ALTERNATION

Propensity index NOW shows the WAY
It rises in the AM and falls in the Afternoon

UP open till 9:45 and or 11am should LEAD to SELLING and LOWER CLOSE at 4pm

Tech level of support is FIRM at 866/870 spx
that would give us a dow of 8142

As mentioned BEFORE, today is 144 tr days from Oct27th,
which was a very important turn date.
the close of Oct 27 combined a 55% of my 13 day cycle AND an 8day cycle LOW

Well guess what we have TODAY
a COMBO of the 50%/13 day cycle low & an 8day low RE VISITED
granted the 50%/13 is due at 2pm, but I did mention that cycles can be extended.

ps;
please keep in mind that I need to review about 40 different variables
BEFORE I write these reports

More Later
Jay

May 22nd

So what can we glean for tomrrow ?
good question

Power index shows a possible LATE pick up, but we really shouldnt see that after today's later recovery-
Market does prefer to ALTERNATE as Elliotters very well know.

Propens index is not quite complete for tomorrow yet so the outcome is still in question there, but it does show a STEEP decline at open
& Polarity is now negative

I will UPDATE in the AM so we will have time to know what to do;

Jaywiz index = 25 TODAY and yesterday was a 31 - both NOT extremly so , but bearish anyway.

Todays ARMS index was only 1.28
there were NO SELL signals, and so far no buy signals from the
internals generated from the daily arms index

PC ratios are not screaming much today= neutral

May 20th was an 8 day HIGH and so it was
making May21st the 9 day TURN DOWN, and so it was
May22nd is 144 tr days from OCT 27th / 4 = 36 or / 8 = 18
making it the 8day LOW point , and that means on close

as written yesterday we have some prelim data indicating a low close, but
will have better data feeds in the am
see yuh then
Jay

BEARS Rejoice

Whats NEXT?
Down as previously indicated for a low on the 22nd

How low is low?
870 = Dow under 8230
840 = Dow @ 8000

Spx hit 924.50 at 10am yesterday and fell off, Specifically AFTER the 3pm HOURLY turn
and the DOW for one Second hit above May8th high of 8588 @ 8591 yesterday

Took an extra 2 days which frustrated all bears, but NOW we have our day
HOWEVER< dont BASK in the doom & gloom
AS previously mentioned several times
GET READY TO BUY THE FRIDAY LOW OF MAY 22nd- once again- sorry Tim

Vix under 30 for 2days
Jaywiz INDEX finally came off high #s @ 31 yesterday- not a screaming sell, BUT
The previous 2 days have been above 100, and all that got was CHURNING at a high

Dow at 8590, closed at 8422 = a LOSS of 168 pts
and NOW at 9:45 am is off another 100+ pts to 8300

Theres NO doubt in my outlook that we will get under 8235 of last Friday's low
and spx under 880 of last Friday also

SO,
at a MINIMUM , we should get to the numbers posted above at 870 & 8230
And thats NOT very far from dow 8000 & 840

IN ADDITION
VHF is under 5, but IS ACTIVE during trading hours. = a down day
Activity index dropped from 200 b4 open and is now at 100
Flux shows NO activity = a down day
Power index after having been at 600 yesterday drops to 425 tomrrow

Prop index was at 3000 yesterday, and has dropped to 2989
even with the mkt attempting to rally, it never went above 3000 during the last 2 days

Note yesterday's action
10am HIGH
11am on the slide
1pm low
3pm high
You get the picture, right
did yu notice the 2pm SHARP dip on 120bars AND 126 bars at 2;30- amazing
AND of coure the 3pm TURN lower
__________________________________
Ok , i will lay out next 2 days
Today
150bars @ 10:00 was off 130 @ Dow 8295 & spx 892
now off 140 and its not yet 10;30 @ 156bars
next is
180 bars at 12;30
204bars at 2:30
and of course watch the hourly hits
11am-1pm & 3pm
_____________________________

Friday
228 b @ 10am
258b@ 12;30- could extend to the 30 bar cycle in the next series at 3pm
which is ALSO an hourly turn
S 45* V at 3;44 has a light hearted reading, but nothing after to keep it up

50% of 13 day cycle low due at 2pm would = 276 bars
or might get to 3pm at @ 30 bars in a new cycle = 290bars
And keep in mind, we have seen the 13 day cycle hit an hour early OR an hour late
depending on surrounding circumstances such as natural energy forces.

Even 312 bars at 4pm might be a truncated 329 bar cycle

________________________________
I WILL BE BUYING at 3pm, and or CLOSE tomorrow

I wont lay it out for you but there is NATURAL HIGH ENERGY ALL next week
which should lead to an END OF MONTH high at spx 940 or above

As of June1st Merc goes DIRECT and that is very consistent with market TURNS

its now 10:25am
sorry about yeterday, there was really nothing to do, but wait for the fall
THANKS for all the comments - pos & neg ones
More Later
Jay

You can SEE quite clearly from this 10day / 15 min SPX chart
that the mkt is just about ready to roll over

Look at the 3 lower studies
1. is OBV
2. is MACD
3. is Ult oscillator

more later
Jay

CURRENT VIEW

LOOKS LIKE A BACK KISS Filling the GAP from LAST week

Now that wave "A" is really complete, we should see a deeper drop in wave "B"

and MY target is STILL Friday at 2pm

ONE DAY LATE - thats going to be my new mantra
and for some one who understands the psych of aspects this is becoming un excusable
Dont worry, Ive been beating myself up without your help
high Energy dissipates after 10:23 am

Couple of details
CNBC keeps on telling us that the consensus says they are expecting a decline,
BUT Then they turn it around to say the mkt wont accomodate
which really means they think the rally will continue

TICK closed on a HIGH + 1059 = bearish
VOLUME yesterday 1.4 bil = bearish
CBOE pc ratio = 78 = bearish
SPDR = 1.42 = neutral
oex pc ratio = 1.13 = neutral
_________________________

Prop indx drops at open, but doesnt give up much later
for tomrrow, it also wants to hold its own and not give up much either
power index agrees , but gives it up on Ths & Fri

midnite hige tide tonight
New moon this wkend

Dollar and stocks seem inverted, which means that gold & stocks should track,
other than yesterday, it doesnt seem to be working - YET.

Moon 0Uranus at noon today
258bars at 10;30
30b @ 1pm
60b@ 3;30

more later
Jay

More Long term

Another LONG TERM VIEW

Unprecedented # of MONTHS under the trend line

NOT a pretty picture for long term, and supports the idea for Dow 4000 by 2012

Jay

Long term view

A LONG TERM VIEW FROM ETHAN
Thanks, Ethan

DOW 4000 by late 2011 or early 2012

Jay

Tim's latest chart

As previously MENTIONED, I am STILL looking for a PIVOT LOW on May22nd at 2pm

Tim's chat above shows a pivot low as potential on May21st at noon

We are getting much closer to each others projections !!

He also projects June2nd on another chart as a HIGh and Ive been quoting June3rd.

