There are some indications the Higher OPen that I anticipated for this morning
MIGHT happen on Wed at open, but the balance of the day should sell off
leading to an OPENING low on the 26th
_________________________________
today, so far, hit the low notes and high notes on schedule
9:45 LOW & 10am high
BUT more important
10:45 am was the 60 bar cycle right on exact
THEN 1:30 pm a MINOR dip at 90bars
Its Now 1:40pm and counting
The DAILY Activity index is bouncing between 133 and 266 in a very narrow range
____________________
Hourly turned up at 11am & 1pm
OK now its 7 pm and the CLOSE hit a low
AT 126 bars
THAT LEAVES THE DOOR OPEN FOR A BIG RALLY
ON WEd AM
WEd looks LIKE UP / Down / Up & DOWN at the close like today.
WHY ? Because the CLOSE is at 204bars and should close DOWN
The Power index seems to be RIGHT ON THE LINE between
Wed & thsday, so it accentuates the potential for another sell off
or at least giving up its early hard earned gains
The 26th however, is calling for a run for dow 8000 is likely
The AM of 27th wants to take it away, but should give it back later in the day.
MORE LATER
Jay
THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023
Tuesday, March 24, 2009
March 24th update
At 9am the futures are leading the open to down about 100 dow points
So, my outlook for a higher open is delayed, and could occur later in the day
typical times would be either 11am or 1pm
But the CLOSE does look lower
Soo, today becomes
DOWN-- UP-- DOWN
More Later
Jay
So, my outlook for a higher open is delayed, and could occur later in the day
typical times would be either 11am or 1pm
But the CLOSE does look lower
Soo, today becomes
DOWN-- UP-- DOWN
More Later
Jay
Monday, March 23, 2009
Now What for March 24th ?
I am still expecting an overflow tomrrow AM
Might get to 846 or almost there
BOTH the propensity And the Power indexes
are leading the mkt higher at tomrrows open
&
Heres how HOURS work
We got at LOW on Friday at 2:45
ADD 8.6 hours and we get the HIGH at 9:45 to 10am tomrrow
THEN GET READY for a SELL OFF, but again NOTHING dramatic
I will be selling my calls and buying some limited puts at the open
given the above scenario works out as described.
____________________________________
TOMRROW is an 8day cycle HIGH
Wed is an 8 day cycle TURN
whats that mean ? your asking - good question
It means we settle back after a strong open and
continue to sell off on the 25th
________________________________________________
AS mentioned b4, the NEW moon in ARIES indicates a NEW START on the 26th
thus we get another BULLISH run on 26th which should complete on Monday March 31st.
SOO, the NEXT BUY OPP is the morning of the 26th since the new moon is not until 11:07am
If the Spx breaks above 847, the next level is 878
Remember what I wrote on March 3rd
The Dow will make a run to 8000 by months end
not far off now at 7776
MORE LATER
Jay
Might get to 846 or almost there
BOTH the propensity And the Power indexes
are leading the mkt higher at tomrrows open
&
Heres how HOURS work
We got at LOW on Friday at 2:45
ADD 8.6 hours and we get the HIGH at 9:45 to 10am tomrrow
THEN GET READY for a SELL OFF, but again NOTHING dramatic
I will be selling my calls and buying some limited puts at the open
given the above scenario works out as described.
____________________________________
TOMRROW is an 8day cycle HIGH
Wed is an 8 day cycle TURN
whats that mean ? your asking - good question
It means we settle back after a strong open and
continue to sell off on the 25th
________________________________________________
AS mentioned b4, the NEW moon in ARIES indicates a NEW START on the 26th
thus we get another BULLISH run on 26th which should complete on Monday March 31st.
SOO, the NEXT BUY OPP is the morning of the 26th since the new moon is not until 11:07am
If the Spx breaks above 847, the next level is 878
Remember what I wrote on March 3rd
The Dow will make a run to 8000 by months end
not far off now at 7776
MORE LATER
Jay
Sunday, March 22, 2009
March 23 & 24 for now
Monday March 23rd
Has the POWER index
&
Propensity index pointing towards a higher open & higher close
In between the Natural Energy transmitted by the Pluto square at1:32
and the 258 bar cycle at 1pm will have a tendency to pull things lower
at that time.
March 24th looks a little weak, but nothing Dramatic, and might even start out higher.
25th also looks sluggish , but once again nothing too steep
I really LIKE the potentail for the 26th and 27th ~~~ IF YOUR A BULL ~~~ " that is"
IF your chasing BEAR TRACKS this week , your NOT going to be happy
SPX --- once thru 816 resistence will have the next resistance at 830
Hourly remains in tack
11am
1pm
3pm
+ or - 15 min either way
Bar cycle LOWS intraday
258b to 270b@ 1pm to 1;30
30b@ 3:15pm
PS; these bar cycles DO NOT have to be LOWER LOWS
they are merely pivot points from which the mkt can move higher
right after each cycle
such UP moves usually trend higher for about 2hours
before getting sucked into the bar cycle vacuum tube
This is SIMPLY the markets way of BREATHING
or you can call it MKT RYTHM,
& if your a musician, you will understand
More later
Jay
Has the POWER index
&
Propensity index pointing towards a higher open & higher close
In between the Natural Energy transmitted by the Pluto square at1:32
and the 258 bar cycle at 1pm will have a tendency to pull things lower
at that time.
March 24th looks a little weak, but nothing Dramatic, and might even start out higher.
25th also looks sluggish , but once again nothing too steep
I really LIKE the potentail for the 26th and 27th ~~~ IF YOUR A BULL ~~~ " that is"
IF your chasing BEAR TRACKS this week , your NOT going to be happy
SPX --- once thru 816 resistence will have the next resistance at 830
Hourly remains in tack
11am
1pm
3pm
+ or - 15 min either way
Bar cycle LOWS intraday
258b to 270b@ 1pm to 1;30
30b@ 3:15pm
PS; these bar cycles DO NOT have to be LOWER LOWS
they are merely pivot points from which the mkt can move higher
right after each cycle
such UP moves usually trend higher for about 2hours
before getting sucked into the bar cycle vacuum tube
This is SIMPLY the markets way of BREATHING
or you can call it MKT RYTHM,
& if your a musician, you will understand
More later
Jay
Saturday, March 21, 2009
DATES of Importance
OK -- So far we have
an astro master and tide master
March 23rd means something
Sun 90 Pluto
Action between the inner most and outer most planet
that is If you still consider Pluto a planet
I like march 26th turns UP
March 26th NEW moon at IN ARIES
that means FRESH NEW START -
March 31st Contact of sun and Merc with Neptune
Neptune = PLANET of ILLUSION
SO, is IT ILLUSION when the market SINKS
or is it JUST reality setting in
You be the judge - whats your sentiment
Next is
April 8th = a BRADLEY DATE
last one was a high
Venus @ 0 degrees Aries in RETRO
Midnite LOW tide
9th is FULL MOON
We ALL know what happened on March
10th @ that full Moon effect
Will it come again- My vote is YES
Any one chasing big black crows from their back yards this wkend?
The Raven and black crows Clacking have always been used by literary types
to denote danger- I wonder how they got that idea??
MORE LATER
Jay
an astro master and tide master
March 23rd means something
Sun 90 Pluto
Action between the inner most and outer most planet
that is If you still consider Pluto a planet
I like march 26th turns UP
March 26th NEW moon at IN ARIES
that means FRESH NEW START -
March 31st Contact of sun and Merc with Neptune
Neptune = PLANET of ILLUSION
SO, is IT ILLUSION when the market SINKS
or is it JUST reality setting in
You be the judge - whats your sentiment
Next is
April 8th = a BRADLEY DATE
last one was a high
Venus @ 0 degrees Aries in RETRO
Midnite LOW tide
9th is FULL MOON
We ALL know what happened on March
10th @ that full Moon effect
Will it come again- My vote is YES
Any one chasing big black crows from their back yards this wkend?
The Raven and black crows Clacking have always been used by literary types
to denote danger- I wonder how they got that idea??
MORE LATER
Jay
Friday, March 20, 2009
NO CRASH NEXT WEEK Mar 23 to 30
****THERE IS NO POTENTIAL to CRASH or MINI crash Next WEEK****
When I cranked out my last blog post, there were some typo errors
which I edited at the blog
GO BACK TO March 5th posting
TO see where we were then
Read the blog post on March 5th WHICH Called for a LOW on the 6 and or 9th
and a HUGE rally of potential of 200 spx points from 667 THRU March 26th to 30th.
WERE NOT FINISHED WITH THAT YET
SO FAR we got 139 pts to MARCH 18, and there is possible a little higher still.
MMath did NOT break above 816 level, and if it does, could get to 847,
BUT I DOUBT it will do that
The Low today at close spx = 768 and MMath support is at 754
Monday has the SUN 90 Pluto at 1:32 and coincides with 258bars @12;45 + 12 bar variance
From there, we could see a couple days of lackluster activity
however the 26th to 30th as mentioned on MARCH 5th
HAS the potential to blow it out to highest resistance at spx 816 to 847
or somewhere IN BETWEEN those 2 levels
SO---as written b4
THE BEST TIME TO GET SHORT WILL BE on MARCH 30th at close
ThE BEST TIME to GET LONG will be APRIL8th at close
___________________________________
and the time period between march 30 and April8th DOES offer the potential to
MAKE NEW SPX lows to 634 level or even as low as 604
{{Now}} IF you want to call that a crash, be my guest,
but i didnt write it---You assumed it -that means it your falt {{GGG}}
I dont want to take the blame because I dont get any credit either???
spx 816 to 634 or 604 = about 200 pts = 1600 dow pts
______________________________________
GOLD has followed stocks from ITS Feb 34th HIGH to a LOW on March 10th low at
896 to a HIGH on March 18th at 962
with stocks at the same exact time.
SOOOO , theres NO reason to expect gold to do anything other than
PLUNGE during the same time period
_________________________________________
Cycle events today
OPEN high till 9:45
150 bars @ 10:15 am , a LOW
3pm low was between 204 & 210 bars
Hourly
11am turned lower
1;15 Turned lower
3pm _turned UP to 3;32
____________________
and Of course Monday
as written above should make a low at 1;32 time slot
More Later
Jay
ps ; I love the colors @ the NEW comcast email
UPDATE
THE Chart above shows the following wave structure
March 2009 Low hit on the March 6th= Wve 5 of downtrend from Feb 23rd
March 9 wv 1 & 2
March 10th started wv 3
March 17th @ 9:40 wave 4
March 18th @ 2;52pm =Fed rally = wv 5
coincidental with high tide on 18th
More Perspective
258 Bars on the 18th at 10;30 was the LOD
high spx 805 at 2;52pm after Fed announcement
19th
90bars at 11:45 was the LOD
126b @3pm provided another low
In between
11:00 am turns lower to 11:45 @ 126b
1:00 pm turns higher to the 2;05 high
3:00 pm low turns higher to 3:32
___________________________________________
OK now, that brings us to today
March 20th
REMEMBER __ all BAR cycle are LOWS
hourly cycles at 11-1- & 3 are biased highs,
but can be either and usually provide strong turning points
~~ good data for day traders
TODAY Up bias first half day
down bias second half
Equinox
Midnite low tide
________________________________________
Next is Monday March 23rd
DOWN bias till 1;32pm
why?? you ask - lets explore
Sun 90 Pluto @ 1:32pm 258 bars @ 12:30pm,
BUT could run over to 270 bars due to pluto square
Bias for the rest of the week is somewhat positive
AND more so on the 27th to 30th
WHY ?, you ask - geesh, you sure are needy {{gg}}
OK heres the astro answer
27th Sun 0 Venus
28th Merc 0 venus
30th Sun 0 merc
Merc 45 Nptne
sun 45 Nptne
The ABOVE aspects are quite positive for stock prices
BUT after the 30th the BIZ atmosphere turns SOUR till APRIL8th
____________________________________________
I dont know if anyone notices this or has observed people and
how they behave toward you or others when
the mkt is UP verses days when it is DOWN
BUT
I think you will notice that
DOWN days= GOOD BEHAVIOR
UP days = Poor behavior
If you haven't recorded this b4, maybe you should start now
Scroll down to previous posts to find out
when it will best to be a BULL
and best to be a BEAR
_______________________________________
More Later
Jay
Thursday, March 19, 2009
March 18
Activity index starts out at 200, and then drops to 66 shortly thereafter
Propensity index continues to decline into tomorrows open
high of 3022 to as low as 2990
__________________________________________
GOLD is tracking stocks AGAIN as the DOLLAR takes a hit off 2.70 yesterday
GOld hitting 950 as projected
Next stop 850
Look back at Last years high
both had 95% bullish sentiment at the $1000 level
If you count the 2009 high as a "B" wave, then the next level has to take out the 2008 lows
at about $700
If you count it as a failed 5th , the next low could be less than $600
$600 is considered the APEX of the triangle
________________________________________
Armstrong seems to think that gold would make a high at the suspected June 2009 lows
thats Ok imo, if it continues to track stocks
Armstrong thinks there is a potential for Dow to drop to 4000 in June
Of course we ALL KNOW such EXTREMES will be VERY short lived
the rally that follows, as I HAVE WRITTEN several times
should carry the DOW to possibly 10K by March of 2010
10 year high to high from March 2000 at 14,000
More Later
Jay
Propensity index continues to decline into tomorrows open
high of 3022 to as low as 2990
__________________________________________
GOLD is tracking stocks AGAIN as the DOLLAR takes a hit off 2.70 yesterday
GOld hitting 950 as projected
Next stop 850
Look back at Last years high
both had 95% bullish sentiment at the $1000 level
If you count the 2009 high as a "B" wave, then the next level has to take out the 2008 lows
at about $700
If you count it as a failed 5th , the next low could be less than $600
$600 is considered the APEX of the triangle
________________________________________
Armstrong seems to think that gold would make a high at the suspected June 2009 lows
thats Ok imo, if it continues to track stocks
Armstrong thinks there is a potential for Dow to drop to 4000 in June
Of course we ALL KNOW such EXTREMES will be VERY short lived
the rally that follows, as I HAVE WRITTEN several times
should carry the DOW to possibly 10K by March of 2010
10 year high to high from March 2000 at 14,000
More Later
Jay
Wednesday, March 18, 2009
SELL OFF delay
FED induced rally today stalls decline a day
needed one more higher high
BUT any loss tomrrow will most likely be made up somewhat on Friday
What remains constant is the SELL Signal issued by my internal technical data
as of Friday March 13th
Sometimes there are delays between the INTERNAL high and the PRICE high
before it has any REAL effect on price levels & trading
THE NEXT BEST BET if your a BEAR
WAIT TILL
March 30th a possible lower high or failed attempt to make higher highs
The NEXT best BET if your a BULL
WAIT TILL
APRIL 8th which might set a lower low at spx 635 level
& Apr 14th could be a secondary retest
similar to March 9th & 10th but with a delay
More Later
Jay
needed one more higher high
BUT any loss tomrrow will most likely be made up somewhat on Friday
What remains constant is the SELL Signal issued by my internal technical data
as of Friday March 13th
Sometimes there are delays between the INTERNAL high and the PRICE high
before it has any REAL effect on price levels & trading
THE NEXT BEST BET if your a BEAR
WAIT TILL
March 30th a possible lower high or failed attempt to make higher highs
The NEXT best BET if your a BULL
WAIT TILL
APRIL 8th which might set a lower low at spx 635 level
& Apr 14th could be a secondary retest
similar to March 9th & 10th but with a delay
More Later
Jay
Jaywiz Index
For those who have been with me for while
JAYWIZ INDEX = .12
Havent seen a reading that low in a couple months
Futures at 9 AM are picking up steam lower spx now red 8.30, and dow off 80
once the mkt opens it should be non stop down all day
Yesterday also got a .37 ARMS daily index
as you know, my proprietary technical data gave a sell on Friday
But as we all can see, there was one more high to go
typically the OVERBOT ratios appear on the 3rd wave high which leaves the5th wave to
rally on AIR
Power index is still showing a low on 18th , but that can be off by one day with such tight margins
Propensity index has dropped from 3025 to 3005
Activity index has dropped from 200 to 100
Flux is non existent today , but did have positive activity yesterday
dynamic index has been on the DECLINE for 3 days
VHF hit a high or 12 ealier
NOTE ; ALL THE ABOVE ARE SAYING the mkt is headed DOWN
NOw the OTHER question is
HOW FAR and HOW LONG?
