Monday, October 13, 2008

Monday Oct 13

Jaywiz index last week 5 day ave = 60
Polarity is positive & holding
Power index up to 500
Activity between 2 & 3
Pressure index = 3050
Flux above mid range at 1040
vhf > 5

All of the above is BULLISH for today

there might be a 1- 2 pm setback, but the close could be the HOD

Some are looking for a 10:30 HIGH and that is typical tie period for such turns

Tomorrow still has some potholes, but Im not going to worry about it, as I doubt a new closing low is possible, and it could offer additional opp to buy cheap calls

Jay
at

3 comments:

  1. Anonymous9:52 AM

    thanks Jay

    don

    ReplyDelete
  2. Anonymous4:40 PM

    "Monday is RALLY DAY and we could get a DOW 1000 pt rebound on the 13th to 17th."

    Hellofa Call Jaywiz !!!

    Nice Work and Thanks!

    ReplyDelete
  3. Anonymous4:54 PM

    Hi Jay,

    The Jaywiz number is even higher tomorrow and Thursday. Does it mean more rally, or did most of the rally already happen today?

    Thanks!

    ReplyDelete