THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Thursday, April 02, 2009

LOST MY POST ??

I dont know if anyone read the last post, but my attempt to edit got it LOST

4/2 higher open


If anyone got it, please copy and pasted into comments
thanks
Jay

22 comments:

Steve70 said...

This market is going to top - when?

What is wrong this week? Both Jay & Charts Edge have been 180 degrees wrong. Not good for those of us who sold on Friday.

Is there an error in the wave count?

Anonymous said...

What I'm seeing right now is the market will fall today soon, maybe for all day or we start a rally again by mid to late day.

Alvin

Superbear said...

It is looking for Dow 8K.

Anonymous said...

Sounds like we all agree, it will either go up or down NICE

Steve70 said...

My main thing about today is what is the effect on the wave count. Perhaps, a new alternate count needs to be looked at.

Perhaps, at lunch I'll see if there are some other counts that make sense.

Superbear said...

Gents, we got 8,000. Now headfake and I'll short that sucker heavily.

Steve70 said...

We're not going down - just look at it.

There's nothing wrong with being wrong, let's not stay wrong.

We are way above the last week high.

Anonymous said...

Steve70. Being wrong on the call is one thing...trading wrong is another. Nobody here gets every call right. But I won't assume you are all trading wrong. holy grail of trading - cycles + trend. trend...trend...trend....

alvin

Steve70 said...

Actually, I'm an intermediate/ LT investor and lately, have done great - avoiding 15-20% on the downside and getting before the rally.

However, like they say if you miss the best 3 or 4 best days of the year, you also miss most of the gain for the year.

You don't ever like to not participate in great days like today.

Ravi said...

EWI is counting it as a shallow 2 over at Monday low. Now in 3 up.

Ravi

Steve70 said...

Ravi -

3 up - that's sure how it feels.

EW can be dangerous if your count is off.

20 day MA is close to crossing the 50, so the major move down forecast seemed a little questionable.

As they say, All EW's are millionaires, however they used to be 2 millionaires.

Steve70

Anonymous said...

Jaywiz: I don't buy that you "lost" the edit today; you stated down with no prisoners, so how much could you have changed that call other than by watching futures. We can and all do that!

Your call was a disaster, admit it. Be a man about this, none of this bunk about lost Edit. PLeeeze, don't take us for idiots!
Later...

Anonymous said...

IF you want to keep and earn our respect, check your work to make sure it posts. Anything less is just LAME!

Steve70 said...

I believe this is the most flak Jaywiz has ever received.

His long-term record is outstanding so I'm sure he will let us know what went wrong.

Jaywiz - are you out there?


Steve70

Jay Strauss said...

I will make sure my work stays online next time - It was NOT of my doing

Im not ashamed of getting bashed on occasion and today i deserve it

As I previously mentioned I was looking for a WHIP lash TODAY, but it started yesterday on the open and turned up to get what we have today

Yes I missed my own 258 bar CYCLE low and should have been more aware of some other things, but sometimes, we, just like the bulls get complacent and when it goes against you, I have to regroup my thinking and re examine my work

WE WILL NOT miss out on the NEXT rebound
IT WILL OCCUR on the 9th and 13th
SOOO, lets be READY for it.
BUT
In the meantime, a 156 bar cycle should hit at close today or open tomrrow and it should be quite sharp

Merc 90 moon at 2;47pm right now + 300 pts
moon 60 Saturn at 3;33pm could be the turn of the day

Tomrrow falls under the wings of Mars 180 Saturn = the takeaway we have been looking for

Bradley is the 8th and natural energy does indicate a to be a low

Even the full moon at 10am on the 9th is indicating a CLIMAX and could be the actual turn point

More Later
Jay

Jay Strauss said...

Almost forgot
Activity index seems to have turned LOWER at 2;45PM and it takes about 30 minutes for stocks to react

Jay

astro8 said...

Today is not over and seems like a day when they get you in on the wrong side. Financials are not participating today. Market is overbought. I am looking for the lows to come in Monday Tues. and then the Longs will look good. Lots of the big banks reporting next week. With M2M gone they will have a field day

Jay Strauss said...

Propensity index did not show this rally
however the power index did and thats why I warned about the WHIP

but it caught us, Me, with my head in the sand

The POWER index was at 500 this afternoon but drops to 250 by tmorrow's open

THATS a HUGE variance
And Im sure we will see how it effects stocks


HIt +300 at 2:47 and now dropping off at 2;55pm
Not much consolation but It has to start somewhere
Jay

Jay Strauss said...

one more

OBV has dropped from its highs at 12;30pm and is declining as I write
Jay

Steve70 said...

All in all -

It isn't always the news, but it certainly is how the market reacts to the news.

Here's looking for some lower prices in the next couple of days.

It's almost beer time.


Steve70

Anonymous said...

Well I got my decline. Not as steep as I wanted but it still made money. Going long again soon tomorrow.

Alvin

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