I gave some levels yesterday based on Fibo relationships of a high of 7400 on the dow
7037
6925
6800
are those levels in plain numbers
WHen ?
I also posted a fibo time sequence that porjects a low on Thursday at 2pm
As far as GOLD goes, it should now rebound to about 950
but once there its a great short to 850 by months end
More Later
Jay
JAYWIZ INDEX = .12
Havent seen a reading that low in a couple months
Futures at 9 AM are picking up steam lower spx now red 8.30, and dow off 80
once the mkt opens it should be non stop down all day
Yesterday also got a .37 ARMS daily index
as you know, my proprietary technical data gave a sell on Friday
But as we all can see, there was one more high to go
typically the OVERBOT ratios appear on the 3rd wave high which leaves the5th wave to
rally on AIR
Power index is still showing a low on 18th , but that can be off by one day with such tight margins
Propensity index has dropped from 3025 to 3005
Activity index has dropped from 200 to 100
Flux is non existent today , but did have positive activity yesterday
dynamic index has been on the DECLINE for 3 days
VHF hit a high or 12 ealier
NOTE ; ALL THE ABOVE ARE SAYING the mkt is headed DOWN
NOw the OTHER question is
HOW FAR and HOW LONG?
I gave some levels yesterday based on Fibo relationships of a high of 7400 on the dow
7037
6925
6800
are those levels in plain numbers
WHen ?
I also posted a fibo time sequence that porjects a low on Thursday at 2pm
As far as GOLD goes, it should now rebound to about 950
but once there its a great short to 850 by months end
More Later
Jay
Tuesday, March 17, 2009
ARMS index
ARMS index today = .37
KISS OF DEATH
Sure looks like wave 2 morphed into wave 5
higher high at 7400
that was the goal all along
My propensity index for tomrrow shows selling
the Power index shows potential for big hit
how low is low??????
7400 - 6650 = 950
38% = 370
50% = 475
62% = 600
Should be some part of 2days
we are 7 days UP from the low =45.5 hrs
38.2% x 45.5 hours = 17.38 hrs = 2.67 days
thats thursday at 2pm where there is also a 120bar cycle
Jay
KISS OF DEATH
Sure looks like wave 2 morphed into wave 5
higher high at 7400
that was the goal all along
My propensity index for tomrrow shows selling
the Power index shows potential for big hit
how low is low??????
7400 - 6650 = 950
38% = 370
50% = 475
62% = 600
Should be some part of 2days
we are 7 days UP from the low =45.5 hrs
38.2% x 45.5 hours = 17.38 hrs = 2.67 days
thats thursday at 2pm where there is also a 120bar cycle
Jay
Bars & Hours
Yesterday's bars March 16
120 bars at 11am = minor dip off the 10:30 high
150b @ 1;30= minor dip
HOD at 1:45 just shy of the Merc 30 Venus @2pm
Slide to lower close from there
that was wv 'a' down
_____________________________________
Ok, that was then, THis is NOW
Tuesday at 11;30 as i write this
wv 'b' flat, but wave 'c' should hit before the close
Open high at 9:35 Dow + 20
9:50 low at 180 bars Dow - 36
10am high
HOURLY @ 11am higher - could be HOD ??
Next bars
204b@ noon in 30 minute
228b @ 2pm
Moon 60 Jupiter at 12;38 - might end up as HOD??
Hourly same as always
1pm
3pm
and minor variations of such
_________________________________
18th WEd is MOST IMPORTANT and could be a Dow 400 point down day
Power index shows today as a low
258bars @ 10;30
30 bars at 1pm
60 bars at 3;30
its possible we get 329 bars at 3;55, but Im not counting on it.
Its rare, but it does happen- we did NOT however get 126 bars on Monday at 11;30
126 + 204 = 329/330
Hourly
hit a high today at 11am
next high is 1pm
then 3pm
_____________________________________________-
19th Thursday - power index shows an UP day
astro reading indicates sluggish
100% of 13 day cycle at 10:30 - 11am
This is one reason why the 18th might truncate this cycle and close out at 4pm
90 bars @ 11;30
120 bars @ 2pm
hourly as usual
____________________________________
power index shows an up day
Astro read indicates a good money day
___________________________________
More later
Jay
120 bars at 11am = minor dip off the 10:30 high
150b @ 1;30= minor dip
HOD at 1:45 just shy of the Merc 30 Venus @2pm
Slide to lower close from there
that was wv 'a' down
_____________________________________
Ok, that was then, THis is NOW
Tuesday at 11;30 as i write this
wv 'b' flat, but wave 'c' should hit before the close
Open high at 9:35 Dow + 20
9:50 low at 180 bars Dow - 36
10am high
HOURLY @ 11am higher - could be HOD ??
Next bars
204b@ noon in 30 minute
228b @ 2pm
Moon 60 Jupiter at 12;38 - might end up as HOD??
Hourly same as always
1pm
3pm
and minor variations of such
_________________________________
18th WEd is MOST IMPORTANT and could be a Dow 400 point down day
Power index shows today as a low
258bars @ 10;30
30 bars at 1pm
60 bars at 3;30
its possible we get 329 bars at 3;55, but Im not counting on it.
Its rare, but it does happen- we did NOT however get 126 bars on Monday at 11;30
126 + 204 = 329/330
Hourly
hit a high today at 11am
next high is 1pm
then 3pm
_____________________________________________-
19th Thursday - power index shows an UP day
astro reading indicates sluggish
100% of 13 day cycle at 10:30 - 11am
This is one reason why the 18th might truncate this cycle and close out at 4pm
90 bars @ 11;30
120 bars @ 2pm
hourly as usual
____________________________________
power index shows an up day
Astro read indicates a good money day
___________________________________
More later
Jay
Monday, March 16, 2009
March 16 to 20 & more
cycles are on schedule
9:45 open high
11am hourly cycle =a dip @ 120 bars
11;30 high
11;55- 12;05= 13 day cycle low
1pm hourly high
1;30 minor ip @ 150bars
2pm AStro high JUST GOT HIT FOR HOD at 1:50pm
ITS NOW 1:50 as I write this
next cycle is 3pm Hourly
nothing after that
maybe 3;32 , IF 3pm hits another lower high
NOTE, 3;32 did rebound but only about 2 spx pts
power index with gap lower open on 17th
17th- Astro says $$ CRUNCH & Crisis brewing
18th - astro reads - sobering dissapointment
19th says hold off & re evaluate - stagnation , but look for bargains
Astro readings for 19th are indicating a FLAT day, but the POWER index says the low is the 18th
The KEY to unraveling that discrepancy will be the 18th -
IF FLAT to Up, then the 19th will most likely be lower as shown by Charts Edge
___________________________________________
5 UP -we just finished on march 16th at 1;45 pm
3 DOWN -should finish on Mar23rd
5 more UP to March 30th - SUN 0 Merc at 10:30am
Then the NEXT LEG LOWER to April 8th
NOTE
the FULL MOON IS April 9th
JUST LIKE the MARCH 9th LOW occurred on the DAY bEFORE THE FULL MOON + the astro after is quite positive.
ALSo
the SELL OFF NOW to the 18th and or 19th can be at least 80 spx points from the high
775- 80= 695 = the B wave low
IF NOT ON March 18th, then next best bet is 19th, THEN the 23rd.
C wave high on March 30 can make it to 800
667 + 120= 787 + 16 = 803 MAXIMUM
MORE LATER
Jay
Morning OPEN
Notice the OBV -- MACD- & oscilator are not supoorting any further rally at the openJay
ONE DAY OFF
Just a quick note to say I might be one day off
ITs my tendency to get short sooner and long late
My Propensity index popped UP from 3006 to 3020 as of today's close
making the 16th as the TURN date via Bradley's 15th turn date
Using 8 pts as an increment we might se the spx + 8 to 765
Astro would indicate the 18th for a low this week, with a bounce on the 20th
then Monday with the Sun 90 Pluto mid day would be the draw down to a
short term low - same as Merlin
I mentioned that March 25th might be a good place to get short.
Again that might be a couple days early as the 31st as previously mentioned
might be a better short- April 8 is next Bradley date
Activity index @9:30am does NOT support a continuation of the opening rally
It moved up to 30 overnight, but within 30 minutes of open it drops to 10
Exhuberation on CBNC with higher futures will probably end at 9:45 and or 10am
Using 40 pt spx moves from the closing of 676 , adding 80 pts takes us to exactly
Friday's close at 757
the next low could be any multiple of the 40 pt rule of thumb
757 - 80= 676 -40= {{ 636}} - 40 = {{ 596}}
both of those lower levels have been previously mentioned by more than one tech
More later
Jay
ITs my tendency to get short sooner and long late
My Propensity index popped UP from 3006 to 3020 as of today's close
making the 16th as the TURN date via Bradley's 15th turn date
Using 8 pts as an increment we might se the spx + 8 to 765
Astro would indicate the 18th for a low this week, with a bounce on the 20th
then Monday with the Sun 90 Pluto mid day would be the draw down to a
short term low - same as Merlin
I mentioned that March 25th might be a good place to get short.
Again that might be a couple days early as the 31st as previously mentioned
might be a better short- April 8 is next Bradley date
Activity index @9:30am does NOT support a continuation of the opening rally
It moved up to 30 overnight, but within 30 minutes of open it drops to 10
Exhuberation on CBNC with higher futures will probably end at 9:45 and or 10am
Using 40 pt spx moves from the closing of 676 , adding 80 pts takes us to exactly
Friday's close at 757
the next low could be any multiple of the 40 pt rule of thumb
757 - 80= 676 -40= {{ 636}} - 40 = {{ 596}}
both of those lower levels have been previously mentioned by more than one tech
More later
Jay
Sunday, March 15, 2009
Next Week
WOWOWOW
we are getting forecasts from SPX 800 to 680 for the coming week
DA Chief --- Don Wolunchuck the PERENIAL BULL
is SNEORTING as of Friday - its usually just a SNORT
so i guess the SNEORT is extra bullish
BUT
Many on his site know that SNORTS means its time to watch out below !!
