Multiple choice map

My road map this week has shown multiple choices, thus the confusion

I hope and think I have eliminated the ones with the worst directions

If that is so, then the one that has proven best did show a rally yesterday.

Today does show a down daywith a gap open; DUH, thats obvious given the futures.
Tomorrow also shows a rebound

The road map doesnt have any data for Monday and Tuesday, YET, so its not confirming my previous outlook for a mjor hit, but when IT does, I will post it.

best wishes
Yes, even for the disatisfied customer
Jay

Thursday & friday

Thursday still looks like a high at 11:37am

I should have stayed with the original forecast for WEd was UP

The DOW lost 800 pts
62% rebound = 13,696
Might hit that tomorrow at 11:37 AM

todays low point for the day hit exactly at 204 bars at 3pm

Tomorrow has 60 bars at 1:45pm

Friday hits 90 at 9:45
Hits 126 at 12:45

Solar effect was confusing and inconsistent for WEd.

Tomorrow SEEMS more consistent, but friday has a some mixed read, but it should end lower
It didnt look that way at first but seem to be right now.

Once the high is in, they should start to reatreat in a big way, maybe even on fridya, especially at the close

Best Wishes
And that goes for the dis-satisfied customer also
Jay

Day to Day ???

Wednesday NOW looks LIKE it should be a down day all day.

Thoorsday looks like Up till 11:37, then down

Friday should de a down day

The BIG event looks like Monday Aug 13, and Tuesday August 14th.

Best Wishes
Jay

Getting ready

There is an Aug 15th CYCLE LOW due which should effect the market on the
13th and 14th in a big way- DOWN of course.

Rebounds always follow
but it might be somewhat short lived thru the 17th

the 23rd to 28th might also have some negative energy taking the dow lower then.

Jay

Mixed week

as indicated, today, Tuesday is mostly lower
there was a 60 bar hit at the open
90 bars hits at noon
126 bars hits at 3pm

WEd should be mixed with an upward bias

Thursday could start up, but should reverse and head lower by day's end

Friday should be the reverse of Thurs
Start down or flat and close up

Best wishes
Jay

ONE DAY WONDER

Tuesday should reverse direction and be off all day

Wed = flat with UP bias

Thursday should TOP off and head lower after 11:37am

Friday = flat

Best wishes
including the dis- satisfied client
Jay

SWAMI Says

Up thru at least mid Tuesday

best wishes
Jay

Important UPDATE

New data has come to my attention

A market LOW should occur on Tuesday at 3 PM
there is a 204 bar hit at that time

Mars Squaring Saturn at 8pm should have a dampenning effect on human nature all day thus exacerbating the fall off.

an 8% drop from 14K = 12,888

A key tip off that a TOP was at hand can be seen in numerology.
1 PLUS 4= #5---- the NUMBER 5 MEANS CHANGE

A july 31 LOW should be a great BUY Point

31st -the day outlook calls for FLEXIBILITY- Ive mentioned that b4 and its being posted again.

Best Wishes
Jay

NEXT WEEK

theres ONE heckler in the crowd- so be it.

Check out CHARTS EDGE - way off the mark- at least im projecting down days

Several sources indicate continuation of the DOWN TREND till WED.

SOme other predictions for AUG 15th LOW, MAY NOT BE CORRECT.
in fact it may turn in a high, but more on that later

Best Wishes
Jay

BAR count

Yesterday's low was on the 180 bar hit,. but today has a 204 bar hit at 11am and could keep the dow under water till then, or IF a rebound at the go, then at least a dip at 11am

Today's energy shows the market straight up from the go, but it may not happen that way.

Monday and Tuesday should continue the take away.

Best wishes
Jay

Short term LOW

All the DATA Points to an UP day tomorrow - oversold rally only

CBOE ratio = 1.53
gravitational low was due today
Lunar low was due today

SPX 500 PC ratio = 3.88 = extremely bullish
Vix 20.74

Monday and Tuesday are expected to be take away days back to back, but if there are any changes, i will post it.
180 bars hit at 2:30 today
Tomorrow has a 204 bars at 11am, but the effect might be muted, and a low off the BURST start

Best wishes
Jay

STILL Upward bound

Today was MIXED but ended up;
But you didnt need me to tell you that

BUT it ended UP, and thats what my projection stated

Tomorrow should START down but end UP.

Friday should be UP

Next week promisses another take away
Best wishes
Jay

Time to Rally

Not much more to write than that

best wishes
Jay

And then there was

Tomorrow looks like a TAKE AWAY day

Mars and Neptune square off at 7pm, and the effect is apt ro last all day;

Netpune is illusionary, and mars is HARSH reality and warlike
WHom do you think will win tomrrow.

Confusion is the watchword.

Also got 204 bars htitting at 1:30

30 bars hits at the close and 90 at 2:30 on WED.
Best Wishes
Jay

IM baaack, Maybe

Im back to work also after 3 years part time, so I might not be able to post as frequently
I had been recovering from 2 spine surgeries

Whats That ? thats a good thing you say, HAHAHA , you may be right about that.

The NEXt 2 days should be explosive on the UPSIDE

One of the best tools I have has both number values under 400 and that usually indicates its time to jump. Those #s are based on 5 day ave ADV/DECL and VOL ratios.

Should hold up for a least till WED

Charts edge last week was %#%@%^*

Best Wishes
Jay

Was out of touch

I was NOT in touch with stocks last week and the information I provided could not be updated as needed.

If I had been online, I would have spotted the rally continuation as the data clearly shows it before it happened, but I was NOT able to report it to you.

Yeh, I know, making excuses again- well, believe what you want

Next week IS indicated to be biased lower thru the 19th so far, but THIS week I will keep up with any adjustments.
Best Wishes
Jay

HAVE YOU NOTICED

The LAST 2 weeks projections have been very accurate

RECAP
June25th turned in a HIGH at noon which was originally thougth to be a LOW, but was recognized as a HIGH which led to a 150pt OPENNING dive on WEd the 27th. The timing of which was indicated well in advance. as was the LOW of friday afternoon at 3:35pm

The following week was indicated IN ADVANCE to rally on July 2nd & 3rd - AND we got it.
July 5th was indicated to be weak. and the 6th to attempt new highs- EXACTLY as projected.

