THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, March 01, 2011

Market Timing-Whats Next -March 1st AM report

9:25AM
Energy  @ 9:49am indicates an opening high, and the above SEEMS to indicate it might be the HOD
Jay
PERFECT HIT TODAY
now at the 80% success rate

16 comments:

Reza said...

internals look weak also

worm said...

Jay,
What' the next?
looks like 1 day delay on the chart?

rrman said...

helge says we bounce here at noon central and then up into the end of week

stalion said...

Is it possible the FP for FAZ gets hit this week?

It seems a "higher up" in the Goldman franchise has been hit by the SEC with Insider trading accusations. That rattled Wally Street because Goldman is the Street's "God" and this guy sits on the board of several major corporations. So there was some big panic real quick.

How all that works out is anyone's guess, but right now it's evident that Wall Street just got "scared" of more investigations.

Also, JPMorgan has about 10,000 law suites worth about 4.5 BILLION and counting ... could this be the next Lehm.

stalion said...

rrman - It's probably going to be all about Friday's jobs report. If the game plan is indeed another rug pull, they'll use the jobs report as the excuse. But between now and then, things should be sort of choppy. We are going to get "new money" that flies into the market because it's the first of the month. That's normal. But again there will be some that are looking at Friday's report with some fear and they'll shy away a bit. So we could see the animal spirits stay fairly strong today, but fade Wed/Thur in anticipation of Friday.

Reza said...

GS & JPM only down $1.35 & 80c

stalion said...

Reza - that is the definition of FRAUD by the FED. Lets see what takes place this week. I am still looking for another 3-4% market down.

Reza said...

rrman

Does Helge say the downturn should start the 10th

Reza said...

FPS sp 132.68
Q 57.73
rest of none

Jay Strauss said...

Worm
Yes it looks like Monday & Tues FLIPPED places???
Dont know HOW or Why, but will try to figure it out.
Jay

Reza said...

Looks like it Jay
one day switch

Jay Strauss said...

THE NEXT SELL could COME on Thsday at 11am
Jay

rrman said...

Reza looks like the 7th a high and then 17/18 before any big down to me on helge

Reza said...

rrman

check email

rrman said...

we're back to buying the dips on the
/6e euro out of my long 1.3825 should make new highs this week...I don't trade the market but it looks the same to me...

Jay Strauss said...

Rrman
Ive got the 10th and 18th as Bradley turns, and both of these should be pivot HIGHS
makes the 14-15th as a pivot low turn just as the months energy graph shows
Jay