AND
HIS yawns are A BULL CALL
I will start to report these more frequently
______________________________________________________
Coy Morphew, on Crystal ball site reports his TA- PATHER daily.
It identifies mkt direction for the next day, and he has been quite accurate
He writes that his indicator is calling for an unusually big down day Monday.
ITS very possible we get a SEVERE sell off at open,
then strong recovery during the after noon until 2pm where there is a
soft aspect of Merc & venus
THEN the real decline sets in
My propensity index seems to be indicating such an event
& In that same regard so does astro which has a soft aspect at 2pm
after which there is NO REPRIEVE
THEN the POWER index shows DOWN all the way to WEd CLOSE
an unusual bar count of 329 occurs at 3:55pm on the 18th
the Power index also shows strong UP DAYS on the 19th & 20th
Im Watching 126 bars if hit at 11;30 Monday, then it sets up a
good chance for 329 as above
Astro also indicates DOWN thru late on 18th
19th calls for Time to pick up fresh BARGAINS
& 20th reads good for $ affairs
More Later
Jay
we are getting forecasts from SPX 800 to 680 for the coming week
DA Chief --- Don Wolunchuck the PERENIAL BULL
is SNEORTING as of Friday - its usually just a SNORT
so i guess the SNEORT is extra bullish
BUT
Many on his site know that SNORTS means its time to watch out below !!
AND
HIS yawns are A BULL CALL
I will start to report these more frequently
______________________________________________________
Coy Morphew, on Crystal ball site reports his TA- PATHER daily.
It identifies mkt direction for the next day, and he has been quite accurate
He writes that his indicator is calling for an unusually big down day Monday.
ITS very possible we get a SEVERE sell off at open,
then strong recovery during the after noon until 2pm where there is a
soft aspect of Merc & venus
THEN the real decline sets in
My propensity index seems to be indicating such an event
& In that same regard so does astro which has a soft aspect at 2pm
after which there is NO REPRIEVE
THEN the POWER index shows DOWN all the way to WEd CLOSE
an unusual bar count of 329 occurs at 3:55pm on the 18th
the Power index also shows strong UP DAYS on the 19th & 20th
Im Watching 126 bars if hit at 11;30 Monday, then it sets up a
good chance for 329 as above
Astro also indicates DOWN thru late on 18th
19th calls for Time to pick up fresh BARGAINS
& 20th reads good for $ affairs
More Later
Jay
Saturday, March 14, 2009
Yes, they got there
That might have been the HIGH of this move
Heres a synopsis of the next 3 weeks
of course it NEVER works out exactly the way it gets projected
but we'll give it a good shot
Counting 5 waves last week from Friday's LOW at spx 666.67 to spx 758 friday at 10am,& 3;30pm
Friday looked like a 4th wave till 12:30pm, and final 5th wave high at 3;30pm
I really abhor saying FINAL, but this time I think its real
I had thought we would see another runup to another
higher high by the 23rd to 25th but thats sort of IFFY.
OK !! -- that was then --THIS IS NOW
best to look backward from April 3rd where the NEXT IMPORTANT LOW should occur
March 25th seems to offer the BEST time to get short to take advantage of that down move.
but do watch out for a moderate dip & rebound to the 31st, then the PLUNGE to a
possible new low- Ill get more specific later.
BUT what about this week? you ask -OK I get it, - you want to know
A Wed LOW is expected this week
moderate rebound on 19th and 20th
23rd to 25th Are called for MIXED at best
_______________________________________________________-
The problem with making forecasts more than one day at a time is they get lost in the shuffle
for example:
the week of the March 2nd, I projected a big rally from the 10th and we were one day early
by those projections , And the SAME thing can happen in the next 2 weeks
______________________________
So do remind me of these forecasts next week
thanks
More later
Jay
Heres a synopsis of the next 3 weeks
of course it NEVER works out exactly the way it gets projected
but we'll give it a good shot
Counting 5 waves last week from Friday's LOW at spx 666.67 to spx 758 friday at 10am,& 3;30pm
Friday looked like a 4th wave till 12:30pm, and final 5th wave high at 3;30pm
I really abhor saying FINAL, but this time I think its real
I had thought we would see another runup to another
higher high by the 23rd to 25th but thats sort of IFFY.
OK !! -- that was then --THIS IS NOW
best to look backward from April 3rd where the NEXT IMPORTANT LOW should occur
March 25th seems to offer the BEST time to get short to take advantage of that down move.
but do watch out for a moderate dip & rebound to the 31st, then the PLUNGE to a
possible new low- Ill get more specific later.
BUT what about this week? you ask -OK I get it, - you want to know
A Wed LOW is expected this week
moderate rebound on 19th and 20th
23rd to 25th Are called for MIXED at best
_______________________________________________________-
The problem with making forecasts more than one day at a time is they get lost in the shuffle
for example:
the week of the March 2nd, I projected a big rally from the 10th and we were one day early
by those projections , And the SAME thing can happen in the next 2 weeks
______________________________
So do remind me of these forecasts next week
thanks
More later
Jay
Friday, March 13, 2009
Are we WHERE yet?
Thats a terrific or horrific question that my kids use to ask after starting a trip to grandma's house
that was a 2 hour trip, so you can imagine the frustration after only 30 minutes into the trip
So where are we now?
At Major resistance now and even next week ??
SPX 752 , the Nov 20th closing low
but the dow is far from 7550 and another resistance point at 7190
My PROPRIETARY internals gave a SELL yesterday
see below
Heres the numbers
date--- A/D --Vol ratio------arms------a/d ave----vol ave---- 5trin----10trin
Mar6---314-------261-------- 164.2------62.8--------582-------821------1386
Mar12---2648----4965-------{62.4}-------529.2------993----{312}-----1169
The 5 day ARMS & 5 day TRIn in bold above
one is an aver, the other is a cumulative
at 62.4 & 312 those values are BOTH GROSSLY {{{ OVERBOT}}} as SHORT term indicators
Also on March 6th, the first 2 numbers @ 314 & 261 are
well under the 400 threshold for a buy signal
*************
NOW look at Mar12 numbers 2648 & 4965--
those are the highest values for those 2 indexes in 2 years
And whats more remarkable is the brevity of time of 3 days
Futures are meekly pointing higher this am for one more bump up against resistance
at 10;15am where there is a moon 120 Neptune
AhHHH yes
Neptune, planet of ILLUSION with the Moon a lower vibration of Neptune
Some have projected the spx to 770 as near term resistance
If that is the goal, then it would suggest option expiration for that level
However, something else stands in the way mid week
Heres my simple math model
750-670= 80 pt gain
770-80 = spx 690 - March 18th target
puts the dow at 6700
In Elliott terms, this is an A-B-C or 3 legged formation
"A" is today at 10am
"B" is March 18
"C" is Mar 20
The NEXT BIGGER LEG lower is on schedule for April3rd
maybe a new low ??
More Later
Jay
that was a 2 hour trip, so you can imagine the frustration after only 30 minutes into the trip
So where are we now?
At Major resistance now and even next week ??
SPX 752 , the Nov 20th closing low
but the dow is far from 7550 and another resistance point at 7190
My PROPRIETARY internals gave a SELL yesterday
see below
Heres the numbers
date--- A/D --Vol ratio------arms------a/d ave----vol ave---- 5trin----10trin
Mar6---314-------261-------- 164.2------62.8--------582-------821------1386
Mar12---2648----4965-------{62.4}-------529.2------993----{312}-----1169
The 5 day ARMS & 5 day TRIn in bold above
one is an aver, the other is a cumulative
at 62.4 & 312 those values are BOTH GROSSLY {{{ OVERBOT}}} as SHORT term indicators
Also on March 6th, the first 2 numbers @ 314 & 261 are
well under the 400 threshold for a buy signal
*************
NOW look at Mar12 numbers 2648 & 4965--
those are the highest values for those 2 indexes in 2 years
And whats more remarkable is the brevity of time of 3 days
Futures are meekly pointing higher this am for one more bump up against resistance
at 10;15am where there is a moon 120 Neptune
AhHHH yes
Neptune, planet of ILLUSION with the Moon a lower vibration of Neptune
Some have projected the spx to 770 as near term resistance
If that is the goal, then it would suggest option expiration for that level
However, something else stands in the way mid week
Heres my simple math model
750-670= 80 pt gain
770-80 = spx 690 - March 18th target
puts the dow at 6700
In Elliott terms, this is an A-B-C or 3 legged formation
"A" is today at 10am
"B" is March 18
"C" is Mar 20
The NEXT BIGGER LEG lower is on schedule for April3rd
maybe a new low ??
More Later
Jay
Thursday, March 12, 2009
60 year chart
I made this bigger, but it got a little blurry
NOTICE
the sharp Decline in FEB is met with a quick rebound
AND RETEST LOWER within 10 days
Such action TODAY would equal
March 6th LOW
March 12th High
March 18th LOW
Its 2;45 and the 3pm high is getting near
looks like it wants to make it to 752 spx which would
be about 50 dow points higher to 7199
Ill mention it again
TODAY is an 8 day HIGH & Bradley date
TOMRROW is an 8 day TURN
3pm and 3:45 are typical times to look for
GLD same now as equities
March 12th reading calls for excitment
March 13 calls for a ROUTINE day & Accept a change
Jay
NO sell off today
As you can see, no sell off has occurred today and its now 11am
Today March 12th is a BRADLEY date, we can only look at it as a high
The 15th , SUNDAY is the next Bradely date and should offer a strong TURN lower.
The NEXT main Bradley date is April 8th which should be a low
the LOWER open TODAY @ the typical time of 9:45 might have been the LOd
11am IS a typical HOURLY HIGH
A SELL SIGNAL is building in the internals
5 day arms = 75.3 = a sell under 100.0
5 day trin = 379 = a sell under 400
Adv/decl proprietary ratio = 329.9
vol ratio = 619.8
All of those #s are on a sell, but Im sure in the next 2 days,
I will see more of the technical internals fall into place.
Today ALSO marks an 8 day which is now looking like it will be a high
that means tomrrow should mark the 8 day TURN
__________________________________________________________
Natural energy pattern shows tomrrow as a high
which ive been saying for a few days now
the NEXT BIG date of importance is Wed March 18th
nothing to do with the FED meeting, just coincidence
and it is leaning toward a LOW
SO, IF today marks the "A" wave HIGh, then March 18th should mark the "B" wave LOW
How LOW as we wrote b4?
If they close the dow at or near 7100, that would get the spx to 739/740
From there they could drop next week back to 6600 area & spx to 670
Since we did not sell off today, then I suspect the next, as indicated by Natural energy
rally from the 19th to the 25th will get above 740 level.
More Later
Jay
Today March 12th is a BRADLEY date, we can only look at it as a high
The 15th , SUNDAY is the next Bradely date and should offer a strong TURN lower.
The NEXT main Bradley date is April 8th which should be a low
the LOWER open TODAY @ the typical time of 9:45 might have been the LOd
11am IS a typical HOURLY HIGH
A SELL SIGNAL is building in the internals
5 day arms = 75.3 = a sell under 100.0
5 day trin = 379 = a sell under 400
Adv/decl proprietary ratio = 329.9
vol ratio = 619.8
All of those #s are on a sell, but Im sure in the next 2 days,
I will see more of the technical internals fall into place.
Today ALSO marks an 8 day which is now looking like it will be a high
that means tomrrow should mark the 8 day TURN
__________________________________________________________
Natural energy pattern shows tomrrow as a high
which ive been saying for a few days now
the NEXT BIG date of importance is Wed March 18th
nothing to do with the FED meeting, just coincidence
and it is leaning toward a LOW
SO, IF today marks the "A" wave HIGh, then March 18th should mark the "B" wave LOW
How LOW as we wrote b4?
If they close the dow at or near 7100, that would get the spx to 739/740
From there they could drop next week back to 6600 area & spx to 670
Since we did not sell off today, then I suspect the next, as indicated by Natural energy
rally from the 19th to the 25th will get above 740 level.