OK, lets keep up the good work, you say. No, YOU demand it ??

Next week is indicated as follows:
9th should be biased UP
10th should be FLAT
11th is indicated UP, but should not last all day.
12th & 13th are indicated DOWN days.
New moon on 14th
Friday the 13th has NOTHING To do with STOCKS

Happy 4th of July

Today's close as at 126 bars and as witnessed, the dow did drop off into 1pm.

Thursday shold follow a similar path and be quite a mixed day, but biased up till 4pm where 204 bars hits home.

Thursday also has some OTHER events working against it- so NO new highs are expected.

However, Friday the 6th should be the stronger of the 2 days, and the dow could make attempts at new highs.

I will be away the following week, and may not have access to a computer.
Best Wishes
Jay

217 POINTS

90 up and 106 down
Got the 3:35 LOW about 10 minutes early but right on an aspect

So now we should expect the rally on Monday and Tuesday

Robert Minor's report of last month indicated a possilbe 25 yr peak between June8 & July8.

If anything, I think it might come a little later. Late August has some potential to sink, but not to the extent he was indicating. Most techs are looking at October, of course.
I really think any serious decline will NOT occur till late 2008, and even then it might come from a higher level.
If you copied the chart I posted in May, it showed the dow making higher highs all the way to 2010 with some minor set backs late in 2007, 2008, and 2009. NOt shown is a potential disastererous market 2011-2012.
2012 is the culmination of the Kondratief wave, a 55-60 year LOW to LOW cycle
Its also well known as the END of the Myan calendar

All one needs to do is look at the long term chart of the dow.
ALL low points - 1932-1942-1952-1962-1974-1982-1992-2002- 2012
Doesnt take a genius to see the pattern- DONT ignore it.

best wishes
Jay

No Changes

Only one adjustment-

the DOW got down to 13,205 INTRADAY on the 8th and again on the 27th

that could be tomorrow's target close.

Thats 217 dow pts DOWN

Tough to wait all week for a good BUY signal, but its out there

Use it to your fullest advantage

Best Wishes
Jay

Possible targets

Yesterday's OPEN LOW hit 13,270 which is 158 pts lower then the close

If today does NOT take out that 158 pts, then the low of Friday would most likely be 13,270.

IF today DOES take out 158 pts and closes at or below 13,270, then the Friday 3:45pm target could be as low as 13K.

Could lead to a 300 pt rally on July 2nd and 3rd.

best wishes
Jay

180 bars hit at open

180 bars hit the open, and no one got drunk sorry, had to stick that in.

However, CHARST edge once again = DEAD wrong
maybe DEAD wrong about tomorrow and we get a complete reversal??

thats what the solar charts show- there is a gap UP shown fromt he 27th
there is also a GAP down shown for the 28th.

Until proven wrong , I'm still sticking with a lower low on the 29th at 3:45pm
BW
Jay
HUGE rebound rally on July 3rd- CATCH this one.

Astro Finance

Is NOT voodoo

However, One cannot expect the SAME results from a current configuration as a previous one BECAUSE the participants are setup with DIFFERENT parameters.

However, TODAY hit the HIGH right on the Saturn/neptune INFLUENCE

AND hit the LOW on 90 BARS

TOMORROW's influence has 126 bars at 11:45 AM, and could trade Up AGAIn till late in the day

WEd has 180 bar hit right at 9:45AM
204 hit at 11:45 am
Even with those hits -- UNLIKE charts edge, the SOLAR/Magnetic influence for WED seems to be biased UP, but personally I doubt it will mean much.

1460 SPX has been posted by some technical analsyst as important, and if so, then dow 13K is a match. Looking for a tradeable low at 3:45 PM on Friday

I would venture to guess that the IPHONE sales over this weekend will be more than robust, and that NEWS will only support the hype for next week's rally.

Best Wishes
Jay

Some minor adjustments

Some of my associates are now also looking at the 29th for a short term low

A closer look at the SOLAR effects brings my attention to the following
Monday -Today has some MIXED influences, but should be biased lower, but that MIX is pushing them UP 75pts at 10:30AM- Saturn opposite Neptune can be as ILLUSIONARY as it is
DIS-ILLUSIONARY- SO today it might just be ILLUSIONARY UnTIL noon

126 bars hits tomrrow at 11:45am and the solar effects seem biased lower also.

charts edge shows WED off big, but From what i See it might be opposite- remains to be seen?

28th has 126 bars at 3:45 pm and 29th do appear to be biased lower both days. 204 bars hits on Friday at 3:45 PM

Week after + BIG REBOUND

Best Wishes
Jay

Headed LOWER

I hope I didn't lose too many of you the past few months

Let me Know if your all still here

Monday should make a low around NOON, and maybe again around 3:15.
Noon has a neg influence AND 60 bars

Tuesday should also make a low around noon also = 126 bars

Wed shuld be mostly an UP day but 11:45 = 204 bars - could be the low of the day.

Thursday should be DOWN all day - 126 bars at 3:45

Friday should make a low b4 noon and again at 204 bars @ 3:45.
Reading says to be FLEXIBLE, which has alway indicated a CHANGE in trend.

Expect a huge rebound next week of July 4th.
best wishes
Jay

Is the ICE BROKEN ?

Today's action may have cracked the ICE

1539 spx was not taken out on this weeks high tide.

Elliott wave may have just seen a 5th wave failure??? remains to be seen

Charts edge had NO clue on the weekly chart. But the Monthly chart did indicate a high arond the 15th to 18th, and subsequent decline which is about to occur.

There is ONE more rally day probable tomorrow - flat on friday, then then good old Casey lowers the boom. This seems to be corroborated by the solar effects also.

I missed today's decline as it wasnt clearly shown on the 3 to 4 day chart, but is very clear on the 7day. I will pay more attention to that graph from now on.

I am looking at the Morning of the 29th to provide the NEXT IMPORTANT trade, and it should be a LOW. There is a 68-70 hour hit on or about NOON on the 29th. This follows a cluster of hard influences on the 28th.

Most important will be What occurs on Monday which has the same influences as Feb 27th.

best wishes
Jay

ARE we THERE YET ?

