Reza, Any updates from Mahendra?
Nothing today. I am going to stick to Jay's and Astral posts as well as Rrman's
I went long last night still in longs will hold until noonish on Helge's chart he shows noon central to be the high then short looks like we take off all and more of what we put on since the low last night
rrmanWhat does tomorrow's am look like
rrman, you're talking bout €?
out of long 1.3352 think we have more upside until noon but didnt want to chance on this 5" down wave will wait to short around noon 1230 central
yeah /6e from noonish to 2am ish tonight Helge shows down and pretty steep then pretty big up wave until close friday
Reza - I am so far not happy with Mahendra predicitions so far. I have invested in FAZ/TYP based on his recommendations and i am down big. What is your experience with him??? email me please. Thanks
Thank you very much
Abdullah,Not that reliable
Reza, Then why post what he says?
Janeva - it's good to see what others are saying as well.
Carl Futia is more reliable.His projections for today 1165-1177
ok went short /6e 1.3352
Jeneva,His $ calls as well as grains, coffee, etc are great
added to shorts /6e 1.3356
yeah I like his commod calls and dollar calls no one can call the stock market its a joke have to play currencies that can't be as easily manipulated
I have about SPY 118.60 as a short entry. Just waiting.
There are NO CRASH ENERGIES until April26th to may 4thThe reason the mkt starts DOWN SLOWLY IS REALLY SIMPLEWave 1 & 2 are PREMATURE effects ofFUTURE NEGATIVE energy, but dont have much juice UNTIL we get closer to the exchange of energy which acts more forcibly on our emotionsThe first real exchange of that energy is NOT due until April 12&13 which ALSO coincide witha 44 day cycle low to low from Feb 8th AND previously on October 2ndIt may not be very violent as there is NOT much in the way if energy to cause people to OVER reactMonday does call for a fretful start & worrisome situationsTuesday's call is for improvmentsbut more like a day to run errands & make no real progressWed call is for an ENERGY SURGEand should push that into the weekendJay
I think we retrace this move from the low last night to the top of the pop an hour ago so I'm short /6e Euro and just went short /6b Pound I'm trying it look at the hourly chart on /6b it is so predictable a very nice range t trade
yeah Jay I think your right tuesday night might be a great op to go long for a few days
rrman,which chart are you looking at in Helge's page? His website is so confusing. Also, can someone interpret his comment from this page on April 8, 2010:http://www.cyclelt.com/comment.html Is he saying crash later in 2010 or some sharp pullback before reversing next week?
http://www.cyclelt.com/INT.htmuse this to access I watch 1st, 2nd, and 3rd pages the closest
he's saying peak in august then down into last part of year.....he is showing down after lunch today until 2amish then up into close on friday then down monday and tuesday then uptrend wed thru 18th or so which jives with what Jay is saying I believe
I've been trading long all day. Made 7 trades so far. 6 profit 1 loss. Looks like the bottom is in to me.
SPY 118.86 is the line in the sand. If it holds down in a wave 3 or C type move. If it becomes support with price above then to higher highs.
This market just doesnt want to go down despite all the downward cycles. May be after we hit 1200 and 11k, some pullback happens. All cash and on the sideline.
if 118.86 holds I am out of my shorts. GS and the Transports will not cave and without them either will the SPX.
11 am low. Nope2 pm low. Nope.4 pm low??? Doubt it.This stuff does not work consistently.
On a 60 minute chart the SPY is putting in what looks like a 3rd top in the last few days. Typically a sell off follows the third top. That said I will still cover my puts if 118.86 becomes obvious support.
JanevaIt looks like YOU misunderstandthe use of the 258 bar cycles and its integral partsthe BAR cycle LOWS are PIVOTS or dips, and during an UPTREND they CAN represent only minor dipsToday they were EXACT, but NOT Exagerated - ONLY MINOR DIPSIt all depends what your looking forand WHEN they occur.Bar cycles are NOT meant as Extreme DIVE POINTS, but can be used by intraday traders as BUY points- AN exception would be in a strong downtrendThey are only a frame of referenceSAME as the daily HOURLY turns11am - 1pm & 3pmwhich sometimes do coincide with each otherJay
Jay, The market has been up all day. Minor dips are useless.
Janeva,In general I would say cycles arent working for the last month or so - not just Jay's work, but I have seen 3 other independent analysis saying sharp drop to April 13 or at least 5-8% move down. Everybody's work was independent of other. May be we get one mini-crash day like we did in Feb 27 2007 and every prediction gets brownie, but those incidents are once ever year or two. Not betting my house on that.
Jay, rrman any thoughts about tomorrow
down tonight to maybe 1am central then up into the close tomorrowshould be a big up day just depends how much by how much we go down afterhours
So rrman Mahendra is a joke
up day tomorrow?? yuh I agree.
Hey guys. In place of guessing on micro move it is wiser to focus on a larger move. Please know that the next 3 days will form a crucial top and I will post on my blog the best timing for going short in a short while. It is going as per natural process but there is some little anomaly and this may alter 1 or 2 days. Markets will now enter into a slightly corrective mode due many not so great issues. This week all buying has been done by institutionals mostly and retail guys are frozen with shocks or just not getting it.Tonight Asia will open positive but later enter into down mode and Europe will follow.Yet 9th April is another funny day. Given all know that correction is not very far.
Reza he's not a joke i think he is usually good with the trends short term just like us all he hasnt been doing to good...but i think when you read what he says it makes a difference how you trade...i know i really play more on the short side the last few days since reading his letters just in case...
rrman,Makes sense. But why he charge so much $900 per year and wrong about it. Luckily I got it for $90 for one year. Once it expires thats it.
I would pay 90 but not 900
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