More Later
Jay
ELLIOTT Wave
A wave v or low was made on Friday at 6470
then wave 1 & 2 formed at closing of Monday March 9th
thats why wave 3 erupted as it did in typical wave 3 fashion
and it would appear that wave reached a peak as minor wave "A" at 7015 dow, spx 732
at 10am yesterday morning
What followed does look like wave 'a' and maybe even wv 'b' at the close
propensity index drops today from the late high yesterday from 3012 down to 3001
the Bar cycle hit a low yesterday at 2:30 dow off 80
which means today should also hit a low at 2:30 @ 258 bars
this would count as wv 'c' -"B"
then get ready for wave 'c' - "C" to a high on Friday, spx to 740 area
Futures were much lower early at about 5am, rebounded some, but are now at 9;15 trailing off again
How low is low? Spx 700 to 690 would be a fibo relationship to look for with dow about 6800-6750
More Later
Jay
then wave 1 & 2 formed at closing of Monday March 9th
thats why wave 3 erupted as it did in typical wave 3 fashion
and it would appear that wave reached a peak as minor wave "A" at 7015 dow, spx 732
at 10am yesterday morning
What followed does look like wave 'a' and maybe even wv 'b' at the close
propensity index drops today from the late high yesterday from 3012 down to 3001
the Bar cycle hit a low yesterday at 2:30 dow off 80
which means today should also hit a low at 2:30 @ 258 bars
this would count as wv 'c' -"B"
then get ready for wave 'c' - "C" to a high on Friday, spx to 740 area
Futures were much lower early at about 5am, rebounded some, but are now at 9;15 trailing off again
How low is low? Spx 700 to 690 would be a fibo relationship to look for with dow about 6800-6750
More Later
Jay
Wednesday, March 11, 2009
Sell off after open
My propensity index is showing a higher open as the futures are already pointing that way
Power index did NOT show rally yesterday, and thus is somewhat cloudy for today, but does
seem to indicate a lower open tomrrow
A higher open should give way to selling later in the day with a lower open on the 12th
Should still be a good opp for another rally on the 13th
I will be buying calls sometime tomrrow and selling them at the close on Friday
Interesting phenomena
Bradley on 12th should offer a low
Bradley on 15th should offer a high = a Sunday
THAT only leaves the 13th in between
18th is setup on a natural energy chart for a low
How low? Cant say at all, but there's always a potential to retest 670
From the 18th to the 23rd and or 26th, they should RUN IT UP AGAIN
Major resistance, of course is SPX 754, the Nov 20th close and or 744, the intraday low of Nov21
_______________________________________________
GOLD did drop from 1000 on Feb 23rd to 900 on March 10th , and could rebound some into the 18th where equities are due to make theri next important low. IF gold does rebound to the 18th, then I will be looking to buy puts on the GLD
More Later
Jay
Power index did NOT show rally yesterday, and thus is somewhat cloudy for today, but does
seem to indicate a lower open tomrrow
A higher open should give way to selling later in the day with a lower open on the 12th
Should still be a good opp for another rally on the 13th
I will be buying calls sometime tomrrow and selling them at the close on Friday
Interesting phenomena
Bradley on 12th should offer a low
Bradley on 15th should offer a high = a Sunday
THAT only leaves the 13th in between
18th is setup on a natural energy chart for a low
How low? Cant say at all, but there's always a potential to retest 670
From the 18th to the 23rd and or 26th, they should RUN IT UP AGAIN
Major resistance, of course is SPX 754, the Nov 20th close and or 744, the intraday low of Nov21
_______________________________________________
GOLD did drop from 1000 on Feb 23rd to 900 on March 10th , and could rebound some into the 18th where equities are due to make theri next important low. IF gold does rebound to the 18th, then I will be looking to buy puts on the GLD
More Later
Jay
Tuesday, March 10, 2009
Antother Pic
After that FACT we can see it very clearly
BUT next is a take away on March 11th
b4 Friday the 13th rally
More Later
Jay
Next Chart
Note the direction of the OBV and other technicals
OBV not very supportive of the rally
Heres some more daily tech data
Monday's arms was a .48 and today was a.49 but the Adv/Decl & Vol raw numbers were vastly
different even though they had nearly the same ratio
Jaywiz index
Monday = .12 is bearish and today .80 is bullish
they seem confused and should be opposite
Today's SPDR is an 82
CBOE = .73 and yesterday was .74, both bearish
spx = 1.01 and yesrday was 1.16 , neutral
OEX = .75 and yesterday was .59 - both bearish
GOLD continues to drop, I should have stuck with it
must will short the next rally, HMMm if I catch it right
Even the Power index did not give me an indication of the kind of day we had
and the propensity index left me confused
the only thing that should have tipped me off was the FULL MOON
Anyway we got some makin up to do
More Later
Jay
Conracting Triangle
Notice the triangle and the dropo afterward
Then look at the OBV and other indicators , MACD & oscillator
All took the same dive
More Later
RE Group & get back on track
Cant get away from those FULL MOONS
they seem to catch me at the wrong end of things
Got some splainin to do Lucy
It would appear that 666.67 on march 5th was the near term LOW
a contracting triangle formed from Nov 21st to Feb 6th and the
outcome was the drop to March 6th - i'll see if I can put up a chart of it
spx lost 208 pts from Jan 28 at 874 to March 9th in 21 trade days, but you already knew that
Any rebound NOW would fit in with FIBO, & today was a gain of 21%
the NEXT high should = 34% = 70 pts and get back up near the 790 level
that could come on the 12th & 13th- mostly the 13th.
Today was typical of an "A" wave
thus we should see the next wave "B" tomrrow and maybe part of the 12th
BUT the 13th can and probably will match or exceed today's performance
IVE BEEN warning about a rally for a week now, but I got caught short by one day
Expect the 11th to take away in the "B" wave at least 150 DOW to maybe 200 pts intraday
that would equate to about 20 spx just under 700 as support
The NEXT high is STILL Friday March 13th,
BTW, how often do we get 2 months in a row with a Friday 13th
From there, the NEXT possible LOW is setup for the 18th
remembere i wrote to expect a 2000 pt dow rally off the LOW
which is now set at 6550 + 2000 = 8550
and that could be seen by options expiration or as part
of a rally to the 23rd at that level.
More Later
Jay
they seem to catch me at the wrong end of things
Got some splainin to do Lucy
It would appear that 666.67 on march 5th was the near term LOW
a contracting triangle formed from Nov 21st to Feb 6th and the
outcome was the drop to March 6th - i'll see if I can put up a chart of it
spx lost 208 pts from Jan 28 at 874 to March 9th in 21 trade days, but you already knew that
Any rebound NOW would fit in with FIBO, & today was a gain of 21%
the NEXT high should = 34% = 70 pts and get back up near the 790 level
that could come on the 12th & 13th- mostly the 13th.
Today was typical of an "A" wave
thus we should see the next wave "B" tomrrow and maybe part of the 12th
BUT the 13th can and probably will match or exceed today's performance
IVE BEEN warning about a rally for a week now, but I got caught short by one day
Expect the 11th to take away in the "B" wave at least 150 DOW to maybe 200 pts intraday
that would equate to about 20 spx just under 700 as support
The NEXT high is STILL Friday March 13th,
BTW, how often do we get 2 months in a row with a Friday 13th
From there, the NEXT possible LOW is setup for the 18th
remembere i wrote to expect a 2000 pt dow rally off the LOW
which is now set at 6550 + 2000 = 8550
and that could be seen by options expiration or as part
of a rally to the 23rd at that level.
More Later
Jay
Monday, March 09, 2009
WHERE ARE WE ?
Last weeks high was on March 4th at 3:30pm spx was at 724
the first low hit at 3;30 on March 5th, 6.5 hrs later then a 145pt rally which last about 2 hrs
the NEXT low was on the 6th at , yup, you got it -3;30pm at 666.79
whats 666 mean? you ask / NOTHING
then a 70 pt sell off at today's open and a 70 pt high = yup, 140pts
Lasted about 90 minutes
3;30 low got a 10:15high
what GREAT symmetry!!
WAVE5 = END times things SPEED UP - and we are getting CLOSE to this wave bottom
March 10th at 3;30 is , YUP, you got it - 26 hours
its also 44 trade days from Jan 6th high
90 oct27th-- low
110Oct1st-- high
250 March 10th 2008 Low
Low tide at 3:02pm
50%/ 13 day cycle low at 2pm + overage
120bars cycle @ 3;30pm
Full moon at 9:39pm
From there, just as the pic shows a HUGE rally lasting till at least the 23rd and or 26th
More later
Jay
the first low hit at 3;30 on March 5th, 6.5 hrs later then a 145pt rally which last about 2 hrs
the NEXT low was on the 6th at , yup, you got it -3;30pm at 666.79
whats 666 mean? you ask / NOTHING
then a 70 pt sell off at today's open and a 70 pt high = yup, 140pts
Lasted about 90 minutes
3;30 low got a 10:15high
what GREAT symmetry!!
WAVE5 = END times things SPEED UP - and we are getting CLOSE to this wave bottom
March 10th at 3;30 is , YUP, you got it - 26 hours
its also 44 trade days from Jan 6th high
90 oct27th-- low
110Oct1st-- high
250 March 10th 2008 Low
Low tide at 3:02pm
50%/ 13 day cycle low at 2pm + overage
120bars cycle @ 3;30pm
Full moon at 9:39pm
From there, just as the pic shows a HUGE rally lasting till at least the 23rd and or 26th
More later
Jay
Sunday, March 08, 2009
One Pic is Worth 1000 WORDS
Heres an ELLIOTT wave PIC from ibo, one of our friends and FOLLOWERS
DO I need to WRITE anything ELSE ??
Ive written in _____ and here it is above in the FLESH
SUNDAY News show has 2 Senators exclaiming the benefits of NATIONALIZING some banks
If that's the atmosphere that's being generated, then LOOK OUT BELOW
_______________________________________________
SUNDAY
Heres a reading from
Mars 0 Neptune
Stand up for your rights and act on your ideals
BUT there may NOT be anything REALISTIC about it
SUN 180 Saturn
Need a PLAN to handle demands
no time for stress relief
______________________________________________
Monday early am we have a moon 180 Neptune & Mars within an hour of each other
moon 180 Merc Logic is lost to emotions
and theres lots more
_________________________
Ive already pointed out the technical and pc ratios associated with Friday's close
and they are all negative
Advance scientific data
Power index reads a 300 for Monday & Tuesday - scale is out on the right
Propensity index which was at 3014 on Friday has now DROPPED to 2998
both are saying LOWER on Monday
___________________________________________________
NOTE on GOLD
I wrote on FEB 23rd when it hit 1000 for second time in history
that the NEXT MOVE would be a drop to 900 on or b4 March 6th
I Made $$ on the GLD puts, but got out early- no regrets
AND IT FELL TO 936 on close Thursday March 5th
IS there FURTHER to go down
YOU BET THERE IS !!!!!
best estimates from Ellioters and fibo = about 600 - 650
lost to make on the way down
WHEN ?, you want to know, i dont know why you think it would happen
in a heartbeat? IT TAKES TIME
My best guess would be 9 months from now
When is the NEXT SELL opp for gold??
IMO, Tuesday March 10th
in other words, gold should hold its own and might even rally more to
the 950 level, but should make it to 850 by months end
They will SELL gold to BUY Stocks
as fast as one goes down, the other will go up
THEY are CURRENTLY in an INVERSE RELATIONSHIP to each other
_______________________________________
I Notice bonds are also getting creamed
More Later
Jay
Saturday, March 07, 2009
NO BUY SIGNAL - YET
WHY the rally at 3;30 both days?
THE LOD on thursday was at 3;30
why ?
simple
150bars
the LOD on friday was at 3;30
Why?Simple
228 bars
Monday has 258 bars at noon
but that wont be the LOD
Tuesday has 13 day cyle at 2pm with a one hour range
Full moon after hours effect all day
90 bars @1pm
but
Most important is 126 bars at 4pm
______________________________________
that was then and this is NOW
A Sell signal was generated on FEB 24
A/D -- Vol --- 5day Arms --- a/d ave -- vol ave -- 5 trin-- 10 trin--
729-----1493------78.4--------145------298-------392-------997
NOW on March 6
646-----516------149----------129------103-------747------1268
The numbers for March 6th are NO WHERE near oversold
5day arms should be near or above 200.1
5 day trin should be above 1000
10day trin should be above 2000
the first 2 numbers should be well below 400 each
Friday's PC ratios on a SELL
Jaywiz index on Thurs =26
Fri = 32
Spdr = 87
CBOE pc = 87
OEX = .49
SPX 500 = 1.06
there were 827 new lows
on Oct 10th, there wre 2591 new lows
WE need to have 2 days with arms over 3.50
_________________________________
More Later
Jay
THE LOD on thursday was at 3;30
why ?
