Wednesday, February 11, 2009

Missed it - maybe

9:55 high up 80
10:12 low + 40

I will wait for 11am to see if another high
IF SO
then 1;30 = 258bars and shoule be the LOD

then its watch the close
After 258 bars the mkt USUALLY makes it biggest move

hourly highs
11am
1pm
3pm
rounded off

228 bars 11am - conflict with above
258bars @ 1;30

More later
Jay

at

6 comments:

  1. Anonymous10:19 AM

    If things don't work out this morning THEN we can short the close eric

    ReplyDelete
  2. Jay Strauss11:43 AM

    YES
    EXACTLY CORRECT
    See what 3pm brings
    If a LOW, then 3:41 could be a high
    Short it then
    Jay

    ReplyDelete
  3. Anonymous11:54 AM

    your prior post also said that you expect to be able to close your short
    position tomorrow am and buy calls to hold into friday - has that outlook changed?

    edward

    ReplyDelete
  4. Jay Strauss2:44 PM

    3pm might offer the HOD on friday
    but if we buy right, we can sell right
    Jay

    ReplyDelete
  5. Jay Strauss2:46 PM

    Bars coming a little late today
    LOD at 2;30 = 270 bars
    that happens on occasion.
    No way to know when tho.

    I think I will short a 3pm high
    and add if higher at 3:42

    Jay

    ReplyDelete
  6. Jay Strauss3:40 PM

    OK Like clockwork today
    Bot puts at 11am
    sold them a little early at 2pm

    Bot back at 3pm
    will hold for tomrrow at 10 to noon
    Jay

    ReplyDelete