Not bad for 2 analysts using TOTALLY different methods to arrive at very similar conclusions

Tim, whats going on at your new website?
cant log in
Jay

Sunday Update

PRELIM data

Prop ind & power index both show Monday to be an off day
most likely to hit a low once more at 3pm, and or close
Its showing a DOWN/UP/ DOWN type day

some call it a RED day high to low

Tuesday shows a possible strong up open, but I dont have enuf data for later yet
BUT midday low possibly around noon

More Later
Jay
Ok Its now later [g} 3:30pm

times for Monday

14.6% fibo segment/13day cycle low at 9:50am
180Bars cycle low at 10:30
204bars at 12;30
228 bars at 2;30
Hourly cycle TURNS are still
11am
1pm
3pm
+- 15 min either way

Since there is an M 180*S @ 3;14, I would venture to guess the LOD at or near that time

more later
Jay

This WEEK"S GAME PLAN

latest chart from Rotrot, one of our followers
NYSE chart shows an even more dramatic turn

Amazing, one follower last week said they were leaving because my timing showed a 1pm high and 3pm low
on Tuesday - I find that VERY amusing - Why ?, you ask.
I have been at MARKET GURU for about a month, and they are already
referring to me as a ROCK STAR @ 2% top timers

BUt you read my forecasts here first

Answer this for me.
HOW MANY PEOPLE in this WORLD can forecast market direction at all
and for any period of time.
That person who left expects me to hit perfection every day,
and Intraday as well-- once again - amazing

Friday was AMAZING ALSO
Called for an open down - we got it
called for rebound - we got it
called for 2;30 low - we got it
called for last hour rebound - we got it
HOW MUCH MORE DO YOU WANT?

Just from memory
I called the Nov 21st LOW within 5minutes
called the March 9th low within 1day
Called the May8th high within a couple days
and thats ok because tops roll

Whats Next
Monday's Power index is showing only a moderately off day
and might even start with a little bounce, and its showing the 20th as the bigger down day
which matches my previous outlook for ASTRO projections

As I wrote b4, GET ready this week to take advantage of this decline,
but ALSO get ready to BUY Friday's close for next next rebound rally
the 26th is characterized as a HIGH ENERGY DAY, and it doesnt stop there

More Later
Jay
ps; i dont mean this to be bragging, but someone has to bring it up
for now we are a well hidden gem, but one day maybe you'll hear my name on CNBC
HAHAHA
Im not Charles Nenner or Arch Crawford by any means whatsoever.
just one guy trying to make a living trading and willing to share his knowledge
they say what goes around comes around - Im waiting [g}

Fred's Chart

SPX fractals

Numbers not shown
BUT
SPX 898 he writes TARGET hit
and the LOWER level is RIGHT at 867

Matches the numbers posted by FLASH
Jay

BAR cycles

The 90 bar cycle low appears right on schedule for the open

the power and prop indexes are both in agreement

What happens after the open?? good question

today we also have
126 bars at 12;30 & this matches Xtides chart for today -
sorry, I dont have permission to reproduce over here
150bars at 2:30pm
which means that 180 bars on Monday is at 10;30

BOTh the powr & prop indexes ALSO agree with potential LATE DAY intraday high
but its hard to tell when, best guess is between 3 & 3:45pm

Yesterday's high at 2:45pm was also difficult to read, but we have seen that
happen that way many many times.

FlashFusion did mentioned 898 on twitter as potential resistance -& was within 36cts.
His update has lots of numbers
SPX 901
SPX 891
SPX 867
Im Not sure how to fit them into trading today

Hmm
at 9am futures are moderating off earlier lows
BUT still off about 5 spx = dow 40
ACTIV index came off its high yesterday at 300 and has been holding at the 100 level all morning

Considering the variables, Im going to plan to sell my puts at noon to noon :30
on the 120 to 126 bar cycle low
THEN buy some back at about 3;30 IF the mkts has recovered at that time
If not then I will wait for Monday

It Still appears May20th could provide a low as previously written

More Later
Jay

many comments = UP mkt

Ibo's Latest chart of EW

Lots of COMMENTS today which has been noted b4,
= an UP market and we are getting just that , now + 63pts Dow

ITS NOW NOON :30, and the ACTIVITY INDEX has just JUMPED UP
from the 100 to the 266 level = an up mkt this afternoon

I have to admit that SOMETIMES the POWER INDEX is NOT easy to read,
and sometimes I DO misread it- ITS NOT the INDEX that is in error- ITS ME
same thing goes for ASTRO events

having said that , a FRESH look at the POWER INDEX TODAY
shows a PEAK AT TODAYS CLOSE - ITS A VERY CLEAR READING
FLUX indicator also shows an UP DAY.

IN ADDITION to that we HAVE a 90 bar cycle LOW due at EITHER 4pm or OPEN Fri.
Now, the POWER INDEX shows a HIGH at the end of day today, & it also shows a drop at open:
I am going out on a limb to say the OPEN tomrrow should be DOWN.

I will be BUYING DJX PUTS at CLOSE today.
One Caveat however, Keep some powder dry because both the
power & propensity indexes are showing recovery intraday Friday
THUS there is still potential to recover some & rebound intraday Friday,
offering another SELLING OPP mid day

SO, IF selling at close today, I will hold same cash back for Friday late also

Ive already bot some GLD puts - did WELL with last position,
and now gold is vulnerable again to a decline
GLD pc ratio yesterday was 22- waiting to see it tonight,
and might add more tomrrow if a lower ratio

ps;
Please dont fight among the commentators
& please offer constructive comments only
thanks

Summary thru June

May8th possible TOP of wave "A" as above chart shows
May20-22 low - sorry Tim
May 29th high
june1st dip
June 3rd-8th high
June17th MAJOR LOW maybe WAVE"B"
June 29 high
JULY looks like a true roller coaster- huge volatility


more later
Jay

THE MAY TOP ??

May can provide a high of significance

I DONT THINK it will be a TOP of significance
which means I dont see a return to spx 666 anytime this year

2011/2012 more probable
but in between we get lots of volatility

As you already know, Im looking for SPX 940 by Friday
Tim's Chart shows a high on May 22nd, but MY work suggests we will be
coming off that high on the 18th and more so on the 20th and 22nd
into the new moon time zone.

_________________________________________
OK, SO Whats Next

WE NOW have the POTENTIAL for Morning SELL OFF in reverse
of my previous interpretation, which was based on a sell off at 3pm or close today.

Tomrrow, opens DOWN, recovers, and sells off again till 3pm
then heads for spx 940 by Friday

more later
Jay

WHERE ARE WE Now

THIS Chart for 1938 is for comparison only - DO NOT REFER to exact dates for reference
HOWEVER, direction is UP off of the major low scored in April that year, thus March 9th this year

Note the strong 1st wave rally off the LOY
then an ABC setback which currently SHOULD begin Monday , and END on June18th, IMO.

From there, as mentioned B4
I AM BULLISH till at least early August for now, following astro
events as a guide up to the Aug 6th full moon
_______________________________________________________________
Yes Bobby Ricky - Follow your own system- thats what I do-
Despite others good intentions -I cannot allow other systems to corrupt my work,
but I DO ADD MORE AND MORE things such as the indexes to the right,
and I do peruse whats out there by other technicians and analysts
FOR EXAMPLE___________________________________________

Go to Kenny's website and he explains the OVERBOT at 85% bulls
this is HIS comment.
Well, with SPX futures bulls now at 85% according to the DSI and SPX 116 points off its 50 day moving average, I'd say this thing is getting way out of hand. Even the 20 day is well below the market at 872. The wave structure for wave 5 of (C) now counts almost complete unless wave 5 extends. I don't believe it will.
I don't know how deep a correction after this would be, but there is going to be a fight at the 870-875 area if it ever falls back to there. Of this I am quite certain.
End of QUOTE

__________________________________________________________
Ok Back to NOW

May8th FULL MOON = potential TOP
May 24th NEW MOOn = Potential low
June8-9th =FULL Moon = potential high
June 22 = new moon = potential low
_______________________________________________

Welcome follower # 62, and when commenting, please identify yourself with at least a single letter
btw, I dont understand how Xtrends got 690 followers- last month they had 550 -
and the info they put out like many other similar sites is what I call OVERLOAD


I do appologize for being off the mark, as my indexes of late have not been
giving me the kind of direction that I have grown accustomed to getting from them.
Hopefully thats just a temp setback, AND I am making some adjustments.
------------------------------------------------------
also
being in the BEAR CAMP has not done will since April28th, but that is about to change
As Ive ALSO written, WE MUST NOT BARK UP THE WRONG TREE or JUMP
on the WRONG BANDWAGON, and of course most important read the signs correctly
& That goes for BOTH directions.