simple
150bars
the LOD on friday was at 3;30
Why?Simple
228 bars
Monday has 258 bars at noon
but that wont be the LOD
Tuesday has 13 day cyle at 2pm with a one hour range
Full moon after hours effect all day
90 bars @1pm
but
Most important is 126 bars at 4pm
______________________________________
that was then and this is NOW
A Sell signal was generated on FEB 24
A/D -- Vol --- 5day Arms --- a/d ave -- vol ave -- 5 trin-- 10 trin--
729-----1493------78.4--------145------298-------392-------997
NOW on March 6
646-----516------149----------129------103-------747------1268
The numbers for March 6th are NO WHERE near oversold
5day arms should be near or above 200.1
5 day trin should be above 1000
10day trin should be above 2000
the first 2 numbers should be well below 400 each
Friday's PC ratios on a SELL
Jaywiz index on Thurs =26
Fri = 32
Spdr = 87
CBOE pc = 87
OEX = .49
SPX 500 = 1.06
there were 827 new lows
on Oct 10th, there wre 2591 new lows
WE need to have 2 days with arms over 3.50
_________________________________
More Later
Jay
Friday, March 06, 2009
Bot short
Got in at noon and again at 1pm at minor rebounds
would like to see one more rebound today
its now almost 2pm, and they might run it up at 3pm to break even
Even if no rebound I will most likely add more puts at 3pm
Adjusted times
204bars cycle HIT at 1;45pm = a low
228 bars @ 3;45 and or close = DOWN CLOSE
and 258 bars hits Monday at NOON:15
WOW, right after 2pm, it started to move UP
thanks Ibo, you hit that one exactly
we'll see how far it gets
another posted dow 6000 for next week
others are holding their collective breadth- waiting for the other shoe to fall
NO BUY SIGNALS have been generated by the internal ADV/ DECl & vol ratios
______________________________________________-
The MEDIA is at it again
some commentators are attempting to blame Pres Obama for the entire decline
I can hear it all NOW on Tuesday - it will be IMPEACHMENT talk for sure
i heard Cramer the other nite joined in the fray also
Wait till we hear from that radio guy, you know WHATS HIS NAME ?? {g}
Damn fools
ok, its almost 2pm and they seem to want to come back,
BUT the ACTIVITY index is FLAT for the next 60 minutes
OBV is also FLAT
Macd is FLAT
More later
Jay
I know theres more of you out there who would like to log in,
and I would really like to know your there
You dont need a google id, there are 3 other choices such as yahoo
thanks to those of you have done so
would like to see one more rebound today
its now almost 2pm, and they might run it up at 3pm to break even
Even if no rebound I will most likely add more puts at 3pm
Adjusted times
204bars cycle HIT at 1;45pm = a low
228 bars @ 3;45 and or close = DOWN CLOSE
and 258 bars hits Monday at NOON:15
WOW, right after 2pm, it started to move UP
thanks Ibo, you hit that one exactly
we'll see how far it gets
another posted dow 6000 for next week
others are holding their collective breadth- waiting for the other shoe to fall
NO BUY SIGNALS have been generated by the internal ADV/ DECl & vol ratios
______________________________________________-
The MEDIA is at it again
some commentators are attempting to blame Pres Obama for the entire decline
I can hear it all NOW on Tuesday - it will be IMPEACHMENT talk for sure
i heard Cramer the other nite joined in the fray also
Wait till we hear from that radio guy, you know WHATS HIS NAME ?? {g}
Damn fools
ok, its almost 2pm and they seem to want to come back,
BUT the ACTIVITY index is FLAT for the next 60 minutes
OBV is also FLAT
Macd is FLAT
More later
Jay
I know theres more of you out there who would like to log in,
and I would really like to know your there
You dont need a google id, there are 3 other choices such as yahoo
thanks to those of you have done so
SO FAR today
WE got the BURST open as expected but a lower low at 11am confirms
that this is just a nano contra wave 2 or 4
After 9:45 they slid lower till 11;30 @ 180 bars //down 44 pts dow
We should see another UPLEG or burst later today
could be 1pm or 3 pm, but struggling for sure
I did NOT SELL at open thus Im stuck waiting for the next up leg as indicated
We might not get it, but either way I will be 120% short as of the close
more later
Jay
that this is just a nano contra wave 2 or 4
After 9:45 they slid lower till 11;30 @ 180 bars //down 44 pts dow
We should see another UPLEG or burst later today
could be 1pm or 3 pm, but struggling for sure
I did NOT SELL at open thus Im stuck waiting for the next up leg as indicated
We might not get it, but either way I will be 120% short as of the close
more later
Jay
March 6th
As I had expect the futures and the early futures market are responding
positively to the employment data suggesting a positive open
NOW UP 10 on spoos at 9am
It really wasn't the futures at all and IF there was no such report, the mkt would have found another reason to open higher
MY proprietary and ARMS Tech internal data shows
NO BUY SIGNAL generated yesterday
Activity index is showing a rally early, but drops off after 10am
this one updates hourly so will keep you in touch if important
Propensity index shows upmove from 2998 to 3013 as late as 3pm
but then drops off which could mean a less then stellar close
power index is mixed & shows a potential high mid day then lower at close
My game plan today will be to start buying puts on each rally
most likely at the hourly time points
and YOU know what they are
11am ---- 1pm & 3pm
1pm would appear most likely HOD
Bar cycles today
180@ 11:30 am
204@ 1:30 pm
228@ 3;30 pm
__________________________
yesterday perspectives
open down @ 9:35 = 1hr & 5 minutes after the 3:32pm HOD of Wed
1hr & 5 min later the 10;38 high gave way to the slide to 1pm the 120 bar cycle low
1;15 hourly high gave way to 150bar@ 3;30 cycle low
_________________________________________________
I am still expecting a MORE severe sell off on Monday & Tuesday
Typical Monday & Tuesday lows in a bear mkt
Tuesdays low tide is at 3:02pm
50% of 13 day cycle at 2pm with an hour range till 3pm
full moon not till 9pm
11 tr days from FEb 23 low
90 tr days from oct 27th
110 Oct 1st high
250 March 10th, 2008
44 tr days from Jan 6th
_________________________________________
Astro readings for March 10th & 11th
Expect the unexpected
Unwelcome news
Shake ups
BUT -- GET READY FOR CHANGE
March 11th ** look for GOOD NEWS
March 12th ** cooperation
March 13 ** Delightful day
I Know, you still want to know
HOW LOW IS LOW ??
best as i can figure
spx 635 is out there as a strong possible
and if that gets hit on Monday, then 604 was been out there for a while now
More Later
Jay
positively to the employment data suggesting a positive open
NOW UP 10 on spoos at 9am
It really wasn't the futures at all and IF there was no such report, the mkt would have found another reason to open higher
MY proprietary and ARMS Tech internal data shows
NO BUY SIGNAL generated yesterday
Activity index is showing a rally early, but drops off after 10am
this one updates hourly so will keep you in touch if important
Propensity index shows upmove from 2998 to 3013 as late as 3pm
but then drops off which could mean a less then stellar close
power index is mixed & shows a potential high mid day then lower at close
My game plan today will be to start buying puts on each rally
most likely at the hourly time points
and YOU know what they are
11am ---- 1pm & 3pm
1pm would appear most likely HOD
Bar cycles today
180@ 11:30 am
204@ 1:30 pm
228@ 3;30 pm
__________________________
yesterday perspectives
open down @ 9:35 = 1hr & 5 minutes after the 3:32pm HOD of Wed
1hr & 5 min later the 10;38 high gave way to the slide to 1pm the 120 bar cycle low
1;15 hourly high gave way to 150bar@ 3;30 cycle low
_________________________________________________
I am still expecting a MORE severe sell off on Monday & Tuesday
Typical Monday & Tuesday lows in a bear mkt
Tuesdays low tide is at 3:02pm
50% of 13 day cycle at 2pm with an hour range till 3pm
full moon not till 9pm
11 tr days from FEb 23 low
90 tr days from oct 27th
110 Oct 1st high
250 March 10th, 2008
44 tr days from Jan 6th
_________________________________________
Astro readings for March 10th & 11th
Expect the unexpected
Unwelcome news
Shake ups
BUT -- GET READY FOR CHANGE
March 11th ** look for GOOD NEWS
March 12th ** cooperation
March 13 ** Delightful day
I Know, you still want to know
HOW LOW IS LOW ??
best as i can figure
spx 635 is out there as a strong possible
and if that gets hit on Monday, then 604 was been out there for a while now
More Later
Jay
__._,_.___
Thursday, March 05, 2009
HOW HIGh and WHEN
AFTER March 10th
we could see the SPX rally as high as 210 pts by the end of March
DO the Math
LOSS of 900 pts
X 23.6 % = 212 pts
680 + 212 = 892
More Later
Jay
March 4th = tough day
could turn after 3;30
we could see the SPX rally as high as 210 pts by the end of March
DO the Math
LOSS of 900 pts
X 23.6 % = 212 pts
680 + 212 = 892
More Later
Jay
March 4th = tough day
could turn after 3;30
GET READY to BUY
What you see above for March 4th NEVER happened
in fact it was just the opposite
HOWEVER, IT is on schedule for today
And tomorrow should follow thru, but more about that later
NOTE of interest
WATCH the NEW LOWs verses highs, of which there are NONE
ON October 10th we had 2591 new lows
March 3rd had 705 new lows
that shows basically a weakening of the decline
Typical in a 5th wave position
YES, there is ONE MORE LOW to go on March 9th and or 10th
SO, if you dont buy in today, make sure you do so on March 10th
MY GAME PLAN
SHORT the CLOSE on Friday March 6th
BUY the intraday low on MARCH 10th
How low is low? Today or Monday
TODAY - Europe is down 3%
Oil is DOWN 35
SPX futures are down near 18pts @ 690
Murrey Math level is at 692, the intraday low of March 3rd
The next MM level is at 661 with 8 pts segments in between
692- 8 = 684
684- 8 =676
676-8= 668
etc
THE LOW today should occur fairly EARLY as mentioned b4
90 bars @ 10:30 & 102b @ 11:30
23.6% of the 13 day cycle @ 10:56am
moon 180 pluto @ 11;17
SO, we will look for the LOD this morning between 10:30 and 11;17
the HOD yesterday was at 3:32pm
adding hourly updates takes us to today to 10;05 am
and the ISM # comes out at 10am
IMO, and I could be wrong, but an acceleration should occur at 10;05am taking it lower till
11 to 11;17 am
More later
Jay
Wednesday, March 04, 2009
Regardless
Its NOW 3;45pm
IM adding more puts at close today
Tomorrow could be a WHIP saw day
Still got a LOW at 11am to 11;30
and after settling down till about 1pm to 1;30pm
the close should be significantly higher
Friday could do reverse UP till 11am then drop
some conflicts appear which may be clearer tomrrow
BUT either way as far as Friday is concerned
I REPEAT
I will be SHORT at the close
More Later
Jay
IM adding more puts at close today
Tomorrow could be a WHIP saw day
Still got a LOW at 11am to 11;30
and after settling down till about 1pm to 1;30pm
the close should be significantly higher
Friday could do reverse UP till 11am then drop
some conflicts appear which may be clearer tomrrow
BUT either way as far as Friday is concerned
I REPEAT
I will be SHORT at the close
More Later
Jay
March 4th & 5th
It does looke like 258 bars close out yesterday THUS the Futures are
showing a rally at open to the tune of maybe 50 dow pts, Maybe not even
GUESS WHAT
Im going to ADD more PUTS and SELL the OPEN RALLY
Todays bar cycles
30B @ noon
60b @ 2;30
Hourly
9:45
11am
1pm
3pm
_______________________________________________
Tomrrow MORNING is more important
90b @ 10:30
23.6/13day @ 11am
moon 180 pluto @ 11:17
Hourly = same as above and every day with minor variations
APD report worse than expected
futures have been dropping since early this am when it was considerably higher
Yesterday's late HIGH was EXACTLY at 3pm
258 bars at close dragged it down at close
adding 1 hr & 5 minutes = 9:35 this am
Not much time to act, but it will do
________________________________________
What am I going to do about the pending rally after 11am on 5th and continuation on 6th?
Thats a good question?
Not sure - i dont expect too much of a rally maybe 200 to 300 pts at most.
but there is ONE Thing I am sure of
I WILL BE SHORT at the CLOSE on Friday
More Later
Jay
showing a rally at open to the tune of maybe 50 dow pts, Maybe not even
GUESS WHAT
Im going to ADD more PUTS and SELL the OPEN RALLY
Todays bar cycles
30B @ noon
60b @ 2;30
Hourly
9:45
11am
1pm
3pm
_______________________________________________
Tomrrow MORNING is more important
90b @ 10:30
23.6/13day @ 11am
moon 180 pluto @ 11:17
Hourly = same as above and every day with minor variations
APD report worse than expected
futures have been dropping since early this am when it was considerably higher
Yesterday's late HIGH was EXACTLY at 3pm
258 bars at close dragged it down at close
adding 1 hr & 5 minutes = 9:35 this am
Not much time to act, but it will do
________________________________________
What am I going to do about the pending rally after 11am on 5th and continuation on 6th?
Thats a good question?
Not sure - i dont expect too much of a rally maybe 200 to 300 pts at most.
but there is ONE Thing I am sure of
I WILL BE SHORT at the CLOSE on Friday
More Later
Jay
Tuesday, March 03, 2009
On Track
Got the 9:45am HIGH
secondary high at 10:35- 10:45 where ASTRO > Venus 30 Uranus
then the 11;30 low at 204 bars was the next magnetic low - 59pts dow
was actually extended to 210 bars at noon
Next HIGH TURN is now due at 12;43 pm on a SUN 30 Jupiter
from there, as previously written
a low on the OPEN tomrrow at 9:45 to 10am
Activity index turned UP at 11;30 and there is a 30 minute delay
propensity index on same track
Some have indicated spx 680, and I cant argue with that
Ravi's matrix indicates a low of 635 spx
IMO<>
March 9 & 10th
Jay
secondary high at 10:35- 10:45 where ASTRO > Venus 30 Uranus
then the 11;30 low at 204 bars was the next magnetic low - 59pts dow
was actually extended to 210 bars at noon
Next HIGH TURN is now due at 12;43 pm on a SUN 30 Jupiter
from there, as previously written
a low on the OPEN tomrrow at 9:45 to 10am
Activity index turned UP at 11;30 and there is a 30 minute delay
propensity index on same track
Some have indicated spx 680, and I cant argue with that
Ravi's matrix indicates a low of 635 spx
IMO<>
March 9 & 10th
Jay
March 3rd,to 6th - 2009
Adjusting 180 bars to the CLOSE of yesterday thus the LOD at close
rather than this am at 9:45
that moves daily timing up a little
204b is now @ 11;30am
228b @ 2:30
Hourly still at 11am - 1pm & 3pm
but more important is 258bars which is NOW at either close today or open tomrrow
Since 180 b hit at close, This would suggest that 258 b hit at OPEN wed to 9:45
plus there is a 14.6% of 13 day at 9:50am helping to pull it down.
this scenario is corroborated by the Power & Propensity index's rising and falling as above.
