Monday, May 03, 2010

May 2010 Energy


Joe said...

I am confused here - isnt this week still supposed to be heavily down?

Daneric is a 1st grade idiot or sucker as perma-money losing trader would be called (and so is that Kenny idiot) - if anyone had followed anyone of his wave count, they would have been swept and drowned. I think anytime he calls a 3 of 3 of 3 of 3 of 3 of 3 is starting down, you can go long with 110% certainty for a short term trade.

Janeva said...

I'm with ya. I thought we were supposed to be down HARD until May 6th.

Kc135a said...

I have up today, flat Tuesday, slightly down Wednesday, and a big big drop on Thursday.

Looking to short with options late Tuesday, add on Wednesday based on confirmation of the above pattern, and a partial or full cover late Thursday.

rachael said...

Give up jay
your methods are hopeless -
May will be no more accurate than your other forecasts.

find something you are good at

RickyBobby said...


sirgiyan said...

You guys are funny.
Joe, I suppose you have no reason to call Daneric and/or Kenny idiots unless you were dumb enough to follow their advice/research and loose. If that was the case - trust me among Daneric, Kenny and you there was ONE idiot who caused that trouble and that is not them.

Same applies for this blog. Unprofessional idiots are very easy to identify by the way they call idiots other people in business. Professionals never do so - so get lost, you losers.

Joe said...

Looks like someone who lost their ass following 3 of 3 of 3 of 3 down coming after me (buzz off little fella - im not short, net neutral for last 3 weeks)- Once again, I like Jay's work. Think its unique - but using Daneric's perma-bearish charts as an addendum to his work just brings down the quality of Jay's effort.
Oh yes Daneric is still an idiot (and so is Prechter and rest of the P3 idiot wave callers) missing out 80%+ rally waiting for P3 to 200-300 in SPX.

sirgiyan said...

Well, I do my thing but I do look at Daneric, etc, from time to time. And I see no point in calling them idiots

sirgiyan said...

And besides why would I defend anybody if his advice has caused me loss?

Joe said...

From wikipedia:
"Idiot" - "person so mentally deficient as to be incapable of ordinary reasoning"

I am sorry, but anyone calling for DOW 1000 and SPX 200-300 because of some squiggly lines on the chart falls in that category. Period.

sirgiyan said...

You didn't convince me, Joe. Sorry.
BTW I do believe that this would end up in a deflationary bust, so SPX 300 might come. As for the timing - I doubt if those who always read it right are wasting their time on any forum or blog.

Abdullah said...

Dow is up over 165 points on nothing but negatives...both domestically and internationally.

Europe is in shambles, our entire Gulf of Mexico northern coastline is on the brink ecological breakdown, the government stimulus programs that have been jacking up numbers like the GDP are coming to an end, foreclosures continue to rise, home construction is down even before the homebuyer credit has expired, and the market is breaking out????

Folks, you will never witness a complete scam of this nature and magnitude again in your lifetimes.

Jay Strauss said...

HI Abdullah
this nutty market has a mind of its own and should continue to baffle us until mid July

It has been noted to expect a PUETZ crash from 7/22 to 8/1, 2010

That follows AFTER the June 26th & July 10th Bradley dates- most of which have been highs