I had proposed certain parameters recently and lets look at them again

Many techs are looking for 1555/1560, there Y2K all time SPX high

I had at one time or more mentioned that the SPX was targeting the old high for a major stopping point.----------That might occur this week on or about WEd OR Thursday.

From here thats only 20 spx points = about dow @ 160- 200pts

Dow 13,800 is a match for SPX 1560 and that level could be attained in the next few days.

From there, a substantial drop off could be anticipated the week of June 25th to 28th.
This is a repeat of a previous projection

As always
Best wishes

Jay

When TO Go Fishing

most of us fishermen know the best time to fish is when the tide is rising and directly at high tide.

Does that work for stock trading?? many people have tried to match it up, but ??

I was a bit premature last week. The A/D and Vol on Wed was 4/1 and 8/1 which almost automatically indicates follow thru the next day, but of course not always.

IN the same way
Friday's PC ratios are not bearish, but that ALSO does not preclude Monday from having a negative day. A strong DOWN day would then add to BULLISH ratios making my anaylsis for a continuation of the rally into June 22nd even more a reality.

Best Wishes
Jay

Bradley date June 14th

As most of you are aware, the Bradley indicator represents a psychological turn point.

Since we appear to be rebounding into that date, it would suggest a very critical turn date is happenning TODAY- June 14th.


I noted the decline of 380 pts, and rebound of fibo 38.3% = 145
Also note GANN rebound of 50% or 190 pts which could finish this AM
Its also possbile but, IMO, unlikely this time to get to the 61.8% or 78.6% levels.

PPI was a little higher than expected and took a little steam out of the futures as of 9am.
CPI could revive uncertainty about interest rates

today's reading is to secure long range $$
tomorrow calls for a sluggish day, and the solar effect looks like a possible attempt in the AM to run up, but failure to hold should lead to late selling.

and Again: Monday June 18th appears in my work to have the potential for panic selling.
Best Wishes
Jay

When to go SHORT ???

As I previously mentioned, the market is setting up for a PANIC type day on June18th where there is a harmonic cluster of hard influences. 126 bars extends to 11am on the 19th.

Bradley date of June 14th looks NOW like it should be a high, but June 4th appears to have been the ALL TIME NEW HIGH for this year. June 14th or 15th should offer a very important TURN date.

So how do we play this week??
We are OFF 380 points from the high to yesterday
13,676-13,295 = 380
380 X 38.2 % = 145 pts
13,295 + 145 = 13,440 which was YESTERDAYs intraday high

So far today, they've been UP 104, and now giving some back into the NOON hour and 30 bars.
There is ONE reading this week for improving $$ and so far it would appear its TODAY, and MAYBE topping it off tomorrow at the OPEN. IF it works out that way, I will be shorting using the DXD.

Solar effects appear to indicate a higher market on the 15th into the close, but Ive got conflicting evidence that leads me to see Friday as a SLUGGISH day.

It wont matter much if I get to buy at the market rebound high, even if it closes on its highs on Friday. + 145 should be the MAX pain. So when that occurs, Im in.

BW
Jay

Slip Sliding Away

That Bradley high posted for June14th doesnt look like it will provide as promissed.

In fact Monday, as we all know fizzled out as did Tuesday

SO whats next??

Sell any rally and Im expecting the market to conrinue to slip lower thru the OPENNING on Tuesday June19th.

Solar readings seem to indicate continued selling
PC ratios are NOW more bearish even after today
Readings call for tension with $4 tomorrow

Other readings call for improving $ conditions Thursday afternoon
The question becomes HOW low will they get b4 improving?? seems limited

NDX seems to be holding up better than the Dow, or not selling off to the same degree.
That could change??

last weeks Charts Edge was exact opposite, and so far this week doing just about as bad.
they do show a high on or about the 22nd, and I'M in agreement with that date and subsequent drop.
BW
Jay

Poly Science commentary

I dont often speak my mind in public but,

TODAY's paper- The Pope is concerned ONLY about Christians in the mideast, HMMM
What about all the other sects of people getting killed there, yes even terrorists who blow themselves up. NOW, Im NOT a bleading heart, but some one of that stature speaks up and opens pandora's box- What happened last year when Muslins rioted against his comments- Im suprised they are not doing the same thing NOW.

Watching late night Cable and listenening to Johnathon Alter talk about his book.
In 1936, the ECONOMY stunk, but FDR made us feel good about the future when he got down to the level of the common people like all of us. He spoke to us as his friends, not his loyal subjects.

NOw we have just the opposite- A good or decent economy for many years, but a pres who says do what I say, and stay out of my way. They wave at us from a distance just like a king or queen, or even a dictator. Remember how Sadam held his hand out to his people- what was that supposed to signify?

MORE
MY OPINION for what its worth
The only person who emulates FDR is some ways is Juliani, and has the experience to show he can rise to occasion- remembering 911.
Mrs Clinton seems aloof and not getting to the people in the same was as FDR. or maybe thats just the way FOX tv shows her- I dont know why I watch that channel- they are soooo onesided.
Hillary with Bill stand an equal chance of making it happen.- If they get Obama to run as
VP, then they'v got it.

BW
Jay

Posts not getting published

I dont know WHY, but my post of June 6th did NOT get published, no matter what I do to try to move it along

Good follow thru on Monday,

Tug of war on Tuesday

Continue higher on 13 and 14th, the BRADLEY HIGH of the year

OFf on Friday and Monday the 18th.

SOOO, NOW- that IVe had a great week, no one seems to be disgruntled,
but no one is complementing me either.
Charts edge had EXACT opposite for the week-- DID all of you let him know how bad his work was this week?? He should have left well enuf alone instead of changing methods.- IT didnt work??

BW
Jay

JUNE 4th high

June 4th was mentioned a number of times in May as a potential turning point high
AND THATS THE WAY IT WAS - paraphrase Walter Chroncite

latest call is for a June 8th turning point LOW in the AM.