IF I READ one sign correctly is the GUSHING bullishness from CNBC on Friday
and it fits well with Kenney's statement above

AFTER this next corrective phase from Now till Mid June, we must THEN REFOCUS
our THINKING toward a VERY BULLISH JULY into EARLY August.
We cannot allow perenial bears to inlfuence us when we are supposed to be bulls.
______________________________________

More Later
Jay

Bear Market Rallies

I posted this chart b4, but it BEARS watching

Im using it as a TEMPLATE as it also fits well with the LONG Kondratief wave that I posted b4 showing
the current time period in the WINTER of our discontent as witnessed by the market action of 2008

2008 continues till 2012 b4 it starts to rise from the 3 year winter period

What this got to do with today, you ask?
good question

The 1938 initial bottom was in April, fast forward to 2009 = March 9th
It would appear we are just about to set an initial LOW off the first rebound from March 9th, other than the April sideways triangle

This CHART also shows we are in a PRIMARY TREND REBOUND/ recovery from MARCH 9th which should make it till probably October before turning into another DOWNTREND.

______________________________________________________

OK lets talk TODAY and next week
FUTURES are pointing HIGHER-- SOOOOO WHHHAAAT !!
means nothing , UNLESS you want to SELL the OPEN - this for Bears with cash
the elevator is going DOWN thru Monday and MAYBE part of Tuesday

MY game plan is to SELL puts on Monday at close
and get ready to buy calls- its also EXPIRATION WEEK
astro is a bearish for monday
A little bearish for Tues
and mostly positive thru the 19th
I posted the entire month previously

Propensity index drops to a pivot low at close today
power index = ditto & lower for Monday- numbers posted b4
Full moon = Scorpio/Taurus - not a good combo for bulls

more later
Jay
9:30am

Update 5/7 @ 1:45pm

Lets DO the MATH
a retreat from spx 930 after a gain of 260 pts
fibo 38.2% to 50% = 104 to 130pts
thats 826 to 800 - those are both levels we have discussed b4
as previous supports on the way up.


Chief is looking for 855 and he's a pretty good technician
even if he snorts at the wrong time. And IMO, ITS this COMING Monday.
930-855 = 75 spx pts = 600 dow to 7900

Its possible we are topping a 3rd wave within a 5 wave sequence
still unfolding and wont really top till late May or early June as previously posted.

((Yes, I know all this BEARISH talk gets redundant because
we are suffering from our errant ways)).

ok now, back to biz.
THAT means wave 4 is coming up VERY SOON if not starting later
today. Some of my STUDIES indicates such is possible today,
but MORE likely TOmrrow & Monday

Since April was a 2nd wave triangle a,b,c,d,e: we would expect the 4th to be totally different.
And if it takes place in just 2 or 3 days coming up as described above, we should see the results
by Monday

_______________________________________
The ABOVE was written as a comment at 9am this morning
The PROPENSITY and POWER indexes are NOW in alignment heading toward
a resolution on May11th.

The activity index has been flat at the 200 level all day
polarity went negative yesterday

VHF is very active now reaching 9, (range from 0 to 25 )
the higher number, the bigger the sell off

FLUX is VERY LOW at 900= weakness

propensity index started at 3010, and is now at 2975

power index started at 600, and ends the day at 525
TOMRROW it started at 550, and ends at 400
Monday it drops to 300
BUT on TUESDAY & Wed it starts at 400 and runs UP to 700= ONE HUGE RALLY

MoreLater
Jay

Fred's Chart

Heres a better pic
sorry about the first one

more later
Jay

UPDATE

Heres a FRACTAL CHART from Fred Whilhelmus shows SPX911 exactly where we are right now
Now thats a memorable NUMBER

Chief may have it darn close-
expect a possible 855 low, then 1010 high

his best warnings are
SNORT and Yawn - IMO< and others -to be read inverted
Snort means we should get short , and
Yawn means its time to get long

As of May6th OPEN its a SNORT
_______________________________________________-
IMO< 855 seem as good as any level by Mon and or Tues -May11th & 12th
IMO< HIGH by June 3rd to 8th , to at least spx 940 or 970
________________________________________
If I remember from My Joe Granville days,
His CLX shows the strength or weakness of the dow 30 stocks
a plus # means strength or how many dow 30 stocks are up verses down
similar to OBV but based on price, not volume
a minus # is of course weakness
and the higher or lower = the magnitude of above
________________________________________
My propensity index and power indexes are locked in place till
May7th for example --- Up and DOWN today

May5th Bradley hit a high +30dow pts in the AM, then gave back

May7th Next Bradley, hmmm , sandwiched close together like April16/18
April 20 was off 300 pts
IN this case we would NOW look for a decline to follow May7th into May11th -12th

May11th power index + astro agree, thus
showing a potential for more severe decline such as April20
________________________________________________
OK Jay, Stop beating around the bush
heres ASTRO timing for May & June

May5th-7th BRADLEY highs
May11-12 LOW
May19th high
May22 low
June3rd = Bradley -MAJOR HIGH
June 14th & 18th Bradley = MAJOR LOW & CATAPULT to spx 1100 -
June & July = summer rally with good astro
August astro doesnt look very good - could get rough
____________________________________________
Back to this week for a moment
PC ratios were very bearish at close yesterday
Jaywiz index = .10 - also very bearish
Futures turned up at 8;30am as did MY ACTIVITY index as of 9am

repeat - power & propensity index show moderate rise today,
then retreat later
Tomrrow shows retreat early, moderate rise, and another late day retreat
SAME possible for Friday
in other words any attempt to make higher highs should be met with selling,
thus we get the resolution SELL OFF on May11th and 12th to spx 850 area -
some call it CHURNING
______________________________________
Monday is an 8 day LOW
Making Tuesday an 8 Day TURN

May7th -Mercury Retrograde usually takes a couple days before its
effect is seen in stock prices
Merc Direct has a more immediate effect on May31st,
thus the early June spurt accompanied with other pos astro & full moon until June8th.


More Later
Jay

Power index

Power index on May 4th did not show up as a high like we just saw

It did PREVIOUSLY ((and still does to some extent))
showed as a high on the 7th, holding on the 8th as I previously described
However,
Now that we have what looks like the SPX 909 HIGh that I mentioned for May7th,
We NOW have it on May4th, THEN COMES the old question **ARE WE THERE YET?

Mao said yes, and we thank him for his input- first time we have seen his comments
Please join in whenever you wish.

