on APRIL 1st
2nd is good friday-mkt closed

Spt 2000 was an SPX high, but Im referring to April2000, mainly because I have a rebound possible of EQUAL strength the follwing 3 months which could possibly take the spx to 1200, but thats for later

Jay

Jay Strauss said...

Hannah
Its more like research
Jay

Jay Strauss said...

Ravi
ARe you looking at those current dates as a potential LOW??

Jay

Jay Strauss said...

Ravi
take a look at IANS blog
-link from my main page
He has all the dates aligned
Jay

Reza said...

Jay,

If this is any help to you and others.

http://cobrasmarketview.blogspot.com/2010/02/important-highs-and-lows-calendar.html

Thanks

snoopy said...

lucky6--So Jay--a reboud high to 1200--Iknow you don't like to put numbers out--but you did--Ha--so what is your guess for the break to 1 April???

Bill Johnson said...

About 666....

Date of Oct07 High + 666 Bars = March 19

Bill

after8 said...

any swing trader shorting these levels WILL be in profit within 2 weeks regardless of drawdown imo.not a lot of use but just remembering not to get too carried away with upside.this week should have some fake moves also,if we head straight down from the open here,its likely a ruse for me and ill cover shorts in the afternoon.if we go up it could be the trip up to previous highs,so shorts need to allow breathin space.should be an interesting 5 days i hope.

Jay Strauss said...

Hi Snoopy,
thanks for joining in

When I mentioned spx 1200, it was not meant as a GOSPEL OR prediction

but there is a fibo level
at 62% of the 900 pts lost in 2008/2009
from 1575 to 666
900 x 62% = 560 + 666 = 1226

So its ONLY a fibo projection

NOW< IF you remember
I reminded us many times of the time & price convergence on Jan 19th
55% in time
55% in price

HOW LOW IS LOW for APRIL-1st??
Why do I need to project that if anyone is going to HANG me out to dry if we dont get to it??

On April 1st THERE will be MANY
calling for an immediate CRASH

JUST LIKE NOW
DONT FOLLOW THE CROWD NOW
and repeat that warning on April 1st.

April 1st- reading
PEOPLE LACK LOGIC & Reasoning

Jay

Jay Strauss said...

Bill
If a bar = a day then something doesnt fit

From july19,2007 the dow first touched 14k + 666 = March 11th, 2010

I cant find a convergence of TIME for 666 that has any meaning, or I should say at least none that has any meaning to me.

I have a spread sheet for Tech data that goes back 7 years or more

Jay

Jay Strauss said...

Bot more TZA at MARKET Guru
at 9:45am
Jay

Y said...

SHORT THE CPAP OUT OF THIS MARKET BOYS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

AS said...

Jay - what is this Marketguru ? How do we see it ?

AS2009

Jay Strauss said...

www.marketguru.com/jaywiz

You can set up your own trading account and converse with MANY traders who are ranked by the owners of the site.

Jay

rrman said...

looks like we had the lod on the euro at 1100 it should go up into 8 or 9 pm tonight then BIG wave down into the Europe opening looks like tomorrow will be up but gap down at open....most of the nice action this week will be afterhours I went flat out of my longs abt 11 will wait until tonight to go short...

rrman said...

oops got out of my longs about 5am this is part of my new strategy to only trade the Euro in afterhours as when I examine my trades I tend to make a lot of money afterhours and give a lot of it back during trading hours...so I will see how this works.

Reza said...

thanks rrman for your posting.

Please post so we can follow. I am short as Jay's chart

rrman said...

Yeah its good if you are trading equities and can't trade the afterhours its best to be short

Cementzak said...

i also see downside for the next couple of weeks. it will be followed by a very strong rally that will top somewhere in June/July and will be followed by a long & slow meltdown

rrman said...

out of short /6e at 1.3572 now long
/6e think we go up all day then down at the close all night into the open tomorrow ....wed will gap down just like today then be up all day

rrman said...

1132.50 ish on the /es but i'm not trading it

Jay Strauss said...

Hi Cementzak
Great outlook
Agree 100%
Jay

Kc135a said...

FWIW I have about SPY 105 for the end of the month and then back up to the 112's for both April and May.

My major concern short term is the potential propping of the markets until the Health Care bill if voted on. When you see the ES up and then the next day cash relatively flat you know something is not quite right.