Today was a very remarkable day
- 93.5% volume
-90.57 % Adv/ Decl
ARMS index 13.99
Vix jumped 2.19 to 17.06
gold - 11.50
259 bars hit at 2pm
new cycle 30 bars hits at 10am
statistical Lunar cycle low hit on schedule - thanks COY
Solar cycle on track for low tomorrow AM
BIG RALLY on Monday- will make everyone forget today

Internals complete turn around
ARMS 5 day = 362 outrageous buy signal
trin 5 = 1813 DITTO
TRIn 10 =2289 DITTO

Next 10 days should make a trading high on 22nd
BW
Jay

UPDATE

With Eurpoe lower and futures indicating a gap lower, there doesnt seem to be much of a chance for an up day today.

Updated solar info also indicates a possible GAP lower today.

I still getting accustomed to reading the new signals
Cant go out too far in time- I tried going out 7 days, but thats too far out- 3 days seems best.

Still got Friday AM for a tradeable LOW

Next move after Friday thru the 22nd is biased UP.

BW
Jay

Warning signs have ben posted

Chinese investors want in no matter what- Sounds like property flippers

In the longer run, they are going to be right, but for this year, the probability of higher returns looks limited.

Tomrrow, however, has the potential to be an UP day

Like I said, this week should trade with a bias to go lower, but it wont be anything dramatic.
BW
Jay

Saistafctory

So far the latest data has been proven satisfactory, at least to me.

Next 2 days should sell off some- Nothing dramatic.

A Turning point low should occur on Friday AM.

Best Wishes
Jay

Bar cycle hits

The 204 bar cycle hit a little early at 199 bars by my count at 1pm, instead ot 1;30pm but still just as effective.

Monday's high should hit in the 11am hour

The 126 bar cycle hits on Tuesday at 11 am

In between, we might look for 90 bars at 2:30pm Monday

Solar effects so far seem to be a leading indicator giving me some insight up to about 3 days.
Reminds my of the movie NEXT where he had the ability to see ahead for 2 minutes.

Hope This keeps on working. I correlated it for the month of May and so far I am satisfied with the results. Only noticed it last week so I don't have much history to back test it.

PC ratios still indicating a higher market, but sometimes they only refer to the first part of the day or even just the open. That's why I look at those ratios as they update on the CBOE every 30 minutes. Its interesting that they usually stay consistent for the whole day- IN other words- if they open bullish, they stay bullish and vise / versa.

As always
Best Wishes
Jay

ITS Friday

Im testing some new data which we will see if it helps daily projections

today's open spurt HIGH might not hold all day, but I dont think it will turn into heavy selling.
Employment report-- What nonsense, however, those reports do correspond to market action as the WAVE progresses.

The energy pattern I have looked at shows a SPIKE up and then moderating during the day

Similar pattern for Monday and then some selling on Tuesday and Wed

Yesterday's 126 bar hit was exact at 1:30pm. Today has 204 bars at 1:30pm.

Its amazing that what I would call a normal rythm of 259 bars turns into 126, and 204= 329 during times of market stress, similar to an irregular heartbeat.

SO, maybe it will become easier to spot potential stressful time zones once a 126 bar cycle first hits
This is just a thought right now, but if any of you have another idea, let me know.

Best wishes
Jay

THE BULL

The Bull should show more strength into Monday AM before turning back for a couple days

PC ratios indicate a higher market tomrrow plus other evidence leads me to think that way also.

Last day and first day of month syndrome usually are up days

Some charts are showing the market on a bull run thru 2010- which supports my previous announcement that the dow shold get to 18,000 by 2010 or possibly higher. Gold could also go parabolic in 2009. Does that mean the demise of the $$$---?????

Best Wishes
Jay

Higher highs still coming

NO, I havent turned into a raging bull, but you cant stop a freight train with your words

However, we should see dow 38,300 coniciding with spx 1555 most likely by Monday

As written b4, a couple days off on June 5&6

A 25 year TOP might form up bewtween June 14 and 22nd.

One group of ratios that have been very consistently bullish are the DAILY PC ratios on the CBOE, SPX, and OEX. Which basically means as long as there is DOUBT, the markets will move up against it.

With that noted, we should look for the first signs of a TOP with the publication of GOOD NEWS in some of the major newspapers, reflecting NO FEAR. - a contrary indicator. Ackowledging the BULL by the MEDIA does indicate the general public has taken notice.

And NOW that the DOW has climbed to outrageous highs, THEY WANT TO GET IN.- buy at any price, just like housing- it doesnt matter what we pay for it, we can FLIP it overnite for a quick PROfit.
WORKS in reverse at bottoms- they cant wait to get out.-sell at any price.

GREED AND FEAR in action
Greed is fear of losing out on a good thing
Fear is fear of losing more.

As Always,
Best Wishes
Jay

Highs are coming

204 bars mid day low hit right at 2pm

The NEXT peak is DUE about noon on Monday, June 4th

After a couple days off, the rally should resume to June 14th.

June 13/14 is the Bradley change date and might be the high of the year, if not then June 22nd is another candidate.
Still got my radar screen targetted for June 25 to 29th for a strong setback
Best Wishes
Jay

Whats Next?

Always hard to pinpoint exact stock movement;

Today is starting lower and the readings I have gotten confirm that

Yesterday got a low at 2pm right at 126 bars or a close out of hte 329 bar cycle

That indicates the next low at 204 bars or 2pm today. THEN 126 bars tomorrow at 1:30 friday.

That could be a short term swing low into a Monday high
Best wishes
Jay

PC ratios

PC ratios are much too high to allow any setback today, unless they use up the oversold volume in the first hour.

Cboe PC raio = 1.20 bullish
OEX pc ratio = 1.06 neutral
SPX 500 ratio = 4.83 VERY BULLISH

And this is AFTER option week.
Best Wishes
Jay

259 bar cycle

Yesterday showed a 180 bar low at 1pm and 204 bar low at 3 pm

Today's market should start to recede after 10:53am

Either the 25th or 29th should provide a trading low
Im leaning toward the 29th and a HUGE rebound on the 31st, a FULL MOON- actually its a BLUE moon as we had 2 fulll moons this month.

259 bars at 12:30 pm today might act as a trigger for a decline today.
Next cycle = 30 bars at 3pm

Mclellan Oscilator has been reported at -100 & shows DISTRIBUTION is going on- This action is FOUND at TOPS

Internals showing weaker market daily, and that scenario can last for weeks. Internals prior to Feb 27th showed me EXTREME weakness and I reported it the WEEK BEFORE. I will do the same for June 25th.

