Got the EXPECTED rally on OPEn till 11;54
Why 11;54 ?/ Natural Energy HIGH + 178
Might be HOD dow + 190 @ 10:45 ~~ BUT there might be another attempt at 3;42pm
150 bars @ 11;30 was right on schedule Dow +140
180 bars @ 2pm might drag it down to a minor gain
204bars at CLOSE or OPEn on Thsday
the jury is still out on this forecast, but it wont matter in the long run
I sold my calls at 11;54 and bot some puts on the DJX
I will be selling those on close today or open tomrrow
and buying calls at the open low
Jaywiz blog is right on track so far this week
More Later
Jay
Hello Jay,
ReplyDeleteI wasn't completely logged in as a follower. Completed that today.
I like todays forcast and think your right on.
What have you for Friday? Trying to stay out of a whipsaw.
Coy
YES Sir, this week has been great.
ReplyDeleteThank You
Pauline
Hi Jay,
ReplyDeleteI want to pass on an end-of-day technical I calculate daily. I call it Premium Pointer.
Premium Pointer = the last 31 minutes of progressive divergence above and below an operable Range, during the day session beginning at 3:44 PMEDT.
Range -3.50 – 4.13, midrange -3.815, low-high 3.95
3:44 -3.08
3:48 -4.75
3:51 -4.76
3:53 -5.00
3:57 -2.96
3:58 -2.73 1.085/3.95 = 27.47%
4:04 -5.89
4:09 -6.68 2.865/3.95 = 72.53% Downside above 70%. This bias is likely to be manifested Thursday.
Closed below range @-5.68, 808.20 Jun09
Coy