PROPENSITY index is sometimes hard to get a FIX on it over a wkend for Monday trading.
But now we can re align our outlook as that index NOW seems back in alignment
and is declining from 3019 as of the CLOSE of May4th to 3000 on the open of May6th

Also re aligning a look at the power index
shows a high on the 4th @ 450 dropping to 350 on open of the 6th
THEN bounces to 375 during the 6th & closing back at 350

Now we come to the 7th again.
its a BRADLEY date and that usually offers a high or turn, and this one could be both
the power index JUMPS to 450 mid day, then falls back to 350 by the close

8th shows a substantial decline is possible as the index continues lower to 300
thats as far as that one goes for now

Futures are heading lower this AM, and according to the PROPENSITY index
the mkt should go into a steady decline today and open lower tomorrow

WE ARE NOW PAST Astro that had a Sun 120 Saturn early this AM as
mentioned b4 + an inverted midnite low tide.
Astro is now leaning toward negative lunar aspects today into 10:12 tomrrow AM
which matches the power & Prop index readings

Since the 7th still has some potential to runup During the day,
we might consider covering shorts on the 6th, and re entering on that runup on the 7th.

as mentioned b4, THIS Full moon seems to be reading restrictive and confrontational
then
Astro for Monday May11th - 13th appears to have a steady menu of hard aspects,
and thus could setup a tradable LOW with a midnite inverted HIGH tide

More Later
Jay
9am Tuesday
PS, thanks for your support during times of question







Stress test results due on Thursday

Morning UPDATE

its 9am on May4th

Heres a 29 year SEASONAL GOLD chart from Moore Research
clearly shows a Typical FEB High and August LOW

Gold should make a LOW under 850 this week as stocks rally
and hold thru the full moon on Friday
___________________________________________

back to stocks
without going into all the detail surrounding my outlook,
here is a SUMMARY.

This morning it doesn't appear from futures that they are
going to plunge at the open as Charts Edge has proposed
BUT it could be tomrrow, or thru 10:30 at 258 bars
and again there is a 50%/13 day cycle at 2pm

My propensity index for TODAY shows the potential for a moderate rise
in the morning, but ENDING on the DAY"S LOW, and that matches well
with ASTRO

Tomrrow could start on a down trend, but should end on the upside leading to
a strong rally on Wed and Thursday

Friday appears to be a STALEMATE

other than today and part of tomrrow,
A stronger setback appears on hold till NEXT WEEK

More Later
Jay

WHERE ARE WE Now

Very nice graph from Ibo

Besides astro, theres some timing for Monday/Tuesday that I have mentioned b4
and here it is ALL OVER AGAIN
________________________________________________
May 5th is a Bradley date

Full moons have been coincidental with highs recently we should
consider a similar response this week also on the 8th even to the power index doesnt
reflect that for now

________________________________________
Some fascinating math
910 pts lost from 1576 to 666
910 X 23.6% = 215pts
667 + 215 = 882 and the spx has been playing around that number
for a few days now, but failing to stay above it

Next idea.
Murrey math level above 878 is 909
hold it now, *** 909,*** hmmm and the loss was 910pts --
coincidence or NOT- that is some question
_________________________________________________

Tuesday TIMING is
109 tr days Nov 20 low to low
233 tr days May30, a high to low
144 oct 1 high to low
AND its also
40 tr days from March 9th, which makes Monday 39 tr days
the cycle calls for 38 to 42 tr days , aver = 40

There is also a 50% of my 13 day cycle LOW occurring on Tuesday at 2pm
Remember Nov 21 at 11am- this cycle event is NOT an LOD, but it is an intrday
PIVOT

________________________________________________________
Power index also shows a low on 4th and partly on the 5th
THEN a big rebound on 6th & 7th & drops off on 8th
However,

7th is another Bradley date, and IF the 5th does actually offer a LOW & turn,
then it would be logical for the 7th to offer a short term high or because of the
FM, could be the 8th.

once again the full moon are high energy days, and NOW this one is also
an 8day HIGH, which makes the 11th an 8day TURN
_______________________________________________________-
I would still suspect 909 might be the near term target
above 909 = 940- which is just a number out there in waiting.
in any event , IMO, we are closer to a tipping point high which might NOT
actually occurr till May 18 or 19.

It also possible that volitility will continue to abate as we approach the real peak of MINOR A
thus when "B" does hit, it will seem like the RUG got pulled out from under
It might feel that way Mnday & Tuesday.

I think thats the reason why we get LESS commentary near those highs as
everything seems to SLOW DOWN and get SLEEPY, so to speak

THEN when its does hit, IT wakes us up and we go WHOOOH- what just happenned
thus we get lots of participation
comes down to the OLD STORY- people want to knwo- Thats why the MEDIA makes up
stories DAILY as to why the mkt did what it did on any given day- they MUST have a REASON

Huh, I was talking with one OLD guy at the pool, and gave him my June 18th date-
instead of a thank you, he wanted the answer to a question
what was the question- one word --- WWHHYYY ?

I had a 9th grade math teacher who everyone hated,
because She would ask how much is 2 + 2?
and God forbid you would answer 4 without having the answer to her next question
WWWHHHHYYYY ? she would scream it at you,
making you wish you just vanished from the room.

More Later
Jay

ASTRO

May4th =mars # Uranus = Frustrations explode
Mars 45 Jupiter expansive @ mid day
moon 150 jupiter = poor judgement
moon 180 uranus =foggy assessment
reading calls for inflamed tempers & disruptions

May5th = Moon 90 pluto at 11:23 = emotional conflict
Venus # Uranus @1:20pm = chaotic
May8th = moon 60 Saturn @ 4:59pm
full moon
____________________________________
THAT WAS THE YING
NOW the YANG
May 9th = Sun# Pluto = use of power to diminate
May11th = Mars 150 Saturn = conflict with authority & aggression
May12th = Merc 45 Mars = anger & verbal attacks
________________________
shifts again to Ying

May 15th at 7pm
Venus 45 Neptune
ROMANCE and or FANTASY

May 16th @wee hours in the AM

the SUN 90 Jupiter on May15th is accompanied with
EXPANSIVE OPTIMISM

and its followed within a few hours by SUn 60 Uranus = also quite positive.

17th Sun 90 Neptune
Idealism abounds, maybe too much so
18th
Sun 0 Merc
align yur goals with caution &
become financially sensible

19th @ 10;23 am
Jupiter 30 Uranus
Luck & good fortune
the day is also filled with positive lunar aspects
sun 60 moon

that was the YING
NOW comes the YANG

May20th
Merc 90 Neptune
Perspective skewed & confusing

Venus 150 Saturn
Stern & Abusive

Merc # Pluto
$$ encounters a harsh controlling force

Merc 90 Jupiter
lots of talk, but no answers

May 22nd
Mars II Saturn
RESTRAINT and blockages

sun 45 Venus
a lighter feeling

23
Sun 10 pluto
authority will try to control

24th Sunday New moon
Restlessness


25th memorial day
_______________________
SHIFT BACK to YING

26th
Mars 30 Uranus
take action - explore new
Mars 60 Jupiter =ENTHUSIASM
Mars 60 Neptune = Inspiration & hope
27th
Jupiter 0 Neptune
Inflated & unrealistc hopes & dreams abound

More Later
Jay

8:25 AM

May4th = A Cycle LOW

May1st should linger all day till 3pm when a sharp retreat should
close the day lower leading to the May4th low as below

May4th is 108 tr days from Nov 20th and offers a market LOW
HOW low ?/ possibly spx 840 - 845

May5th offers a PIVOT day which should take off AFTER 2pm
why 2pm = 50% of the 13 day cycle Low

May6th - big rally continues

Thats as far as my power & propensity indexes takes me for now

UNLIKE some ELLIOTT technicians, I do NOT see a sharp decline to
spx 800 at this time

After the Low on Monday the mkt should continue its march higher
and once above 878 with volume, it should make it to its next resistance
at 909.

more later
Jay

GOLD

GOLD has traded off its TOP, yes a TOP on Feb 20th at 994
to as a low as 868 on April17th

But what happened in between and how?