All that is required for a very sharp retreat is some kind of trigger.
Feb 27th had NO outside influence- NO international event- NO economic event.

June 25th has the same hidden influence that occured on FEb 27th, and that would suggest a horrific decline on the 25th and continuing all that week

This week should settle back some and have at least a one day decline of 2% to 3 %

Best Wishes
Jay

cycle Update

cycles suggest a CHANGE today about MID DAY
And biased lower all week.

Jay

Major trends

Robert Minor made public a report last week that could have some merit.
Claims we are approaching a 25 year cycle TOP this June to July
1932+ 25 = 1957+ 25 = 1982 + 25 = 2007
using math and Elliott wave, he has those conclusions.

Heres some interesting numbers
Dow in Aug 1982 was a low of 780
780 x 2 = 1560 which could become the SPX high in June
If 1560 is the high, then the dow at 8X the spx should make it to 13,800

When waves crash on shore, they break about 100 yards from shore. As they approach shore, they become smaller until they trickle on the sand. The market is built the same way. heres an example
DATE---- DOW------ARMS---A/ D ratio-- Vol ratio---Arms 5--Trin 5---Trin 10
4/25---13105---102-----844------1112-----76.6----3.83-----79.8
5/7----13313----75-------806------1116---78.2-----3.91------85.5
5/9----13363----82------641------790-----83.6- ----4.18-----90.6
5/18-13556-- 58------511-------784------70.8-----3.54------91.5

each DOW wave higher is acompanied with less strength.

If june 14th does produce the 25 yr top, we can then expect lower lows till later in the year, and after an interim rebound thru may of2008, the next major LOW turning point could come in Nov of 2008.

The GOOD news is that BIZ on the street should IMPROVE dramatically as the market falls.
WHY does it work that WAY?? Some would say the market looks 6 months to one yr ahead. SO if that is COMMON thinking, then the next 6 months to one yr should offer much better economics for retail, autos, etc. Hopefully the CYCLE peak would simultaneously occur for OIL as well.

Best Wishes
Jay

Whats NEXT ?

Next weeks influence on WED May 10th is indicating a CHANGE, unexpected events, a genuine SHAKE UP.

Exactly what that means is anybody's guess, but it does spell out a REAL change in direction is going to hit stocks on MAY 10th.

That event should continue to trouble stocks till at least the 18th, where there is a harmonic cluster of hard influences that wkend.

After the 18th, obviously we should see NEGATIVE sentiment thru the roof. ENUF so to provide a powerful rebound.

AS previously mentioned, the Bradley date of June 14th is shown on the charts as a high, and I really wont dispute that position , but theres June8th that needs to be reconciled first, and I dont think june 8th will be a high.

SO, will June 14th be a rebound high within a DECLINING market? thats something we will be watching for. June 25th has the same influence that HIT FEB 27th, and the outlook is about the same or worse.

Summary
May 10 watch your step to May 14th LOW
May 18 possibly lower after brief rebound mid week.
June 4th rebound high
June 14th LOW
june 22nd rebound high
june 25th LOOK OUT BELOW
best wishes
Jay

Stock Market dis-associated with REALITY

In 1992, I was involved with mortgages as the LOWER interest rates were allowing us to refi many
8 to 12 % mortgages down to as low as 4% for variables.
What the did is put Billions back into the hands of homeowners and consumers- THEY SPENT AND INVESTED and the BOOM market of the 90's exploded till Yr 2000. The INFLATED house prices then took over after the 2002 low and provided the Fuel for the current bull trend.

NOW we have JUST the opposite, but its not coming from low interest rates. HIGH GAS prices , homeowner Insurance and taxes is GOING to CHOKE this market once REALITY hits it. When ??? YOU ask- Wait- I will consult my crystal ball- OOOPS, its broken (G) Sorry, but I couldnt resist.

The consumer is aleady biting the bullet and it can be seen in Auto sales and general retail sales.
Actually retail sales have been declining for 3 years.

So, what is the market doing?? Ignoring the obvious?? maybe so??
The STOCK market is making up for lost time- Real estate prices went thru the roof from 2002 to 2006, and the Neptune opposition to Saturn put a STOP on that run. Whatever was INFLATED has begun to DEFLATE.
Since STOCKS are continuing to rise, it appears they are NOT inflated in relation to real estate.So where is the TOP ??, and WHEN ?? you ask.

Ive mentioned it b4, Jan 2010 and dow 18,000 is my time and price target.
Now that the cats out of the bag,

BUT thats a long way off, and we need to deal with next week.\

Monday SHOULD start with a WHOLLAP and be off at least 100 pts in the AM.
but should recover to top off the tank on Tuesday.

WEd to Monday May 14th in the AM should take away a good portion of the last 2 weeks gains, maybe back to the 12,900 level. but thats only a guess. Pinpoint the lower channel line.

Best Wishes
Jay

Where have ALL the BULLS gone?

The Next 2 days might look like the bulls got LOCKED up in the bull pen.

The BRADLEY date of May 4th or 6th is always plus or minus and IF today turns out to be the intrady print high, then we should consider May 3rd as the actual date. ONLY time will show us the real turn date.

that highly positive influence is sandwiched among heavy duty negatives. That energy generated may have already played itself out.

May 7th and 8th Have the POTENTIAL to make the bears cry again. BUY Any gains might be short lived as the next 10 days after and thru the 18th are wrot with potholes.

Occasionally, in giant bull markets like this one, the bears do take control for a brief period of time, and I think we will see that AFTER the 8th.
Best Wishes
Jay

STill Moving UP

For NOW, there are many who are waiting for what we all know is coming;
Its not a matter of IF, but WHEN

Many of my associates and other analysts have all been reading possible tops, but the market just doesnt want to listen.

Not much is going to change until AFTER May 5th, which is just around the corner
There is a strong positive influence on Saturday which has appeared a few times during this market run from 2002 lows.