Any rally that fails today after 1pm will most likely duplicate that effort tomrrow
Feb 4th and FAIL again thus LEADING us the a deeper LOW than Monday's close
at 11am on the 5th
Wed has 30b @ 11am and 60@ 3;45pm
thus we could see rally attempts on 4th @ 1pm, and or 3pm with a failure at close
leading to a lower low on the
5th
5th at 11am > 23.6%/13 day at 11am
5th >hourly at 11am
5th >moon 180 Pluto at 11:17 am
However, the LOW of the 5th @ 11am appears to be INTRADAY below spx 700
Then rebounding to a more meaningful rally from there into the 6th at close
The ENTIRE wave structure from now till close on Friday appears as a CONTRA TREND
rally probably labeled as a micro wave 4, giving way to micro 5 next week as described below.
Setting up another Friday GREAT SHORTING opp
A higher close this Friday is very deceptive as most Elliott tech analysts
will deem the decline OVER
and you already know that they are usually short sited and tend to call
wave completion somewhat early- ive mentioned it several times
and continue to prove it often.
MY studies indicate a MORE SEVERE sell off thereafter on March 9th & 10th
Some people have already told me that March 10th should be a HIGH
I DONT believe them !!! - > why ? You ask- because I don't have to follow others
heres my outlook
Natural Energy indicates a lower low
Astro energy indicates a FULL MOON LOW
9th reading > BAD Start & Unwelcome news
10th reading > Surprise shakes ups
the 10th is 11 days from 23rd
50% of 13 day cycle at 2pm
11/33/55/77 month low as per Jerry R
250 tr day LOW as per tradings cycles
44 tr days on 12th = Bradley TURN date
44/11 = 4 tr days low cycle
11th reading > GOOD NEWS and CHEER
12th > cooperation
13th > delightful
Still got 1pm for high today and tomorrow 4th possibly at
either
More Later
Jay
rather than this am at 9:45
that moves daily timing up a little
204b is now @ 11;30am
228b @ 2:30
Hourly still at 11am - 1pm & 3pm
but more important is 258bars which is NOW at either close today or open tomrrow
Since 180 b hit at close, This would suggest that 258 b hit at OPEN wed to 9:45
plus there is a 14.6% of 13 day at 9:50am helping to pull it down.
this scenario is corroborated by the Power & Propensity index's rising and falling as above.
Any rally that fails today after 1pm will most likely duplicate that effort tomrrow
Feb 4th and FAIL again thus LEADING us the a deeper LOW than Monday's close
at 11am on the 5th
Wed has 30b @ 11am and 60@ 3;45pm
thus we could see rally attempts on 4th @ 1pm, and or 3pm with a failure at close
leading to a lower low on the
5th
5th at 11am > 23.6%/13 day at 11am
5th >hourly at 11am
5th >moon 180 Pluto at 11:17 am
However, the LOW of the 5th @ 11am appears to be INTRADAY below spx 700
Then rebounding to a more meaningful rally from there into the 6th at close
The ENTIRE wave structure from now till close on Friday appears as a CONTRA TREND
rally probably labeled as a micro wave 4, giving way to micro 5 next week as described below.
Setting up another Friday GREAT SHORTING opp
A higher close this Friday is very deceptive as most Elliott tech analysts
will deem the decline OVER
and you already know that they are usually short sited and tend to call
wave completion somewhat early- ive mentioned it several times
and continue to prove it often.
MY studies indicate a MORE SEVERE sell off thereafter on March 9th & 10th
Some people have already told me that March 10th should be a HIGH
I DONT believe them !!! - > why ? You ask- because I don't have to follow others
heres my outlook
Natural Energy indicates a lower low
Astro energy indicates a FULL MOON LOW
9th reading > BAD Start & Unwelcome news
10th reading > Surprise shakes ups
the 10th is 11 days from 23rd
50% of 13 day cycle at 2pm
11/33/55/77 month low as per Jerry R
250 tr day LOW as per tradings cycles
44 tr days on 12th = Bradley TURN date
44/11 = 4 tr days low cycle
11th reading > GOOD NEWS and CHEER
12th > cooperation
13th > delightful
Still got 1pm for high today and tomorrow 4th possibly at
either
More Later
Jay
Monday, March 02, 2009
3pm update
Low right now at 3pm an hourly turn- 260
matching the Low at 150 bars @ 1;45pm
NOW its 3:25 and still fading spx 702
hourly turn next at 3;47pm
It looks now like we should see spx699 hit at tomrrow's open
then rebound TOMRROW, not today
the expected rebound today was very meager and may have already hit
at 2;30pm
OF course I still expect tomrrow to open LOWER at9:45 @ 180 bars
THEN the rebound tomrrow till 1pm
BUT once they get to the high of the rally tomrrow at about 1pm,
it should COLLAPSE then make its NEXT important LOW
on Thursday at 11 am to 11;30
ive been given a fibo martix that shows potential
to get to spx 635, and IMO that could be either the target for
Thurs and or March 10th & IF they get to that level on March 5th, then March 10
COULD POSSIBLY reach down to spx 604
As you may or may not have realized, MY forte is TIME, not necessarily PRICE
I get price levels from applying FIBO and or Murrey math levels
Those price levels DONT mean anything unless you can time them
Remember Dec 08, and some one convinced me that spx 600 was going to
happen immediately --- BAHHH humbug, no way _____;
But NOw we have SERIOUS break of spx 744, and ACCELERATION
DOWN is to be expected which is hapenning right now, and the targets above are
now legitimate
More later
Jay
matching the Low at 150 bars @ 1;45pm
NOW its 3:25 and still fading spx 702
hourly turn next at 3;47pm
It looks now like we should see spx699 hit at tomrrow's open
then rebound TOMRROW, not today
the expected rebound today was very meager and may have already hit
at 2;30pm
OF course I still expect tomrrow to open LOWER at9:45 @ 180 bars
THEN the rebound tomrrow till 1pm
BUT once they get to the high of the rally tomrrow at about 1pm,
it should COLLAPSE then make its NEXT important LOW
on Thursday at 11 am to 11;30
ive been given a fibo martix that shows potential
to get to spx 635, and IMO that could be either the target for
Thurs and or March 10th & IF they get to that level on March 5th, then March 10
COULD POSSIBLY reach down to spx 604
As you may or may not have realized, MY forte is TIME, not necessarily PRICE
I get price levels from applying FIBO and or Murrey math levels
Those price levels DONT mean anything unless you can time them
Remember Dec 08, and some one convinced me that spx 600 was going to
happen immediately --- BAHHH humbug, no way _____;
But NOw we have SERIOUS break of spx 744, and ACCELERATION
DOWN is to be expected which is hapenning right now, and the targets above are
now legitimate
More later
Jay
LOD @ 11;15 today
Its very possible we have hit the LOD at 10:30 as projected on Friday
and again this AM before the open
I did sell out my put positions for about a 26% gain from Friday
NOW what to do next ?
I still have some buying power and I might put it to use at 1;15pm.
there should be a rebound into that slot.
according to my propensity index which opened today at 2906, DOWN from 3023 on Friday
Jumps up today to 3012, then fALLS again into tomrrows open at 9:45 where the
HOURLY meets the road > {g} just a little humor
NOTICE HOW GLD bounced a the OPEN from 92.22 to 93.60 a gain of $1.38 on the
DOW drop of 155 pts then fell off now at 11am @ 91.67 which is - $.96
NOW that we have CONFIRMED that GOLD is running in EXACT inverse to equities,
we can now use the GLD to make $ also on gold trading with some degree of accuracy.
I noticed the contra relationship since the HIGH of FEB 23rd at $1000,
and it is running with consistency since then.
WITH THE drop of GLD after the open leads me to confirm
my outllook for a rebound in stocks intrday.
its now 10:40 and the dow is still dropping to the 10:43 time slot at moon 90 Mercury
SPX to 715 and dow to 6889
Update at 11am SPX at 714.96- wow, how close can you get?
OH well now its 713.21 low so far and were coming up on 11;15 & 120bars
120b cycle at 11;15 which might provide the TURN UP
thats ALSO a typical hourly turn time
SOME Elliotters JUMPED OUT FRIDAY
and are calling for a LOW today or TOMRROW
DONT BELIEVE them~~~March 10th is IT
WHY??, you ask- good question
I dont want to get too far ahead, but new info has come to my attention
Just when you think thres Nothing NEW you can learn, it pops into your face.
ITS the 250 tr day cycle
March 10th 2008 to March 10th 2009 = 251 tr days
dont forget that Ive adjusted for 2 half days in Nov & Dec each year
the cycle calls for 247 to 254 tr days & the MIDDLE is 250 &1/2
Another mathematic relationship
248 tr days / 8 = 31
both of those are Murrey math #s.
noting that we have a MMath level of 723 - 8 = 715 at 11 am right NOW
If that breaks then 707 is next then 699 -- which ive alrady menioned b4
More Later
Jay
and again this AM before the open
I did sell out my put positions for about a 26% gain from Friday
NOW what to do next ?
I still have some buying power and I might put it to use at 1;15pm.
there should be a rebound into that slot.
according to my propensity index which opened today at 2906, DOWN from 3023 on Friday
Jumps up today to 3012, then fALLS again into tomrrows open at 9:45 where the
HOURLY meets the road > {g} just a little humor
NOTICE HOW GLD bounced a the OPEN from 92.22 to 93.60 a gain of $1.38 on the
DOW drop of 155 pts then fell off now at 11am @ 91.67 which is - $.96
NOW that we have CONFIRMED that GOLD is running in EXACT inverse to equities,
we can now use the GLD to make $ also on gold trading with some degree of accuracy.
I noticed the contra relationship since the HIGH of FEB 23rd at $1000,
and it is running with consistency since then.
WITH THE drop of GLD after the open leads me to confirm
my outllook for a rebound in stocks intrday.
its now 10:40 and the dow is still dropping to the 10:43 time slot at moon 90 Mercury
SPX to 715 and dow to 6889
Update at 11am SPX at 714.96- wow, how close can you get?
OH well now its 713.21 low so far and were coming up on 11;15 & 120bars
120b cycle at 11;15 which might provide the TURN UP
thats ALSO a typical hourly turn time
SOME Elliotters JUMPED OUT FRIDAY
and are calling for a LOW today or TOMRROW
DONT BELIEVE them~~~March 10th is IT
WHY??, you ask- good question
I dont want to get too far ahead, but new info has come to my attention
Just when you think thres Nothing NEW you can learn, it pops into your face.
ITS the 250 tr day cycle
March 10th 2008 to March 10th 2009 = 251 tr days
dont forget that Ive adjusted for 2 half days in Nov & Dec each year
the cycle calls for 247 to 254 tr days & the MIDDLE is 250 &1/2
Another mathematic relationship
248 tr days / 8 = 31
both of those are Murrey math #s.
noting that we have a MMath level of 723 - 8 = 715 at 11 am right NOW
If that breaks then 707 is next then 699 -- which ive alrady menioned b4
More Later
Jay
STill on track today
Expecting a LOW at 10;30
rebound after till 1pm then lower again till close
which might only match the 10:30 low
However there is ONE more OPP for lower low Tuesday at 9:45
the typical hourly for such but its ALSO 180 bars
So, a day trader could
Sell their short positions at 10;30
and buy then back at 1 to 1:15 pm
and close then out again at 9:45 Tuesday
Question, but you dont have to answer
This wkend and Today are astro STRESS days
ANYONE FEEL IT or get into family stress related situations?
Tuesday's reading calls for STRESS to FADE away
WEd however BRINGS IT BACK-
Thursday calls for CONFLICTS & Upsets so get ready for more
Friday read calls for a CHANGE & Fortunate trends
Power index calls for a LOW on Thursday
and astro agrees with a moon 180 Pluto at 11;17
along with 23.6% / 13 day cycle @ 10:55
AND 90 bars @ 11:45 which could easily truncate to 11am
the HOURLY time slot
SO,the ONLY days that have ANY upside shots this week is
TUESDAY and FRIDAY
BOTH offer GREAT opps to get short again on previously closed short positions
friday because of the DEEPER LOWS due on the 10th
More Later
Jay
rebound after till 1pm then lower again till close
which might only match the 10:30 low
However there is ONE more OPP for lower low Tuesday at 9:45
the typical hourly for such but its ALSO 180 bars
So, a day trader could
Sell their short positions at 10;30
and buy then back at 1 to 1:15 pm
and close then out again at 9:45 Tuesday
Question, but you dont have to answer
This wkend and Today are astro STRESS days
ANYONE FEEL IT or get into family stress related situations?
