tag:blogger.com,1999:blog-19117057.post4479026517900862275..comments2023-11-08T05:18:23.108-05:00Comments on Jaywiz Financial Re$ources: General road map for next 6 monthsJay Strausshttp://www.blogger.com/profile/11442169444589843815noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-19117057.post-82622063047613991532010-10-08T11:49:31.154-04:002010-10-08T11:49:31.154-04:00Abdullah
We have to see the trend change which doe...Abdullah<br />We have to see the trend change which doesnt seem to have happened<br />yet.<br /><br />they are still making higher highs and higher lows<br /><br />When it shifts next week to lower highs & lower lows, then we will know there has been a change<br /><br />still waiting for the day top to complete<br /><br />FLUX indicator has been MASSIVE for 4 days in a ROW<br />havent seen that since 2008<br /><br />JayJay Strausshttps://www.blogger.com/profile/11442169444589843815noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-13291905680907665332010-10-08T11:45:01.913-04:002010-10-08T11:45:01.913-04:00As
HOW LONg can they keep it up
Yes SPT was good f...As<br />HOW LONg can they keep it up<br />Yes SPT was good for the bulls<br />and now we are watching for a trend change, which usually takes about 3 days of CHURNING at a TOP<br /><br />Yesterday was day 1<br />today is day 2<br />Mnday day 3<br /> <br />Just because my outlook for SPT failed, doesnt mean it will do so in OCTober<br /><br />MY Congrats to any one who can catch those SHARP intraday turns<br /><br />I know there are some who participate here, but Im still building more shorts at these levels<br /><br />1170 = 9 possible new high today?? or MONDAY at open<br /><br />Dow hit 11k today, but spx under 1064<br /><br />ITs the same way every time we get to points like this.<br /><br />Flash mentioned a turn today, but it might actually hit at open Monday <br /><br />EKG shows lower open and mid day rally exactly like we now see, but also shows late sell off- we'll see if that works out<br /><br />Jay<br />the reading did call for a serious start- better later &<br />so far its right onJay Strausshttps://www.blogger.com/profile/11442169444589843815noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-28843712006692730002010-10-08T11:37:53.967-04:002010-10-08T11:37:53.967-04:00As far as today goes, I think they're going to...As far as today goes, I think they're going to hold the day flat.. it's job one to keep the market looking healthy for the weekend. But.. I'm still concerned that a mini rug pull is coming Monday or Tuesday.stalionhttps://www.blogger.com/profile/07786610040102352976noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-56176236220785116682010-10-08T11:35:39.123-04:002010-10-08T11:35:39.123-04:00AS - how much can you capture in the LONG side??? ...AS - how much can you capture in the LONG side??? 1-3% if that.<br /><br />How much can you capture in the SHORT side??? IMO +30%stalionhttps://www.blogger.com/profile/07786610040102352976noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-43779972658217995152010-10-08T11:33:19.867-04:002010-10-08T11:33:19.867-04:00Jay - We're entering earnings season next week...Jay - We're entering earnings season next week. They won't be bad, but we have seen some high profile "warnings" in the chip sector, in some retail, etc. Could this earnings season spell a short term top? Very possible. <br /> Hence, your week of 18th as a major sell-off.stalionhttps://www.blogger.com/profile/07786610040102352976noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-4167210220594713162010-10-08T10:54:51.083-04:002010-10-08T10:54:51.083-04:00Based on what you just said Jay - why don't we...Based on what you just said Jay - why don't we find good points to go long .... <br /><br />I don't know how many people are making money on this board trying to go short on these cycles that are all moving upAShttps://www.blogger.com/profile/12410246839527277054noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-78266150711678962142010-10-08T10:17:37.229-04:002010-10-08T10:17:37.229-04:00abdullah
power data shows today biased to go lower...abdullah<br />power data shows today biased to go lower.<br />ALSO<br />Shows MONDAY OPEN at 39 hours to OPEN at a HIGH, which if we only get a mildly lower day today, then Monday AM should ATTEMPT to hit the HIGHS {1163} one more time.<br />BUt the day STILL has potential<br />to recover any mid day lows<br />____________<br />Tuesday 12th<br />ONE MORE TIME - damn, they just wont give it up yet. BUT this time there should be NO recovery<br /><br />THEN the 13th & 14th should offer a more negative bias<br /><br /><br />Major sell off NOT DUE till after 18th, but we should see the market SLIDING into it after Tuesday's open<br /><br />15th gets a POWER BOOST<br /><br />BEAR action is SO RARE, that we really have to be cautious as to when it has stronger potential<br /><br />JayJay Strausshttps://www.blogger.com/profile/11442169444589843815noreply@blogger.comtag:blogger.com,1999:blog-19117057.post-17141898982086978202010-10-08T08:38:50.714-04:002010-10-08T08:38:50.714-04:00S&P 500 before opening bell<a href="http://niftychartsandpatterns.blogspot.com/2010/10/s-500-futures-before-opening-bell_08.html" rel="nofollow">S&P 500 before opening bell</a>Sanhttps://www.blogger.com/profile/14560526783105546906noreply@blogger.com