The bradley date is also this wkend and It is showing on the charts as a low, but thats NOT going to be the case. It could represent a serious turning point as there are some stronger negative influences appearing next week, especially on the 10th

The 8th also has some positive influences but they occur after market closing, so they might not be as strong as they look on paper.

If the JUNE 24th Bradley date inverts, as did the May6th date , then that date "COULD" provide a more serious low point.
BEST WISHES
Jay

UH OH

I know I sound like the person who cried WOLF once too many times

BUT

a blow off 5th wave may have just occurred this week.
Whats that mean? You ask

Simple
Monday, the real market has the potential to show its nasty fangs

could look like Niagra falls - get real you say. WELL its REAL on Monday,and many of you wont like it, unless your prepared.

Monday and Tuesday have the potential for #*^#*#*(~

Rebound on 2nd to May 8th, and then down again to 16/18th.

Thats as far as we really need to project for now.

PS;
My Ebay gold jewelry items are selling way below wholesale, and I am in the process of shipping one to Italy as I write- Yeh , I know, I cant do 2 things at once- Well I do multi task ALL the time.

Best wishes
Jay

OUT ON A LIMB

YES, Im going out on a limb right NOW

The MARKET has the POTENTIAL to make an (outside day) tomrrow- I think thats what they call it.
A lower intraday high and lower closing low
In other words - TOMRROW has the potential to make a COMPLETE and serious REVERSAL

The 5 day ARMS = 76.6
the 5 day trin = 383
the 10 day trin = 798
I have to go back to Jan 14- 2003 to get anything as severe and the dow fell 800 pts in 12 days.


As always
Best wishes
Jay

PS, I have some exquisite 14k and 18 k gold and diamond jwlry items for sale on Ebay
I am getting a solid response from the sale so far.
They are estate items selling well below wholsale
On Ebay- use "advanced search"
Use the key word =GOLD
AND
Type in my user name where it asks for seller info= Jaywiz10534
then hit search
there are 10 items on display

Tech or voodoo

Just in case you need a frame of reference for the trading indexes I mentioned yesterday

Heres TECH info that IVE been tracking for 10 yrs DAILY

How many of you keep DAILY records?

I record the DOW- SPX- Arms index- 5 day arms- ADv Decl ratio - vol ratio- 5day trin- 10 day trin

DATE- DOW --ADV/DECL ratio-- vol ratio-- 5 day arms ---5 day trin-- 10 day trin
April 20 12961----- 664----- 730----88----- 440---- 863
FEb 20 12786 ----865-------1072 --90------450-----1024
5- 10, 06- 11642- 731------ 856----91------ 455----- 971
Aug 19, 02 8991- 818--- 1527--- 80 ------400---- 970

NOw the LOWS for CONTRAST
Oct 12, 05 10217 --336---- 34-- 144------ 724---- 1173
3/10/03 7568------ 391--- 417--- 242 ----1210--- 1765
10/9/02 7286----- 341---- 244--- 151----- 757----- 1534

You can EASILY see the differences
The effects of exhuastion can be immediate or delayed a few days.
Im counting Feb 20 as the MOMENTUM high or wave3 top
Feb 27to Mar5th = Wave 4
4th waves can be very vlolent as we witnessed
April20 = PRICE top of a 5th wave

best wishes
Jay

April 20th

April 20th = BRADLEY high

the technical INTERNALS are SCREAMING SELL

10 day TRIN is at 8.83 and has been near that level for 5 days in a row

5 day trin is at 4.25 and has been ther for 10 days in a row

those are outrageous sell signals

I had written back in March and ealry April to look for a high on the 20th.

Next we should see a short term low on May 1st.

But a more important low is due on May 16 to 18

Best Wishes
Jay

Secondary High

READ back to MARCH 31st

I reported APRIL to make a HIGH going into APRIL17th.
Many of you questioned me about that projection as some of the most astute market analysts were calling for a debacle on or b4 April16.

WELL its NOW here and we are attempting to hold onto new 5yr highs.

Its Possible , a tripple top might be forming this week.

Ive been shown a graph of April1966 which emulates our current market- shows a dramatic dip starting April20 to May 16
Also look at APRIL2000 as there was a very sharp retreat, now at the 7 yr cycle
Also at the 70 yr cycle

IF not APRIL 16 ,as had been suggested by OTHERS, I have mentioned, I think, to look for severity from April20 to May16. IF I did not make that projection b4, then ITS HERE NOW>

Heres the dates to watch
April16- hi
April 18- lo
Apr 20 -HI
Apr 27 -Lo
May 8 -hi
May 17- lo

Just speculating ??
This scenario might play out as WAVE 1 DOWN in an ABC bear market trend thru Nov 2008.
SO MAY 16th would be labelled "A" , and after a rebound into Mar- April2008 = Wv "B"
Then Nov 2008 = Wv "C'
Then, for future reference, FROM THERE , IT could be OFF to DOW 17,000 by Jan 2010
DONT LAUGH at that- I was one of the only ones projecting dow 4000 back in 1982.
Best wishes
Jay

THANKS

I do appreciate those comments, even those who are upset that its not going the way we projected.

HOWEVER ,WE are getting close to the next peak.

Next week as previously mentioned has the Bradley date of April 20 as a big turn date, and long term cycles do indicate a sell off the last week of April.

ALSO this does seem to be typical action AFTER options expiration which do come late this month on the 20th.

It never ceases to amaze me how the dow has a magnet on 78.6% retracments, which takes it back to 12,525.
SPX is above its 78.6% and might attempt or FAIL to make a new high at 1460 which would be a great non confirmation.

Read recently that Margin debt in Feb reached an all time high above Jan 2000. - another bearish indicator . Anyone got a recent report, just let us know.

Nasdaq also attempting to break above the 2525, and a failure would add to the NONCONFIRMS.

One other analyst mentioned he would not be surprised to see a sharply lower open Monday, but IMO, I doubt it will stay down just yet.

There is still a potential for either Tuesday or Wed to drop off as they typically do in options week, and then come roaring back into the last 2 days up to the 20th.
The NEW moon is indicating a CHANGE

ONCE more, the BEST Shorting opp should turn out to be on the 20th, and ending on the 27th.

best wishes
Jay

Self Defeating activity

Attmepting to predict daily market action is definitely a self defeating activity.

