Tuesday, March 31, 2009

Hit the HIGH notes at 3pm

AND the DOW hit 7725 at 3pm & spx @ 810

3pm LOW yesterday turned into a 2:55 pm HIGH today + 200 pts

Did I buy puts -- Yes

made a second FAILED attempt at 3;30pm

AND DROPPING FAST after 3;30

Next update at 8am tomorrow

More Later
Jay
at

6 comments:

  1. Anonymous5:36 PM

    Hi Jay,

    PREMIUM POINTER

    It lists the end-of-day premium, SPX cash to SPX future differential. It’s my belief that the so called “smart money” acts on a decision about the next day, late in the day.

    Premium Pointer = the last 31 minutes of progressive divergence above and below an operable Range, during the day session beginning at 3:44 PMEDT.

    Basis: Range -3.40 to -3.95, midrange -3.675, low-high 5.19

    3:45 -5.19
    3:52 -3.20
    3:53 -3.18 0.495/5.19 = 9.54%
    4:00 -6.59
    4:03 -6.80
    4:05 -7.85
    4:09 -8.17
    4:13 -8.37 4.695/5.19 = 90.46%

    Overwhelmingly on the side of down, tomorrow.

    Coy

    ReplyDelete
  2. Jay Strauss5:50 PM

    HI coy,
    thanks for confirming the trend for tomrrow for my blog group

    Im sure they were following me the last 2 days and did get short at 3pm

    I know that Rick did

    the most important thing we bears have to be careful about is not getting whip-sawed on April 2nd

    Jay

    ReplyDelete
  3. Jay Strauss5:51 PM

    I just started posting snippets on Twitter
    Why not
    one liner updates during the day

    Jay

    ReplyDelete
  4. Anonymous6:00 PM

    Thanks, Jay.

    Now I have a reason to join Twitter.

    ReplyDelete
  5. tatrader8:09 PM

    Jay,

    I have been following you for about 6 months and I am very impressed with your analysis and projections. Today was superb as you hit it right on the nose. I followed your advice using SDS as a vehicle and am sitting with a pretty profit. I just wanted to say "thank you".

    ReplyDelete
  6. Jay Strauss8:12 AM

    OK TATRADER
    GREEAAAT

    thats exactly what I like to hear

    Pass the word along to some of your friends

    ps; I hope your signed in as a follower

    thanks
    Jay

    ReplyDelete