Wednesday, January 10, 2007

bar cycle rules the day

The 126 bar cycle hit right at the open, and a small recovery is in progress at 10:30 am

the BEST advice I have to offer is :
GET SHORT AT 4PM today and stay short till Jan 18th CLOSE - new moon that night.

259 bars hits at 10 am on the 19th so expect a very breif overthrow and solid recovery on the 19th.

today has another 180 bar cycle hit at 2pm just after a minor lunar astro event at 1:27
Together they are apt tp produce the days low.

Jay
at

3 comments:

  1. Paul10:53 AM

    Jay,

    You bought some Feb. Calls yesterday, but you want to go short today at the close?

    ReplyDelete
  2. Jay Strauss1:46 PM

    Yes, the Feb calls are day trades and sometimes short term position trades for a day or two.

    Are you an experienced trader?
    Jay

    ReplyDelete
  3. Paul9:14 PM

    Yes, mostly the indexes, but I trade options with a percentage of the equity.

    ReplyDelete