Thursday, January 15, 2009

FAILED rally !!!

Looks like free fall today and tomrrow
how low is low ?????
spx 795 IF broken today
then
a new low could be hit tomrrow under 741 or at least a match

Astro reading says BE FLXIBLE
very short term high was hit ona very small rebound at 9:38am
and the acceleration started lower from there

Ave low to low cycle = 37 to 42 tr days
tomrrow is 37 at the minimum from oct 27th
Neg Astro aspects end Saturday

More Later
Jay
at

7 comments:

  1. Superbear10:59 AM

    Yup.

    Canceled my buy orders. I have some long positions, but small enough for me not to worry about.

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  2. Superbear11:05 AM

    FYI - All the technical indicators are now screaming buy.

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  3. Anonymous11:35 AM

    we hit the trendchannel bottom

    http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1399335

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  4. Superbear11:35 AM

    Unlike you, I am now expecting an up day tomorrow. Let's see.

    ReplyDelete
  5. Anonymous3:02 PM

    As I said earlier today, Thursday will close on the high :-)

    The 20th and 26th are still possible retests of 817.

    ReplyDelete
  6. Superbear3:54 PM

    Bought more long positions around 818. Let's see what tomorrow brings.

    ReplyDelete
  7. Anonymous4:03 PM

    OK so we didn't close on the high, but we did get an OK rally.

    I've got Friday mixed and will have the day off. (based on astro)

    kind regards,
    8

    ReplyDelete