However, they will continue to make lower highs and lower lows.

Long term cycles predict some heavy selling in late April.

just as I wrote b4, the current trend is generally up till the 20th- BUT they will continue to CHEW up bulls and bear alike. THe bulls will NOT give up easily, and they are still somewhat in control.

The 16th is 55 Calendar days from FEb 20, and should be a short term high.
There is potential for a sharp sell off right after on either the 17th or 18th.

If you think My projections are sometimes wrong, You should read some of the others who SWORE April19th would be a major disaster. There are still some insisting the market is going much higher in the next 2 months-
YOU NEVER READ THAT HERE

As always
best wishes
JAY

Dont expect PERFECTION

Tuesday's reading was best suited for WED
As MY HEADING indicates, it is almost impossible to read the market DAY BY DAY
BTW, Bruce, THIS IS NOT VOODOO nor tea leaves.
NOW thats out of the way, I make NO excuses for minor errors.

SOOO____ WHATS NEXT?

DOWN to FRiday at 3:30
There is a 259 bar hit at 3:30 and gravity effect indicating a low .

FEB 27th was ONLY the FIRST crack in the DAM

THERE IS LOTS more still COMING

THE BEST SHORTING OPP will be on FEB 17th and or 20th.
18th reading indicates LOSS OF MONEY

The MOST MONEY this month will be made on a short position from April20 to April27
BRADLEY turn date is April20.

LONG term cycles indicate a MAJOR shift ocurred on FEB 22/23rd.
And was first manifested on Feb 27th.

BEST WISHES
JAY

Market STRUGGLING

#1. There are opposing energy forces which is restricting todays upward thrust.
New information has come to light which shows this restriction.
The gravitational and planetary forces are positive against this other force + we are now at 34 trade days from FEB20.
REMINDER - April16 is 55 Calendar days from FEB20., and the next day is a new moon, and 13 trade days from March 28th.

#2. As mentioned , The PC ratios last Friday are very LOW which is bearish, which tends to keep buying somewhat limited.

Any gains today will probably be taken away tomrrow, but WED has the potential to move higher again. ITS really hard to say if it will be a higher high.- no way to know.

WE'll see today if 180 bars at 1.30pm or 204 bars at 3.30pm have the greatest effect.
But that does leave tomorrow with 259 bars at 1.30pm along with a negative influence at 2pm.
that SHOULD be the low point of the day.

Also as mentioned b4, we do expect strong selling on Thursday and Friday

AS always
best wishes
Jay

Misleading signals

I really should have picked up on that March 30/ April2nd low, but I was mislead into expecting more. Others had indicated that pivot point.

The signals are not misleading, ITS just how you read them.

Monday at 2;30 was the low at the 126 bar cycle hit, and should have been bot.
Lets not get off the track because of prior errors- WE cant expect One person to be right 100% of the time.

SO, WHATS next?/ OK, Lets explore

TODAY, the PC ratios are REALLY screaming SELL, but the actuall sell should wait for next week and or Wednesday and its really NOT much of a sell. a better sell signal should hit on the 20th. The volume and lack of vloitilty shows most are already on their wkend holiday.

I dont expect ANY bad news this wkend, NO Iran attack, and NO big market moving employment report.

SO, AM i still looking for a big move up on MONDAY? YES, I AM.
Monday, we have a combination of gravitational and planetary influences indicating a final push higher.
That rally high should linger for a couple days before giving in to some selling on Thursday and Friday April 13 and 14.

A BETTER sell OPP should come in the WEEK AFTER the 20th, which is the BRADLEY high.
As always,
Best wishes
Jay

WHERE's THAT ELUSIVE bottom

March 28 = 13 trade days from March 9th and 26 tr days from Feb 20, a short term low was hit.
ELLIOTT WAVE "A"

Next 2 days = a VERY weak rebound
ELLIOTT WVE "B' , I think
Today's reading was perfect= INDECISION, as previously mentioned

Whats NEXT ? Should be EllIOTT WAVE "C"
MY timing suggests APRIL4th for the LOW

What does that mean?
ELLIOTT wave "C" suggest a VERY hard hit
It should be OBVIOUS on MONDAY- Tuesday and WED with NO reprieve until Thursday and of course the market is closed on Good Friday.
Unlike my previous outllook for Tuesday, it has 180 bars at 12:30 and 204 bars at 2:30
And the pressure should NOT let up.

Apirl 4th = 18 tr days from March 9th.
The 4th has a negative influence at 2:16pm, 259 bars at noon, and 30 bars at 3pm, which , IMO, would be THE TIMES TO CLOSE OUT ALL MY PUT positions. take your pic.

I seem to be in the minority as there are many analysts indicating April as a severe market month, and for the most part, I am forecasting the opposite. My timing shows that May10 to may 20 should be where that severity hits.

As most of you already know, My work indicates a huge rebound Starting on April9th and ending on April 17th new moon to April 20th which is the Bradley date.
SO- simply stated
IF we do get a decline Next week as suggested, then BUY on the 5th, and get buckled in for the moon shot.

The 5th reading calls for an OK start- mid day drop, and OK finish
As always
Best Wishes
Jay

looking for that ALLUSIVE bottom

I really dont think we have found it yet;
Sure we are OVERSOLD, and can stay that way until the WAVE finishes its work

Lets look at the wave count
Got an "A" wave down to spx 1374 and DOW 12.050
Got a B wave REBOUND to 1437 and 12,481- Both little higher than FIBO

NOW we have really got to expect a "C" wave to at least the previous low or even lower.
Then the QUESTION is WHEN?

Yesterday marked 13 days and we stalled, but didnt bottom, maybe?
THE LOW of today HIT exactly at 2;30 and 60 bars- thats really incredible accuracy.

TOmoorw, we have a 90 bar hit at 10:30, and a symmetry cycle hit at 11:40.
Well we know that the 90 bar cycle has to be a low, thus the 11:40 has got to be a high and it should drop from there.

Then what about Monday? good question.
Monday is a full MOON and the magnetic energy is HIGH meaning a pressure day, and it continues into Tuesday until 150 bars at 10AM. There are also some accompanying negative influences as well.
TYPICALLY when we get a strong Monday DOWN we get spill over into a TYPICAL turn around Tuesday in thw first hour.