Heres the Chronology

Feb 20 @ 994 --- 2 days b4 the new moon
March 4 @ 911 -- moon 90 Sun
March 6 @938 --moon 120 sun
March 10 @ 897- FULL Moon , and a PIVOT LOW

Mar19th @ 955 moon 90 sun
Apr 6 @872 - moon 150 Sun
Apr17 @ 868 - moon 90 Sun = a PIVOT LOW

Apr24th @913 =New moon Pivot HIGH
SOOOO
whats next??

May1st = Moon 90 sun
that should bring in an initial LOW
May4th - moon 120 Sun
should be a pivot high ??
May8th Full moon
COULD be a Pivot LOW well under 850 ??
____________________________
ARE YOU GETTING THE SAME PICTURE AS I DO
Gold trades off the MOON CYCLE more than anything else
Ive always known that, but never really tracked it b4
Now that gold hit 1000 in Feb, the SEASONAL high
Im interested, and hopefully, I can continue.

_________________________________

NOW Back to stocks
DOW Jones NOW in the RED coming up to the 1pm hourly
11am was a 30bar cycle and there was a minor dip at 10:45
then the 11am hourly took over an made a high at 11:15
THAT was the 11am-11;15 TURN at 8305, now trading at 8189

Next
60bars cycle low due at 1;30
90bars cycle low due at 4pm

3pm, if a recovery high, could offer the next best shorting opp

More Later

Chrysler or NOT

Wow, what a battle with Chrysler !!
will it show up on the big board as a draw down?
BUT
Futures are not wavering so far at 9am, still up about 100 dow pts
Chrysler announcement now at NOON today
_________________________________-
Kenny's charts ABOVE indicate some weakness dead ahead but nothing dramatic,
and I tend to agree - internals are indicating the next move should be down
but the market still appears to be challenging the spx 878 Murrey math level
______________________________________________________

So far they have attempt twice to get above spx878, and both times have been set back.
836 was the previous low, and now we might look at 847 for near term support
assuming we fail to hold above spx 878
_____________________________________________________-
I have previously proposed May18th for a major high, and that still stands,
but in between there is some volatility that needs to be worked out

that brings to today's update
propensity index has potential to top out at open drop back and try again at 3pm -
almost a repeat of yesterday
but it shows tomrrow as a DOWN till at least mid day and the power index agrees
Astro for noon has a negative moon # pluto and could be the LOD.
________________________________________________-
Monday and Tuesday next week represent 108 & 109 tr days from Nov 20,
and should set a short term low
the readings for both days also agree with that

Yesterday's late sell off after 2:45 met with the 258 bar cycle low which appears
to have been about 30 minutes late, which is unusual, but looking back at Tuesday
we see the 180 bar low also was 30 minutes late- what does that do for 90 bars @ 4pm today?
Not sure but its scheduled for today's close and the propensity index seems to agree with a late
sell off.

we''ll see how the Chrysler announcement effects trading today after 12 noon

As you can probably tell, Im not as precise as usuall, and thats probably a function of
the atmoshperic conditions today.
for example - todays reading
Keep your cool & stay away from contrary people
expect CHANGE and stay with what has worked in the past
IMO<>

And there we are at the OPEN - 80 dow

IM out and will NOW enjoy the pool
that was a 25% gain from the purchase last week

Im still holding my GOLD puts on the GLD which are also UP 20%

the BIG win today looks like the 120 bar cycle at 10am,
which appears may have hit a little early at the 9:45 hourly

at 10;30, the Activity index is still FLAT LINE AT .66, nearly the LOWEST value in the index.
which will have a tendency to keep the the mkt from accelerating higher until
that changes as it did LATE yesterday when it moved from 100 all day
to 166 later in the day and started to fall after 3;30, a little tooo late

the next bar cycle is 126b @ 10:30,
and
150B @ 12;30
180 @ 3pm
I dont expect those to be anything but brief dips off a rising trend today

My power & prop index still show a higher day and open higher
tomrrow in reverse of the last 2 days - THAT WILL BE MY NEXT OPP TO GET SHORT
rather than later today.

And NOW we see the result as the dow is UP 13.00 at 10:20
AStro also helped today
at 9:29
Moon 90 Uranus = reads -MOODS SHIFT
Tomrrow
there is a Moon 60 Sun at 10;19am thus confirming other data for an open rally

I certainly hope some of you caught on an did the same today.

Flash Fushion on Twitter
Pauline
Challo,
Coy
astro8
etc,
Guys = please network for me and bring over some more players to register as a follower
I really need to know that this is working for you as a group.


Thanks
&
More Later
Jay

SOLAR CYCLES

Something doesnt seem to FIT
and please correct me if you think I'm not seeing the forest from the trees
OR
is it the other guys who are pushing catastrophe,
JUST AS THEY DID FOR Y2K from which NOTHING came out of it.
__________________________________________

The SOLAR CYCLE has PEAKED in 2007/ 2008
as indicated by stock market crash in 2008 and this graph

Also a story recently from NASA that 2007 and 2008 have seen the LOWEST
amount of SOLAR STORMS in Many years
2007 was SLOW, and according to the PEOPLE
who track this stuff, 2008 has been even SLOWER

SO why are SOME groups advocating
DISASTER on 2012 other than the Mayan prediction?

And just because our SUN/ solar system is crossing the ecliptic
PLANE of the center of our universe

IMO,
EVEN tho the CYCLE seems to RISE again in 2102,
it should have NO EFFECT on our planet whatsoever
more later
Jay

Fed Week

Heres a chart from another one of our followers, JerryO

It shows a major convergence of lines at 866

derived another way via math
recent levels 875 -835= 40 pts
40 X 78.65 = 31
31+ 835 = 866
Gee, that was easy

Ravi
I will try to limit comments to 25 per posting
And
The time from 2:38pm was adjusted to 3:38 pm due to DAYLIGHT savings time - I had forgotten about it
_________________________________________________
Whats Next
Once again Monday is stuck with a Saturnian influence , thus one of my reasons for predicting it as a down day.
AND the readings for the day are
Stress & fear are prominent
expect moody reactions & stay in the background
________________________________
LOW POINTS FOR Monday are scheduled for
100% of my 13 day cycle @ 10: 30am which was ONE HOUR LATE on WEd
and if that is constant, then is matches the bar cycle low
***
60Bars @ 11:30
90 B @ 2pm
NOW- once in a while we get a 108 bar low which hits at 3:30
and if it does, it could be the LOD

hourly cycle is still constant, until Wall st realizes we are on to their tricks
but we are much too small a group for that to happen
11am
1pm
3pm
can be plus or minus 15 minutes from time to time