Tuesday's reading calls for STRESS to FADE away
WEd however BRINGS IT BACK-
Thursday calls for CONFLICTS & Upsets so get ready for more
Friday read calls for a CHANGE & Fortunate trends
Power index calls for a LOW on Thursday
and astro agrees with a moon 180 Pluto at 11;17
along with 23.6% / 13 day cycle @ 10:55
AND 90 bars @ 11:45 which could easily truncate to 11am
the HOURLY time slot
SO,the ONLY days that have ANY upside shots this week is
TUESDAY and FRIDAY
BOTH offer GREAT opps to get short again on previously closed short positions
friday because of the DEEPER LOWS due on the 10th
More Later
Jay
Sunday, March 01, 2009
Radical trading
Could be WORSE than I imagined
HERES a HYPOTHESIS from Steven Rock at the Crystal ball group
IF IF IF 2000-2002 was an A wave of a FLAT correction (since the '07 top is basically the same as the '00 top) then we are (roughly) in the C=A area right now. BUT if C extends to 1.618 *A in nominal terms you're looking at an SPX in the very low 300's:
Wave A (max using '02 low, not 3/03) = 1552.87-768.83 = 784.04
784.04*1.618 = 1268.60
Wave C = 1576.09-1.618*A = 1576.09-1268.60 = 307.49
As bad as that is, what really spooks me is this natural log calculation:
The entire ABC measured in natural logs from the 2000 top of 1552.87 to the (ugh) C target of 307.49 is........
1.619!!!
Sounds coincidental and alarmist, right? Well.....
Consider the entire advance in the SPX from the October '74 low of 60.96 to the 2000 top of 1552.87.
That's a natural log move of 3.23764...which is twice 1.6188!
So, the (ugh) move to 307 is ALSO an EXACT 50% retrace (in ln) of the move from '74-'00! AND 307 is less than 3 points off the 80.9% (half of 161.8%) retrace in nominal terms of the entire advance from the 1932 low to the 2007 top!
Less impressive perhaps are the facts that when square roots of prices are used, the 307 level marks the 61.5% retrace of the advance from the 1949 low to the 2007 top, and in natural logs, 307 is 99% close to the 61.8% retrace target for the 1982-2007 advance.
Unfortunately, there are even some calculations within the move down from the '07 top which point to the same area...for instance, the ln move from the May 2008 top will be 1.618^4 times the initial move from the October 2007 to the March 17 2008 bottom at 305.50 (perhaps in EW terms making the net move of waves 3-5 a Fibonacci 6.854 ln multiple of wave 1). But you can fiddle around with "scenarios" all day without hitting upon the path the market is actually going to take. Not necessarily an endeavor of futility, but perhaps one which can alert you to the possible importance of certain levels.
Of course, we've all seen calculations like these fall by the wayside as the market forges through time, but at least, if that 307 level was met, you'd have some reasons to believe the worst was over, and could act accordingly.
Best,
Rock
More later
Jay
IF IF IF 2000-2002 was an A wave of a FLAT correction (since the '07 top is basically the same as the '00 top) then we are (roughly) in the C=A area right now. BUT if C extends to 1.618 *A in nominal terms you're looking at an SPX in the very low 300's:
Wave A (max using '02 low, not 3/03) = 1552.87-768.83 = 784.04
784.04*1.618 = 1268.60
Wave C = 1576.09-1.618*A = 1576.09-1268.60 = 307.49
As bad as that is, what really spooks me is this natural log calculation:
The entire ABC measured in natural logs from the 2000 top of 1552.87 to the (ugh) C target of 307.49 is........
1.619!!!
Sounds coincidental and alarmist, right? Well.....
Consider the entire advance in the SPX from the October '74 low of 60.96 to the 2000 top of 1552.87.
That's a natural log move of 3.23764...which is twice 1.6188!
So, the (ugh) move to 307 is ALSO an EXACT 50% retrace (in ln) of the move from '74-'00! AND 307 is less than 3 points off the 80.9% (half of 161.8%) retrace in nominal terms of the entire advance from the 1932 low to the 2007 top!
Less impressive perhaps are the facts that when square roots of prices are used, the 307 level marks the 61.5% retrace of the advance from the 1949 low to the 2007 top, and in natural logs, 307 is 99% close to the 61.8% retrace target for the 1982-2007 advance.
Unfortunately, there are even some calculations within the move down from the '07 top which point to the same area...for instance, the ln move from the May 2008 top will be 1.618^4 times the initial move from the October 2007 to the March 17 2008 bottom at 305.50 (perhaps in EW terms making the net move of waves 3-5 a Fibonacci 6.854 ln multiple of wave 1). But you can fiddle around with "scenarios" all day without hitting upon the path the market is actually going to take. Not necessarily an endeavor of futility, but perhaps one which can alert you to the possible importance of certain levels.
Of course, we've all seen calculations like these fall by the wayside as the market forges through time, but at least, if that 307 level was met, you'd have some reasons to believe the worst was over, and could act accordingly.
Best,
Rock
More later
Jay
Saturday, February 28, 2009
THANKS for signing in
HI Pauline
Nice pic
I love sunsets
I use many as screen savers
I know theres a lot more of you who are not signed in yet
Please do so
I do not intend to turn this blog into subscriptions if you happened to be concerned about it
AND theres NO way I would sell your info even if i could.
If you have any other questions, just send me an email
jaywiz10534@comcast.net
When I place my outlook here, it helps me gather my thoughts and organize my data
so Im not just helping you folks, it works for me too
Thanks again
Jay
Nice pic
I love sunsets
I use many as screen savers
I know theres a lot more of you who are not signed in yet
Please do so
I do not intend to turn this blog into subscriptions if you happened to be concerned about it
AND theres NO way I would sell your info even if i could.
If you have any other questions, just send me an email
jaywiz10534@comcast.net
When I place my outlook here, it helps me gather my thoughts and organize my data
so Im not just helping you folks, it works for me too
Thanks again
Jay
heres another view
Looks Even worse from this view
If 750 is the MAKE OR BREAK
then 1/2 of that is 375 and dow 4000 at some point
Ive got 2011
BUT in the MEAN times we might see a 50% level at 590
which has been mentioned b4
That puts a picture to the words
More Later
Jay
In case you didnt notice this
NOT a PRETTY picture at all
Final target could be dow 4000 in 20111
but for now it looks like 6000 might hold in June
more later
Jay
Friday, February 27, 2009
BACK on TRACK
got some errands to do
BOT in at 11am
Low hit -140 at 9;45am
Rebounded to -45 @ 11am
then turned down on the 11am HOURLY turn
Jerry R has mentioned 704 many times but we might look for 699
just to give an added scare -- AHAH
I mentioned it b4 and again NOW
MONDAY has a 13 day CYCLE completion at
10:30 along with a couple of lunar squares with merc & Mars
Also got 120 bars @ 11am
spx 700 would take the dow to 6700
thats getting scary
WHY/
because I still have Mid June on my radar screen for
a MORE important and LOWER low
HOW LOW, you ask, I cant answer that just yet
BUT -Ive seen spx estimates at 590
that would take the dow to just under 6000
More heads will roll on Wall Street with that one
The BEST part of that June low is a possible DOUBLING within
9 months following to dow 12,000
WE WILL MAKE A TON of $$ on that one
Hourly turns still as USUAL
1pm
3pm
BOT in at 11am
Low hit -140 at 9;45am
Rebounded to -45 @ 11am
then turned down on the 11am HOURLY turn
Jerry R has mentioned 704 many times but we might look for 699
just to give an added scare -- AHAH
I mentioned it b4 and again NOW
MONDAY has a 13 day CYCLE completion at
10:30 along with a couple of lunar squares with merc & Mars
Also got 120 bars @ 11am
spx 700 would take the dow to 6700
thats getting scary
WHY/
because I still have Mid June on my radar screen for
a MORE important and LOWER low
HOW LOW, you ask, I cant answer that just yet
BUT -Ive seen spx estimates at 590
that would take the dow to just under 6000
More heads will roll on Wall Street with that one
The BEST part of that June low is a possible DOUBLING within
9 months following to dow 12,000
WE WILL MAKE A TON of $$ on that one
Hourly turns still as USUAL
1pm
3pm
WHEN to BUY puts
As I mentioned yesterday , Im buying puts on each rally
its called scale trading
Monday has the 13 day cycle completion at
10;30am along with a couple of lunar squares with mars & mercury
SPX 704 could be closer than we think
Today STILL has a TURN LOWER at 1pm most likely
IF not then 3pm is next turn as mentioned yesterday.
Its now 10;45 & dow is off 75, about 505 better than the open
The only thing I didnt take into account mid day
YESTERDAY was a much lower open
However, it was somewhat obvious if you looked at the OBV , and
MACD at yesterday's CLOSE
Bradley probably hit yesterday at spx 780
More Later
Jay
its called scale trading
Monday has the 13 day cycle completion at
10;30am along with a couple of lunar squares with mars & mercury
SPX 704 could be closer than we think
Today STILL has a TURN LOWER at 1pm most likely
IF not then 3pm is next turn as mentioned yesterday.
Its now 10;45 & dow is off 75, about 505 better than the open
The only thing I didnt take into account mid day
YESTERDAY was a much lower open
However, it was somewhat obvious if you looked at the OBV , and
MACD at yesterday's CLOSE
Bradley probably hit yesterday at spx 780
More Later
Jay
that certainly was premature
GDP now out &
openning looks very weak, thus I will have to short any rebound at 11am
Looks like 780 spx yesterday was the Bradley TURN
after all it is + or - a day
Jay
openning looks very weak, thus I will have to short any rebound at 11am
Looks like 780 spx yesterday was the Bradley TURN
after all it is + or - a day
Jay
RALLY OPEN - BUT
I will be SHORTING or buying puts on the OPEN rally
the SPOOS FUTURES are - -9.80 at 8am
but the GDP report is not out yet
activity index and Flux index show a STRONG OPEN
I will not be waiting till 3pm
Above chart shows MICRO 5 has BEGUN
todays open rally is just a nino wave 2
More later
Jay
Thursday, February 26, 2009
Friday Feb 27th
My proprietary indexes are reading SELL
Date--Ad ratio -Vol ratio --- 5 day arms---5day A/D ave--5 day vol ave--TRIn5-----trin 10
2/23------- 206 ------195------ 212--------41------------39--------506-----1511 = BUY
2/26 -------797-------1531------ 88---------159----------306-------392-------997 = SELL
Once more, tomrrow is a Bradley date and could offer a high for the week
BUT it wont make it thru the day according to the propensity gauge which
starts out at 3017, RUNS up to 3023, then takes a dive to 3016 and might
even be lower as it progresses during the night.
The SAME or similar events took place on the 25th
it started at 3014, ran up to 3020, then fell to 3008
the mkt opened lower -190
then spent all day recovering and topping at 3:15pm @+45 dow
then fell to -80 as previously indicated by the propensity index.
the ACTIVITY of the Dow on the 25th was the exact opposite of today.
The POWER index for tomrrow indicates a potential to open little lower
then spend all day in recovery mode till 3;04pm where
there is a Moon 60 Jupiter
remember the 25th~ there was a moon 30 mars at 3:16 just as the dow hit +45
on wed.then fell to -80 inthe LAST 45 minutes
I suppose ONE of the best way t handle buying puts tomrrow is possibly
to SCALE TRADE - in other words, add more on each rally
Other than that, I will look for the hourly high with the Mars 45 pluto
at 1pm, and then 3 pm as above
The Bar cycles are
30B @ 10am - could be the Low of the AM
60b @ 12;30
90b @ 3pm
these seem to be in conflict with the hourly
however, using the 25th as an example
10am was the low
turned UP at 11am
turned Up at 1pm
turned up at 3pm & topped at 3;16
We could have a very similar day tomrrow
Thats consistent with the bradely index offering the High of the week
or at least a match to spx 780- ONE MORE TIME, baby <>
that wouldd give the Micro 4th the form of an A B C D E F
I will be watching the activity and dynamic index to identify micro moves
during the day
ONE THING I KNOW FOR CERTAIN - the last hour will DECLINE
And Monday will CONTINUE the drop
I guess I shouldnt write that as NOTHING is for certain other than you know what.
More Later
Jay
Date--Ad ratio -Vol ratio --- 5 day arms---5day A/D ave--5 day vol ave--TRIn5-----trin 10
2/23------- 206 ------195------ 212--------41------------39--------506-----1511 = BUY
2/26 -------797-------1531------ 88---------159----------306-------392-------997 = SELL
Once more, tomrrow is a Bradley date and could offer a high for the week
BUT it wont make it thru the day according to the propensity gauge which
starts out at 3017, RUNS up to 3023, then takes a dive to 3016 and might
even be lower as it progresses during the night.
The SAME or similar events took place on the 25th
it started at 3014, ran up to 3020, then fell to 3008
the mkt opened lower -190
then spent all day recovering and topping at 3:15pm @+45 dow
then fell to -80 as previously indicated by the propensity index.
the ACTIVITY of the Dow on the 25th was the exact opposite of today.
