THE FUTURE

THE FUTURE
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Thursday, April 08, 2010

April 8th EKG

Activity index has dropped from its amazing level of 700 on Monday
It was at 400 @ 6am this morning, but now hugging ONLY 133

Europe is off 1% or more

180 bars is at 11am
204bars at 2pm
228 bars at 4pm and or open tomrrow

258 bars at noon Friday

Jay

42 comments:

Joe said...

Reza, Any updates from Mahendra?

Reza said...

Nothing today. I am going to stick to Jay's and Astral posts as well as Rrman's

rrman said...

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

Reza said...

rrman

What does tomorrow's am look like

crissy said...

rrman, you're talking bout €?

rrman said...

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

rrman said...

yeah /6e
from noonish to 2am ish tonight Helge shows down and pretty steep then pretty big up wave until close friday

Abdullah said...

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

crissy said...

Thank you very much

Reza said...

Abdullah,

Not that reliable

Janeva said...

Reza,
Then why post what he says?

Abdullah said...

Janeva - it's good to see what others are saying as well.

Reza said...

Carl Futia is more reliable.

His projections for today 1165-1177

rrman said...

ok went short /6e 1.3352

Reza said...

Jeneva,

His $ calls as well as grains, coffee, etc are great

rrman said...

added to shorts /6e 1.3356

rrman said...

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

Kc135a said...

I have about SPY 118.60 as a short entry. Just waiting.

Jay Strauss said...

There are NO CRASH ENERGIES
until April26th to may 4th

The reason the mkt starts DOWN SLOWLY IS REALLY SIMPLE
Wave 1 & 2 are PREMATURE effects of
FUTURE NEGATIVE energy, but dont have much juice UNTIL we get closer to the exchange of energy which acts more forcibly on our emotions

The first real exchange of that energy is NOT due until April 12&13 which ALSO coincide with
a 44 day cycle low to low from Feb 8th AND previously on October 2nd

It may not be very violent as there is NOT much in the way if energy to cause people to OVER react

Monday does call for a fretful start & worrisome situations
Tuesday's call is for improvments
but more like a day to run errands & make no real progress

Wed call is for an ENERGY SURGE
and should push that into the weekend

Jay

rrman said...

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

rrman said...

yeah Jay I think your right tuesday night might be a great op to go long for a few days

Joe said...

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?

rrman said...

http://www.cyclelt.com/INT.htm
use this to access I watch 1st, 2nd, and 3rd pages the closest

rrman said...

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

RickyBobby said...

I've been trading long all day. Made 7 trades so far. 6 profit 1 loss. Looks like the bottom is in to me.

Kc135a said...

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.

Joe said...

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.

Kc135a said...

if 118.86 holds I am out of my shorts. GS and the Transports will not cave and without them either will the SPX.

Janeva said...

11 am low. Nope
2 pm low. Nope.
4 pm low??? Doubt it.
This stuff does not work consistently.

Kc135a said...

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.

Jay Strauss said...

Janeva

It looks like YOU misunderstand
the use of the 258 bar cycles and its integral parts

the BAR cycle LOWS are PIVOTS or dips, and during an UPTREND they CAN represent only minor dips

Today they were EXACT, but NOT Exagerated - ONLY MINOR DIPS

It all depends what your looking for
and 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 downtrend

They are only a frame of reference
SAME as the daily HOURLY turns
11am - 1pm & 3pm
which sometimes do coincide with each other

Jay

Janeva said...

Jay,
The market has been up all day.
Minor dips are useless.

Joe said...

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.

Reza said...

Jay, rrman any thoughts about tomorrow

rrman said...

down tonight to maybe 1am central then up into the close tomorrow

should be a big up day just depends how much by how much we go down afterhours

Reza said...

So rrman

Mahendra is a joke

RickyBobby said...

up day tomorrow?? yuh I agree.

astralguide said...

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.

rrman said...

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...

Reza said...

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.

rrman said...

I would pay 90 but not 900

rrman said...

http://news.yahoo.com/s/afp/20100408/sc_afp/usastronomyscience