Heres something to watch
note the hourly cycle is at 3pm and the bar cycle @ 3;30
we see it QUITE OFTEN the mkt makes an inflection LOW at 3pm, and repeats it at 3:32
OR inverts it at 3;32 if 3pm was an inflection HIGH
_________________________________________________
Monday should emulate the 20th which was off 300 pts,
not saying it will do exactly that , but it is probable
________________________________________

Tuesday calls for a GOOD START to the day
and should be a healthy recovery type day
____________________________
Tuesday NIGHT has some heavy lunar hitters and
a CRISIS of sorts could effect Wed's trading in a negative way

The slide should continue at that time and extend into May4th and or 5th
but more about this time frame later
_____________________________________________

More Later
Jay

more charts

THIS CHART is from IBO, one of my group associates and also a follower

THE above chart shows us on April18th at the top of WAVE "A"
a recovery wave off the March 9th LOW

That means we should NOW be in WAVE"B" heading down
into my previously posted date of June18th

3 mathematical methods to determine potential price levels
one of course is FIBO, and the other is the spx40 pt rule of thumb, and third is MMATH

1. Fibo
215 pt gain
23.6% x 215 = 50 = spx 825, duhh , we just stopped right there
38.2% x 215 = 82 = spx 793, and that could be next Monday's stopping point
**************************
2. 40pts rule of thumb
875- 40 = 835 got run over a bit and thus we extended to fibo 825
***************************
3. Murrey math
broken down by 8 pts moves
878 - 31 = 847 - 16 = 831 - 8 = 823 >has not breached it yet.
THEN-- NEXT is
878 - 62 = 816 - 16 = 800 - 8 = spx 792 >already mentioned above

THIS WOULD BE MY SUSPECTED LEVEL FOR APRIL27th

more later
Jay

SOLAR cycle

Ive mentioned and posted other charts like this

Evidently 2008 was the QUIETEST solar activity since 1913 and 2009 has been even slower

Is there a correlation with human activity in regard to stock prices or any other human endeavor??

could be so

Jay

NDX chart and potential LEVELS as per Tim McCarthy

More food for thought
Jay

Sunday Thoughts

An ending DIAGONAL triangle may have formed from the Low of March 31st to April18th

And Monday might slide for the entire day, but not sure about Tuesday yet;
However
here's the bar cycle
Monday has
180 bars at 11am
204b @ 1pm
and 228b@ 3pm
all of those MATCH the hourly cycle which NORMALLY has a tendency to make intraday highs
Except you will note the FRIDAY 3pm LOW, then the 3;45 TOP, and last 15 minute drop

THEN On Tuesday, we have a MORE significant 258bar cycle ALSO at 11AM

The Next question becomes when to close out our put positions?

It would seem prudent to close them out on Monday possibly at 11am and or 3pm
expecting a minor rebound off the 3pm low going into the close if thea bove works out

Should we buy calls on Tuesday at 11am low?
It would seem correct as the end of day should rally considerably given the juice derived from
a VENUS 0 Mars at 6pm

And those calls should possibly be closed out on the 22nd at about 2pm ,
unless your willing to hold them thru Friday's new moon high

Interesting note that the Martin Armstrong turn date is April20th, but thats a BIZ cycle turn
as was Feb 20th, 2007 and the mkt dropped 400 pts on FEb 27th
However, we do see some turmoil abounding along with the North Korean nuclear issue this week
and some national protests over TAX issues.

We have some price levels to watch over the next 2 months
spx hit 875, and that is just under the 23.6% gain which would have taken it to 881-
Got darn close at 875 , and NOTE the Murrey math level of 878 was not breached
so getting to the 909 level doesnt seem probable

there was 908 pts lost from Oct 2007 high to March 9th LOW
there was 208 pts gained from 667 to 875

Math break down for possible lower levels
38.2% = 82 pts = spx to 793
50% = 104 pts = spx to 768
62% = spx to 743
78% = spx to 708

Using the 40 pt rule of thumb we get something quite similar
875- 40= 835-
-40= 795
-40=755
-40= 715
____________________________________________________
IF the move from March 9 to April 18 was a primary wave 1,
then the next is a primary wave 2 retracement as per the math above

NOw, of course we will look for an incredible primary wave 3 > 4 & 5 after
wave 2 is finished, which could run up at high as a 62% retracement back up to spx 1100
AND could be completed by March 2010 thus matching Anniv of the the March 2000 high

This is ALL just specualtion at this time, but very likely given wave structures that weve seen mnay times b4.
NOW<>

Kondratief Wave

Just in case you forgot where we are in the course of human history,
I think this is a GOOD REMINDER

We began slipping into the winter of our discontent in 2001,
and now we are feeling the full brunt of winter and will continue for a
number of years

Just look back at the last one to get a feel for the nature of the beast

Fortunately for option and now ETF's players, we have an edge

We will know when its time for a change when Your/ My neighbor who knows nothing at
all except mutual funds comes to us and tells us about investing in a great
new product called 3x reverse ETF's

20 years ago, i was in an industry that was marketing mutual funds and term insurance
you couldnt get people out of their guaranteed 4 % whole life ins product

NOW its 20 years later, and LAST YEAR before fall ,I couldnt get anyone who owns a
mutual fund to switch it to a money market within the same family-& thats at no cost
NO, they said, I will stay with what ive got--
I was not even making any $$ on it- it was just a suggestion to my so called friends
WEll, I guess its the old adage- no one takes $$ advice from friends

One excuse for NOT switching would mean a low interest rate on $mkt funds
HOW STUPID and Lame can you get.
I see-- its better to lose 40% than get 2% interest
I havent asked anyone lately only because its too late to do anything that would
preserve the cash

IN One of my wife's mutual fund account, I was in $mkt most of last year
except when I saw a chance for a quick gain-
Not only did I preserve value to the account but also added some value.
OH well such is life
______________________________________________

Im still not ready for Monday, but did you notice how the HOURLY works
3pm hit a LOW and turned higher into 3:43PM, then dropped off in the last 15 minutes

Now we should expect a low at the 11am hourly on Monday which potentially could be the LOD
which ALSO coincides with 180 bars, so its nearly a given to be a substantial low and strong turn

more later
Jay

Heres a chart of 1937 to 1942 thats being looked at by some groups

Not advocating this chart, but its as good as anything else we can imagine

And it fits a 2011 - 2012 ultimate low = Kondratief wave

Also - if its accurate to today, then it also depicts my projection for a
sharp drop from May 18th to June18th as per the 60 year cycle from 1949

Don't live by this, but do keep a copy handy as time progresses.