The POWER index for tomrrow indicates a potential to open little lower
then spend all day in recovery mode till 3;04pm where
there is a Moon 60 Jupiter
remember the 25th~ there was a moon 30 mars at 3:16 just as the dow hit +45
on wed.then fell to -80 inthe LAST 45 minutes
I suppose ONE of the best way t handle buying puts tomrrow is possibly
to SCALE TRADE - in other words, add more on each rally
Other than that, I will look for the hourly high with the Mars 45 pluto
at 1pm, and then 3 pm as above
The Bar cycles are
30B @ 10am - could be the Low of the AM
60b @ 12;30
90b @ 3pm
these seem to be in conflict with the hourly
however, using the 25th as an example
10am was the low
turned UP at 11am
turned Up at 1pm
turned up at 3pm & topped at 3;16
We could have a very similar day tomrrow
Thats consistent with the bradely index offering the High of the week
or at least a match to spx 780- ONE MORE TIME, baby <
that wouldd give the Micro 4th the form of an A B C D E F
I will be watching the activity and dynamic index to identify micro moves
during the day
ONE THING I KNOW FOR CERTAIN - the last hour will DECLINE
And Monday will CONTINUE the drop
I guess I shouldnt write that as NOTHING is for certain other than you know what.
More Later
Jay
Another PIC -
OK This shows that LAST hurrah
There was ONE MORE leg Up which came today at 11am
and ONE MORE TOMORRW till 1pm
THEN the start of MICRO 5
THANKS to Ibo who is signed in as a FOLLOWER
Many thanks to those who have signed in,
and to those who intend to do so
Activity index was hard to follow today
too many small blips
same for dynamic index also
In other words there was NO CLEAR direction from those data feeds
some days are just not as clear as others -
so what else is new{{G}}
WHAT IS CLEAR THE NEXT WAVE IS HEADED LOWER to SPX 704
And it will be seen on MARCH 10th
More later
Jay
STill on track today
Got the
open high made it to 10:50am
11am hourly TURN DOWN RIGHT ON SCHEDULE
Now its 12;30 and they are DIVING
now only up 20pts
The NEXT important time slot
is as reported 258bars @ 2pm
NOTE :: NOT OFTEN AT ALL , BUT
SOMETIMES the 258 bar cycle starts the NEXT cycle LOWER
Now the KEY here is the 258 bars
ENDS one cycle and USUALLY allows the mkt
to rebound from there as it did until 2;30
So we have to be VERY aware of what level
we get to at 2pm
Also NOTE that GOLD BOTTOMEd at 10;45 exactly
at the Dow high
and is now moving back up in lock step
inverse to stocks
More Later
Jay
OK its NOW MORE later time
ITS NOW 3;40pm and they appear to be recovering from the
3:00 to 3:15 pm LOW
off now only 37pts
The 258 bar cycle on occasion ALSO extends 12 bars
or one hour beyond its normal ending such as today
POWER INDEX for tomorrow peaks MID DAY at the 600 level
keep in mind those levels start at 250 and get as high as 800
so 600 is quite a bit up there
NoW no more {G}
Jay
open high made it to 10:50am
11am hourly TURN DOWN RIGHT ON SCHEDULE
Now its 12;30 and they are DIVING
now only up 20pts
The NEXT important time slot
is as reported 258bars @ 2pm
NOTE :: NOT OFTEN AT ALL , BUT
SOMETIMES the 258 bar cycle starts the NEXT cycle LOWER
Now the KEY here is the 258 bars
ENDS one cycle and USUALLY allows the mkt
to rebound from there as it did until 2;30
So we have to be VERY aware of what level
we get to at 2pm
Also NOTE that GOLD BOTTOMEd at 10;45 exactly
at the Dow high
and is now moving back up in lock step
inverse to stocks
More Later
Jay
OK its NOW MORE later time
ITS NOW 3;40pm and they appear to be recovering from the
3:00 to 3:15 pm LOW
off now only 37pts
The 258 bar cycle on occasion ALSO extends 12 bars
or one hour beyond its normal ending such as today
POWER INDEX for tomorrow peaks MID DAY at the 600 level
keep in mind those levels start at 250 and get as high as 800
so 600 is quite a bit up there
NoW no more {G}
Jay
SO far SO good
We got the Obligatory rally of 100 dow points
at 10am
11am should offer the TURN lower to
the 228 bar cycle at 11;30am
In case you want more info about BAR cycles
Scroll back though the archives to find an
explanation that I wrote b4
10;30, DOW now back up 103 again
adding more puts on each rally
GOLD got away from me as I sold my puts yesterday
I will re buy them on any rebound, which may not come at all
any decline in the dow should offer a rebound in
gold as they are trading inverse to each other
So be it
more later
Jay
at 10am
11am should offer the TURN lower to
the 228 bar cycle at 11;30am
In case you want more info about BAR cycles
Scroll back though the archives to find an
explanation that I wrote b4
10;30, DOW now back up 103 again
adding more puts on each rally
GOLD got away from me as I sold my puts yesterday
I will re buy them on any rebound, which may not come at all
any decline in the dow should offer a rebound in
gold as they are trading inverse to each other
So be it
more later
Jay
Holding pattern
Next 2 days we are in a HOLDING Pattern
Micro wave 4 seem to be extending into
Friday Feb 27th, A Bradley date
Im later than I wanted to be this AM -
family issues took precedence
Its NOW 9;15am & futures are pointing toward a higher open
Because 204bars HIT at 4pm, at the close, then it offers the
market an OPPORTUNITY to REBOUND this am
Maximum Spx 780 to 790
For DAY TRADERS -Any OPEN rally could be Shorted
228 BARS LOW is now @ 11:30am
258Bars LOW @ 2pm
SO today we have
UP- DOWN - Up at close
Hourly today
9:45 to 10am might offer the HOD
11- 1 pm 3 pm
same as usual
Tomrrow is a BRADLEY TURN as mentioned 4
Should offer a HIGH at 1pm
Mars 45 pluto @ 12;50pm
That could turn out to be as good a short as
Nov 13th high which led to the Nov 20th LOW
THIS TIME its A MARCH 10th LOW
that is ON the RADAR screen
I did well with GLD puts and will try again
to rebuy those puts at a lower price
On the $50 gold drop- the put went from $2.28 to 3.83
Gold appears to be running opposite to equities
yesterday we got that 3;16 HOD
Moon 30 Mars right at the moment
And the 3pm hourly turned UP on schedule
also
11 am & 1pm BOTH turned UP
more later
Jay
Micro wave 4 seem to be extending into
Friday Feb 27th, A Bradley date
Im later than I wanted to be this AM -
family issues took precedence
Its NOW 9;15am & futures are pointing toward a higher open
Because 204bars HIT at 4pm, at the close, then it offers the
market an OPPORTUNITY to REBOUND this am
Maximum Spx 780 to 790
For DAY TRADERS -Any OPEN rally could be Shorted
228 BARS LOW is now @ 11:30am
258Bars LOW @ 2pm
SO today we have
UP- DOWN - Up at close
Hourly today
9:45 to 10am might offer the HOD
11- 1 pm 3 pm
same as usual
Tomrrow is a BRADLEY TURN as mentioned 4
Should offer a HIGH at 1pm
Mars 45 pluto @ 12;50pm
That could turn out to be as good a short as
Nov 13th high which led to the Nov 20th LOW
THIS TIME its A MARCH 10th LOW
that is ON the RADAR screen
I did well with GLD puts and will try again
to rebuy those puts at a lower price
On the $50 gold drop- the put went from $2.28 to 3.83
Gold appears to be running opposite to equities
yesterday we got that 3;16 HOD
Moon 30 Mars right at the moment
And the 3pm hourly turned UP on schedule
also
11 am & 1pm BOTH turned UP
more later
Jay
Wednesday, February 25, 2009
oops
OK, They didnt even wait for tomrrow
looks like 204 bars hit at close today
As previously mentioned a few times
Tommorrow does NOT look like it will repeat today
has negative astro energy, and should be a DOWN DAY ALL DAY
Friday is a BRADLEY date and it looks like it could recover from Thursday
THE MICRO wave 4 might have completed today at 3;16pm
thus we have to think in terms of WAVE 5 which might
have started today at 3;16pm, after the HOD
Also as mentioned several times
March 10th has the potential to
be the LOW of that 5th wave
and the SPX could get to 704
thats almost 80- pts from today's HOD
= to 650 dow points thus putting that index at 6750
What do you think the talkers are CNBC are going to say
about Obama's programs
Thats RIGHT, you guessed it
**********ITS NOT WORKING******
You must realize, EVEN if THEY DONT --
CNBC comments are turning out to be worse for the
market than the previous admin blunders
I guess they NEED someone to blame for their
OWN STUPIDITY
anyway back to the market, now that ive let out a little steam
AFTER MARCH 10th we should see a substantial rally till
at least the end of the month , but there appears to be MORE
devastation to come
and Ive mentioned June13th several times also
How low is LOW??
Doesnt really matter right now-
I dont want to get to far ahead,
but I do want you to realize
that 60 year cycle LOW from 1949 didnt go away
I put that chart up a while ago, and will post it again
shortly as a reminder
More Later
Jay
looks like 204 bars hit at close today
As previously mentioned a few times
Tommorrow does NOT look like it will repeat today
has negative astro energy, and should be a DOWN DAY ALL DAY
Friday is a BRADLEY date and it looks like it could recover from Thursday
THE MICRO wave 4 might have completed today at 3;16pm
thus we have to think in terms of WAVE 5 which might
have started today at 3;16pm, after the HOD
Also as mentioned several times
March 10th has the potential to
be the LOW of that 5th wave
and the SPX could get to 704
thats almost 80- pts from today's HOD
= to 650 dow points thus putting that index at 6750
What do you think the talkers are CNBC are going to say
about Obama's programs
Thats RIGHT, you guessed it
**********ITS NOT WORKING******
You must realize, EVEN if THEY DONT --
CNBC comments are turning out to be worse for the
market than the previous admin blunders
I guess they NEED someone to blame for their
OWN STUPIDITY
anyway back to the market, now that ive let out a little steam
AFTER MARCH 10th we should see a substantial rally till
at least the end of the month , but there appears to be MORE
devastation to come
and Ive mentioned June13th several times also
How low is LOW??
Doesnt really matter right now-
I dont want to get to far ahead,
but I do want you to realize
that 60 year cycle LOW from 1949 didnt go away
I put that chart up a while ago, and will post it again
shortly as a reminder
More Later
Jay
WHATS next
its 2pm
TODAY so far
144 bars LOW at 10:45
184 bars at 2:15
bar counts are not what is normally expected
BUT
still falling into zones CLOSE to where they should be
Hourly
11am TURNED Up
Anyone get hungry?, I did
1pm TURNED UP
got hungry again ~~ anyone else get hungry??
78.6%/13 day cycle was due at 11:45
we had lows at 10:45 & 12:45
HMmmm???
GOLD STILL falling and should continue to get to $900
by March 6th
IMPORTANT cycle
204 BARS at either 4pm OR open
How does that work? you ask
IF we close at or near previous highs TODAY
then the Market should open STRAIGHT DOWN with a BANG
Astro wise
soft aspect @3;16 pm Moon 30 Mars
After hours is also SOFT with Merc 60 Venus
I Ate something, but Im still hungry- hmmm
the above was written at 2:41pm on my email
Now heres the REST OF THE STORY
3;16 GOT the HOD, so far as indicated above
IF the CLOSE is HIGHER or NOT - just a simple idea
SHORT THE CLOSE
ITs now 3;45
Power index dropping
Activity index dropping
Dynamic index now dropping
Main Gauge DROPS hard
26th -OPEN should be A straight LINE DOWN
More later
Jay
TODAY so far
144 bars LOW at 10:45
184 bars at 2:15
bar counts are not what is normally expected
BUT
still falling into zones CLOSE to where they should be
Hourly
11am TURNED Up
Anyone get hungry?, I did
1pm TURNED UP
got hungry again ~~ anyone else get hungry??
78.6%/13 day cycle was due at 11:45
we had lows at 10:45 & 12:45
HMmmm???
GOLD STILL falling and should continue to get to $900
by March 6th
IMPORTANT cycle
204 BARS at either 4pm OR open
How does that work? you ask
IF we close at or near previous highs TODAY
then the Market should open STRAIGHT DOWN with a BANG
Astro wise
soft aspect @3;16 pm Moon 30 Mars
After hours is also SOFT with Merc 60 Venus
I Ate something, but Im still hungry- hmmm
the above was written at 2:41pm on my email
Now heres the REST OF THE STORY
3;16 GOT the HOD, so far as indicated above
IF the CLOSE is HIGHER or NOT - just a simple idea
SHORT THE CLOSE
ITs now 3;45
Power index dropping
Activity index dropping
Dynamic index now dropping
Main Gauge DROPS hard
26th -OPEN should be A straight LINE DOWN
More later
Jay
Register as FOLLOWER
My deep thanks to those who registered as a follower
I know there are lots more of you out there who read me almost daily and
I would really like to know you are there.
ge aware - I have no plans to make this blog a subscription only site.
Ravi has corrected my math and it looks like 790 is first micro wave 4 target
maybe before noon today, then it looks like selling into tomrrow
BUT friday still has potential to make it to spx802
From there, It looks like March 10th holds the next lower level
for major major support at spx 704
that would take the Dow to 6500 area
More later
Jay
I know there are lots more of you out there who read me almost daily and
I would really like to know you are there.
ge aware - I have no plans to make this blog a subscription only site.
Ravi has corrected my math and it looks like 790 is first micro wave 4 target
maybe before noon today, then it looks like selling into tomrrow
BUT friday still has potential to make it to spx802
From there, It looks like March 10th holds the next lower level
for major major support at spx 704
that would take the Dow to 6500 area
More later
Jay
Subscribe to:
Posts (Atom)