OK , Jay what happened to UP days on the first day of the new month ?
THE forecasted magnetic energy CHANGED this week- Got to realize those numbers that go out 45 days are only forecasts, and until we get much closer to the actual date, those values can change drastically . Even the Gravitational forces which peak tonight can have varying effects.
NOTHING is precise - excpet the market of course.

We mentioned the 4th and 5th as rough days, but also said they dont have the high pressure of the 2nd and 3rd, so even if the market lingers, there shouldnt be any more damage. Of course it becomes a really good place to get long and that hasnt changed.

Some one pointed out that DEBKA frequently prints exagerations, so an attack on Iran is probably highly unlikely- but the WORLD powers should keep up the pressure and cut off $$.
Best Wishes,
Jay

IT gets TRICKY NOW

PC ratios are up there, but is that enuf to turn them tomorrow?

Debka reported we are planning to hit Iran nuke sites on April6th- I think we've heard this b4, and its always during the Navy's show of strength in the Pesian Gulf.
IT matters NOT to the market if it happens or NOT, the 9th will still be explosive UP.

The 78 hr cycle can stretch to 86 hrs and that takes us to 11am on Friday . One other source has indicated a SPECIAL time sequence at that hour, from which they either rally or dive.
My suspicion right NOW seems to favor a LOW getting hit on that cycle time, and a rally into April3rd. The Gravitational efffect also favors a LOW at that point.

WE usually get LAST day of month and First 2 days of new month UP.

What else can I mention? Hmm.
Got 377 Fibo weeks = a low due this week- Yeh but HOW LOW is LOW??
A 37 day low to low CYCLE from FEb9th takes us to April4th. We are in the declining phase of that cycle and day 34 is tomorrow. Wave wsie, they really SHOULD make a lower low than 12,050, even if its intraday on Friday AM. ???

After market Futures did close + 1.73, but IF any other news hits ovenight, that could be overtaken in the AM<>

The daily reading for tomorrow is still negative calling anxiety and seperations, work alone, avoid groups. Sort of tells me it wont be a nice day, unless your short, of course. Friday calls for rebellion, arguments, indecision- which could swap with thursday, but either one supports a declining market.

Todays reading was perfect= FACE PROBLEMS, and Bernanke set the stage- WE HAVE PROBLEMS with the economy.

I guess thats all I can think of.
As Always
Best Wishes
Jay

No changes

I waited for today's close as I anticpated NO rally at the close,and they actually dropped a bit.

the PC ratios are climbing , but not screaming buy just yet.

I read somone elses blog service- a free week, and By the third sentence i was falling asleep
Much too wordy-
PLEASE - come to the POINT.
all those pretty charts and graphs, and he still left me wondering.

My appologies for not recognizing last week's lift a little sooner, we will make every effort not to let
that happen again- NO guarantees, but certainly more fore thought.
Anyway
WHATS NEXT ??

Mr B testifies in Congress, and the BULLS are smiling ear to ear - HAHA, I think the joke will be on them THIS WEEK.

WE are in a DOWN cycle till EITHER Tomorrows CLOSE or at 10AM on Thursday

After a bounce for a couple days Friday to Tuesday, we still need to get past the 4th and 5th, but the NEGATIVE energy should not be as severe as Tomorrow. but lets see what tmorrow brings first.

I still want to impress how important it will be to get LONG on the 5th and or 6th.

APRIL9th STILL holds out the promise for a very very big day UP. ANd that should keep them going till the 17th.

As always
Best wishes
Jay

Equinox HIGHS

I really have to give the upside more leeway.

Sometimes I get too intense on being defensive.

The trend should begin to move lower from here to eternity(NO) just kidding(G)

The NEXT important date to be aware of is March28th; SHOULD be a LOW
Cycles are 13 trade days from March 9th, and 26 from FEb 20, a double 13.
There are some who are considering a very steep decline next week.
We'll hold out our judgment on that until we see it.
Howver, IT does appear the WAVE count might agree.

After that, April 4th would be the next important date for a secondary trading low.

If you wanted to sit back and watch till April 5th, you could do that and get ready to SELL the farm and buy stocks, calls, etf's whatever your choice for a WHOPPER rally that should carry to April 17th before running into resistence.

My appology for using terminology that some of you are not familiar with, and I will try to refrain from getting too technical, and just give you the expected outcome from my analysis.
All the BEST
Jay

FIBO PRICE TARGETS

I did BUY into the rally last week, but lost my nerve and got short too soon, but still got more $$ to catch the higher level.
REVIEW from March 13th.
Spx LOST 86 pts from 1460 to 1374

Fibo retracement
40% = Spx to 1407
50% to Spx 1417
Now at 1410, could spike to 1417

Tomorow is 21 TRADE days from FEB20
Previous turns ocurred at 5, 8 and 13 days
Today is spring Equinox
Also a Bradley psychological turn date

ELLIOTT wave Chart shows 5 waves DOWN to March 5th
A & B completed on 13th
Now completing C-2
WE ALL know what happens NEXT in wave 3
Could drag out 5 waves WITHIN wave 3 - taking us to April 4th- 5th before ending.


Jay

Monday Comment

Got short on Friday, but left a little cash to add on today.

Interesting reading today
DONT reach out for the BRASS ring just yet- The REAL action starts in a day or 2.

Interesting so far we have seen the market react to Mr G in a negative way and Mr B mostly positively.
The cycles SEEM to be saying that MR B will spoil that party this time.

the next 2 Bradley dates are March 20, shown on the chart as a LOW, and April 20 shown as a high.
It looks like march 20 will turn in a high, and according to my work so will April20.

Well what happens in between? good question, lets explore.

We had 13 TRADE days from FEB20 to march 9
March 9 + 18 = April 4th
March 9 + 13 = March 28
April 4th to April23rd = 13 days
Add 13 tr day again = may 10th
mentioned b4 = the one yr anniv of last years Spring time high

Since TODAY, A Monday, is looking SOOO good, we might expect next Monday to look just as good BUT only to the bears, and probably lilnger thru the 28th.
In fact, the reading for the 29th says to MAKE changes.
Jay