More Later
Jay

UPDATE

Tim McCarthy's newest chart now shows the 29th as a potential TOP

I am STILL ON TRACK for a robust rally after 2-3pm TODAY
Monday Apr 20 looks sluggish

April 21 & 22 look STRONG
but the 22nd could give it up for selling in the afternoon

FED meets on Apr28 & 29th - thus anticipation might get slapped in the face
becoming buy the rumor, sell the news

Astro agrees with the charts he has presented
and his work has nothing to do with astro

IF your a bull, then its a matter of catching the best UP days
between now and the 28th/29th
If your a BEAR, then my suggestion is to wait out the 29th
and get the best of bears to May4th

As for TODAY
Hmmm,
Hourly 11am so far off 55
30bars @ 11;30 - not effective or use the truncated 11 am time slot
still waiting for 2pm convergence to get long

Its NOW almost NOON & the ACTIVITY INDEX has dropped in the last
30 minutes from 233 all the way down to 66
There is a 60 minute delay thus we should expect prices
to start dropping after the noon hour

Coy's index calls for lower tomrrow
but
Late day has Merc 120 Saturn
Venus turns direct @ 2:25
3;14pm high tide

THERE is NO heavy astro after 3pm today until late on April22nd
then we look to the 24th after 2;38pm for another cluster of hard asepcts

whats that all mean ??
mostly positive ions charging the earth making people
less sensitive to any bad news thus allowing us to feel like being buyers until the 24th

My astro opinion for the moment is still a high on the 24th mid day

More Later
Jay

Picture Worth 1000 Words

Courtesy Tim McCarthy- one of our followers

April 22nd is an important high this month
May 18/19th LOOMS LARGE as an important high for May
June 3rd looms large for an important high for June

This graph above pictures the dates that Ive been posting

Remember that May 19th to June 18th could be the BEST shorting OPP this year
and could rival Oct- Nov last year

June 18th could be the same catapult that occurred on Nov 21st, 2008
and we could see multiple 500 pts days in both directions from May 18th to late June

More Later
Jay

April13

Its 8am and OUR futures are in dramatic opposition to Europe
My propensity index DID take a TURN lower overnight
the POWER index had been indicating a DROP today as of last Friday
Natural energy also indicates a drop this week

Today We see a lower day, somewhat up mid day of course,
and a lower close which should lead to a lower open on the 14th and repeat
the process one more time to meet a 156 bar low on the 15th at open
____________________________________________-
Even tho the Bradley - 8 day low & trade day cycles hit on the 16th,
I see the actual low on the 15th at open , but that could adjust as the wave develops
______________________________-

more later
Jay

April 10th projection

April 16th is definitely an important date, AND I really think it will be a low

Using astro and cycles heres why
1; its an 8 day low following the last 8 day cycle which was a high
on Friday, Apr 3rd with Monday 6th as turn thus making the 17th as the 8 day TURN

2. astro readings
call for a stressful & practical day
17th call is for $$ gets positive

3. 4 & 8 day cycles
248 from Apr14th, 2008, a low
116 from Oct 27th, a low
60 from Jan 20th, a low
the above are divisible by 4 & or 8

4. 110 NOV 4th, 2008, , a High - not Oct 4th
165 = 110 + 55 = Aug15th a high
70 Jan 5th, a high
55 day progressions are not ALL high to high or low to low
they can be mixed
_______________________________________

FROM there the rally should resume to DOW 9000 and spx 900 by months end.

More Later
Jay

FULL MOON - CATAPULT

Full moons are good for somethings if your a bull

Told ALL to get long between 2pm and 4pm yesterday

SPX Futures now up 19.20 at 9am

Look for big UP day with roll over on Monday - good day to get short
but more about that over the wkend

April 8th LOD at 3:10pm
Marked the Bradley date

Full moon of 9th NOW the CATAPULT

Exactly as predicted from Last wkend & before

More Later
Jay

Picture worth 1000 words

Thanks Rotrot -couldn't resist showing it here
hope its ok with you

Bears giving up too soon
________________________________________
Some additional features

April 16th = 248 tr days from April14, 2008 LOW
Apr 16 = a Bradley date
Apr 16 = 60 tr days from Jan 20 LOW = 15 cycles of 4 or 8cycles of 8
Apr 16 = 29cycles of 4 = 116 tr days from oct27th LOW
April 18th = a Bradley date

It would appear the MAIN cycle LOW is April 16th
Jan 6 to 20th the dow lost 1000 pts
Not saying we get that, but ive already put out some math

April 16 is 8 day LOW
Apr 17 is 8 day TURN

More Later
Jay

Back & Forth

Before we look AHEAD , we should LOOK back a bit
---------------------------------------------------------------
Mar 8th Sunday Sun 180 Saturn
mar 9th Monday Merc # venus - ALSO 250 tr day cycle from March 10th, 2008 LOW
mar 10 full moon @ 9:39PM ~ full & new moons can act as a CATAPULT on stock prices

Skip ahead
March 30 Sun 0 Merc ~~ Merc 45 Nptne ~~ Sun 45 Nptne ~~Merc # Uranus
Mkt off 250 pts and opens on April 1st off 125 right after the Midnite high tide
-------------------------------------------------------------
Now what happens next
Most things seemed to be pointing toward a lower close on April 2nd
BUT astro had other ideas
& April3rd = an 8 day HIGH
April 4th ~~Merc 60 jupiter ~~ Merc II Saturn ~~ Merc II venus ~~
Venus II Saturn ~~moon 120 Sun

THESE ALL have POSITIVE readings
All in ARIES DURING THE G20 meetings =indicating enthusiasm-
NEW starts ~~avoid rejection & censure
looking for focus ~ & confidence

NOW doesnt that sound like the events of the recent conference ?
_____________________________________________________
OK, that was then - NOW things CHANGE
Mars 180 saturn at 8pm saturday
Monday is an 8 day TURN- these turns are very consistent -
Bradley date Apr 8th
Full moon April 9th , but this time at 9:56 AM ~~Reading for this full moon is climactic
Harsh aspects b4 the full moon will take DC by surprise
Also indicates financial pressure + disagreements & obstacles

SOO<> when is the FULL MOON catapult ?
April 9th appears BEST and could happen right from the open OR
AFTER 9:55 am where there is a convergence of the full moon and 2 other short term cycles

my power index seems to indicate a low on the 8th with a huge rebound on the 9th
Now just because I had a difficult time reading that index last week
doesnt mean I should give up what has worked so well b4,
but maybe a little tweak would work
______________________________________________________________
A rebound on 9th, a full day of trading includes the 10th as its a holiday
Apr10th ~ Sun 60 Jupiter & mars 30 Jupiter ~ Merc 120 Pluto ~~merc # nptne
all are highly positive and illusionary with a neptune influence
Its likely they might have a little more UPside to go on the 13th -
which would make it a great time to get short again
___________________________________________________
After the 13th or during the 13th - the atmosphere NOW becomes negative again
Merc # Jupiter = be realistic with $
Merc 45 Mars = agitation & anger
Merc 45 uranus
15th~~ Mars 0 Uranus = Rebellion at 5am
15th Sun 60 nptune @ 3pm - more illusions
16th - mars II Uranus @2pm = wild explosive agitations
Merc # pluto at 3pm =unforgiving & relentless
___________________________________________

Then comes the change to positive again
but more on that later

summary

Europe could be down 3 % late on our Sunday = down for our Monday
Natural energy which indicated a high on Mar 30 is still showing down till the 10th
but here's a TWEAK I mentioned BECAUSE the POWER index jumps
on the 9th from the 300 level to 700
thats ONE HUGE JUMP & stays there on the 10th

OK - OVERALL - we get the following;
LOW On 8th
high on 13th & possible turn lower
Low on 16th
____________________________________________
Math
1500 pts rally x fibo
38.2% = 600 to give up
50% = 750
62% = 900
take your pic
dow8000 - 600 = 7200
spx 845- 75 = 770 to 755
____________________________________________
EXPECT NO CRASH and NO NEW LOWS
________________________________
In fact a HIGHER high should be reached by late April
OR May 18th - That should be the END of a 3 legged really
A wave was April 3rd
B wave low on Apr16th
C wave high on May 18th - sun 0 Merc
That & baby makes Wave 4
___________________________________
After May 18th till June 18th
WAVE 5 = ""Danger Will Robinson""

BUT more on that Later
Jay

WHATS Next After April 2nd

IS Bullishness ALSO foolishness on April1st ??
COULD VERY WELL BE

Natural energy has been Lagging the market by a few days now
The expected low on March 18th hit on March 20th
___________________________________
The expect high on March 30th { SUN 0 Merc} did not occur till April 2nd
April 1st & 2nd had A SUN - Merc & Venus at 0 * in ARIES
Aries indicates new starts - ALAH - G 20
also indicates ENTHUSIASM and I dont want to insult anyone AIR H----D
remember Greeny's expression of 1996 - exhuberance , hmmm
It looks like the atmosphere will NOW turn back into REALITY
___________________________________________
Now we are looking to potential lows on April 8/9th and or April15/16th -
YES thats options week
WITH a REACTION rebound on the 9th into the 13th.

