tag:blogger.com,1999:blog-19117057.post1615756307685350137..comments2023-11-08T05:18:23.108-05:00Comments on Jaywiz Financial Re$ources: Market Timing-Whats Next -May 13th Missing reportJay Strausshttp://www.blogger.com/profile/11442169444589843815noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-19117057.post-72063751024631338092011-05-15T17:18:11.197-04:002011-05-15T17:18:11.197-04:00I ahve June 13 as the cycle top with a range of cy...I ahve June 13 as the cycle top with a range of cycles in process now ................chart shown!joed<br /><br />http://traderjoed.blogspot.com/joedhttps://www.blogger.com/profile/11431570805275310899noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-11467849146730131362011-05-15T15:59:34.842-04:002011-05-15T15:59:34.842-04:00Ooops
Ignore my TSX 21 day cycle low.
That cycle...Ooops<br /><br />Ignore my TSX 21 day cycle low.<br /><br />That cycle needs my proprietary confirmation as all my cycles do but that one in particular because it's very elastic.RickyBobbyhttps://www.blogger.com/profile/13471297355600205294noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-44024818338628791522011-05-15T15:35:46.555-04:002011-05-15T15:35:46.555-04:00@honolulu
My work concurs.
OEX -- May20
Phimate ...@honolulu<br /><br />My work concurs.<br /><br />OEX -- May20<br />Phimate date --May19 +/-<br />Spiral date -- May18 +/-<br />Gann day -- May19 +/-<br />TSX 11 day cycle low -- May20 +/-<br />TSX 21 day cycle low --May18 +/-<br />Full moon week --May17 <br /><br />Major bottom at end of June +/-RickyBobbyhttps://www.blogger.com/profile/13471297355600205294noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-12539712595115594922011-05-15T15:07:36.684-04:002011-05-15T15:07:36.684-04:00jay .. I am with you on the decline..but 1st a suc...jay .. I am with you on the decline..but 1st a sucker rally on Monday.. then down 2-3 dayshonolulu beachhttps://www.blogger.com/profile/17691489038967462585noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-45118356101695956212011-05-15T14:48:58.642-04:002011-05-15T14:48:58.642-04:00I'm looking for Monday to start going up early...I'm looking for Monday to start going up early and maybe all of Monday.RickyBobbyhttps://www.blogger.com/profile/13471297355600205294noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-38706152824580454242011-05-15T13:06:37.727-04:002011-05-15T13:06:37.727-04:00check out mike's charts at chertsedge.com.
oh...check out mike's charts at chertsedge.com.<br /><br />oh no!RickyBobbyhttps://www.blogger.com/profile/13471297355600205294noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-57040372841041543042011-05-15T13:02:28.043-04:002011-05-15T13:02:28.043-04:00Full moon due Tuesday May17th at
7:00a.m.Full moon due Tuesday May17th at<br />7:00a.m.Klaatuhttps://www.blogger.com/profile/07243785162159762942noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-52677468872066346762011-05-15T12:12:51.522-04:002011-05-15T12:12:51.522-04:00In a technical sense.. this isn't good for the...In a technical sense.. this isn't good for the bulls. <br /><br />Nine trading sessions ago, we hit a brick wall at 12,800 after a spectacular rise from 12,200 in mid April. Since then we pulled down to 12,595 and bounced, then back down to 12,600 and tried to bounce and when it was all said and done, we ended the week at 12,595 again. That makes 3 closes under the 18 day and the 10 day moving averages.<br /><br />But again, this is the "POMO" schedule for the next few days. <br /><br />May 16, 1-2 billion<br />May 17, 5-7 billion<br />May 18, 1.5 - 2.5 billion<br />May 19, 1.5 - 2.5 billion<br />May 20, 6 - 8 billion<br />May 23, 6 - 8 billion<br /><br />That is the problem when trying to make a determination about market direction. We are no longer just observing normal patterns of supply and demand. We now have the "hidden hand" to worry about. Billions of dollars created out of thin air, that can and does move the market, save the market, and stall off plunges. <br /><br />For 15 years, I could call tops, pullbacks, bounces, etc with a darned high degree of accuracy. But this last year has been hard. I see the technical patterns line up for a pull back. I see the sector flows, the buying and selling pressures. I would figure a pull back is in the cards. We sell out, take our profits. The market stalls, starts to fall and then "Blammo!" out of the clear blue, and on absolutely dismal volume, the market recovers and shoots higher. <br /><br />I'm looking at a chart of the DOW right now. It's telling me more downside is to come. Yet I almost don't believe it. I've seen this movie before and for the last two years it never ends right. The FED rides in and saves the day, no matter how ugly things look. Frankly I have no real reason to believe they won't do it again. <br /><br />I'm going to look at it like this.. if we put in a close under 12,580..that would be the lowest closing price in 12 sessions, and could finally lead to a hefty drop out. ON the other hand a close over 12,720 would exceed the last couple highs, and probably signals a move back up of some extent. <br /><br />This is all I have left: VXX, FAZ, BGZ, ELTP, BSGC. <br /><br />I will jump into silver when I see $20/oz and Gold $980/oz, other than that NO THANKS.stalionhttps://www.blogger.com/profile/07786610040102352976noreply@blogger.com