The last Bradley March 12 &15 SHOULD have been the
9th & 10th to be more accurate also depicting a discrepancy of time
_______________________________________
Todays energy reading says we should COAST thru the AM today- then it says
Later ON - Harmony and enthusiasm comes and GOES

Its now just AFTER 9:45 and the mkt is giving up its early small gains
an 8 day high or turn
__________________________________________
OK, enuf conjecture -Lets get back to work

A 156 bar cycle at 4pm yesterday dropped the mkt in the last 30 minutes right after 3;33 as I wrote

Today we have
180 b @ 11;30
204b @ 1;30
228b @ 3;30

that means 258b is on Monday @ 11;30
And you know the reg hourly times
________________________________________
but more important is looking at the next Bradley
Is supposed to be the 8th with natural energy LATE
applying its influence
I say that because on the 9th we have a confluence of cycle at 10am
FULL moon @ 9:56 am
UNLIKE its previous event on March 10th, that one took place at 9:39PM
and the reading for March 10th was much more positive than
April9th which indicates a climax between needs and desires.
_______________________________________
In addition to the April 9 th full moon, we also have
14.6% of 13 day cycle @ 9:50am
228bar cycle low @ 10am

TODAY made an 8day high
Monday is an 8 day turn
between NOW and April16th
It looks like we should get an A_B_C or 3 leg decline in a
typical corrective move against the latest run up from

March 9th to April 2nd
was 18 tr days + 9 = April 16
18 x 3 = 54 tr day progressions
or its parts of 18 and or 9

55 trade day progression
2008
May30high
Aug 16 low
Nov 4th high
2009
Jan 27 low
April 16 low
____________________________________
Way back in history {{On or about March 6th}} I wrote to look for a
rally to SPX 845 with 847 as the murrey math magnet
Now that they got there - the lower levels of support are at 816 - & 785 then 754

Using fibo as a guide for the April16th low
spx 666 to 845 = 180 pts
180 x 38.2% = 70
50% = 90
62% = 111
78% = 140
100 % = 180

You can do the math to get to the appropiate spx levels
but 755 spx = murrey math support
______________________________________________
also on April16th we have a 13 day cycle LOW segment at 2pm
& at 2pm we also see a Mars II Uranus indicating explosive
arguments and possible accidents
& at 3pm there is a Merc # Pluto = unforgiving an relentless mindset
____________________________________________
Whew - I just might not add anything to the above for
the next 10days - or maybe just under conments

Summary
A natural energy high may have hit at spx 845 on April 2nd
the NEXT dates of importance are April 8th-9th and April15 -16th
in between is April10-13th

YES, I agree with you COY
Monday could be a very serious day

MORE LATER
Jay

Set up a FALL

It 8:15 and all are waiting for the BIG emplyoment report

WE could see today a REPEAT OF DECEMBER 1st.

Activity index is FLAT LINE at .33 this am - IVE NEVER SEEN IT THAT LOW

Power index down to 250

Propensity index has been dropping all week,
but today it is down to 2940, form a high of 3020

ALVIN - do not go long just yet

more later
Jay

LOST MY POST ??

I dont know if anyone read the last post, but my attempt to edit got it LOST

4/2 higher open


If anyone got it, please copy and pasted into comments
thanks
Jay

Mark to market

Department stores like Macy's and JC Penny show Retail prices on all their goods

Then they discount those prices heavily to get you to buy ON SALE

NOW comes the BANKS
All their assets are ON SALE and now they want to MARK THEM UP TO RETAIL
to make them look better

IS that CRAZY OR WHAT ?????? !!!!!!!!

more later
Jay

A-B-C Rebound

CAN you see what I see in the graph above ?
3 wave rebound off the low at 780.21 - counting as wave 1 DOWN

"A" wave high to 810 at 3pm yesterday
"B" wave low to 784.44 at 9:45 this am
"C" wave High this afternoon, so far at 2:15 @ 812.43

Given the above scenario, then NEXT is wave 3 which will be Down with no prisoners

this "C" wave high only exceeded the "A" wave high by a narrow margin
which could be labeled as a FLAT which actually is a very weak formation
even tho it doesn't look that way right now.

PC ratios were some what bearish yesterday

Propensity index is trending LOWER and the price levels
seen in stock prices should respond accordingly

activity index at this juncture is EXACTLY like yesterday -
FLAT at lowest possible levels .66

Power index may have offered a confusing picture because
it shows this action occurring tomrrow
if you remember I expected a wipsaw tomrrow which NOW looks iffy at best.

The next important low should be at the open on Friday
156 bars hits at open on Friday ,just like 258 bars hit today
with the rest of that day on the rebound, just like today,
and might even continue UP into Monday's open


More later
Jay

April 1st Times

Bars
30b @ noon
60b@ 2:30


Hourly
11 am
1pm
3pm

NOTICE that 60b is at 2:30, and there is a 3pm hourly

Im guessing that the 60b will extend into 66 b due to the influence of the 3pm hourly

I will be inclined to close out my positions at or near 3pm today

MY power index is showing potential for a huge intraday rebound tomrrow, so i dont want to
be sitting in my shorts at the open on April 2nd

Also note Today's open was a continuation of the 258 bar cycle at 4pm into the open
Right now the DOW is FLAT after open down 100 pts
the power index does seem to show that, AND a drop the rest of the day

Got a little hungry at 10am - anyone else notice it ??

Activity index dropped from 200 to 100 at open and staying in a very narrow range

More Later
Jay

Gyrations but Lower

Yes the mkt is headed lower
yes there will be gyrations
BUT we need to be able to make $$ on the above


Yesterday's high at 2:55 at 810spx hit the high note BUT where is the low note ?

Im better at WHEN
Im still looking at April 8th for the next TRADEABLE low note, but we will update as we go

for NOW
I still have April 2nd at NOON for a near term low point, and whip saw UP till 3pm {most likely} on the same day
Believe it or not, my POWER index shows a collapse right after and a lower low on the MORNING of April 3rd.

Not sure how Im going to play that scenario, but will keep updating as we go
I dont like to get whipped around like that- I need to have control.
AND - Its hard to wrap your brain around trading that kind of day,
so I might consider closing out shorts on the close today
rather than wait for noon on the 2nd??????

KEEP THIS In MIND for April 2nd - IT IS POSSIBLE for a higher open, which makes the noon low, NOT a lower low
but only a dip within a rebound to that 3pm high;
can they actually duplicate the 3pm high again ??- it sure can - maybe 2;45 this time- but im just guessing


Also check Twitter during the day for ONE LINE snippet UPDATES

More Later
Jay