Saturday, June 27, 2009

Another good chart

Since I generally borrow these charts from other sources, Mr heckler,
it shows I am NOT alone about seeing a decline coming in the next 30days

Remember I posted a drop to 770 area would NOT be out of the question
and the above chart clearly presents those parameters.
ITS really simple FIBO math
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Heres something else to soak up

July 14, 2006 was a LOW at DOW 10,739
July 19, 2007 was a HIGh at DOW 14,000
July15, 2008 was a LOW at dow 10,900
NOW what should we expect on July17th, 2009

This years Astro is leading toward a LOW on r about july15
the timing above represents approx 250 tr days between each annual date

248 trade days / 8 = 31
we've seen this b4, and are tracking it now

JULY 15 th is 89 fibo trade days from March 9th
Astro has a double negative on the 15th as well as a qtr moon -90*
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The end of the month could end up LOWER, but for now lets concentrate on
shorter term such as next week

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I dont think from what ive got so far, that the 29th will be very deep,
so it does leave the DOOR OPEN for another run up on 30th with EOM
window dressing to help lift prices back to or even above spx922.

the reading calls for an OPEN high on JULY 1st and thats the
END of the HIGHS
for July which might THEN end on LOWS as above

more later
Jay






6 comments:

  1. MY thanks to those who registered as followers

    Welcome to my world, in case I didnt say it before

    Jay

    ReplyDelete
  2. Jay,

    Is it possible that Jul 7th can mark a peak and Jul 22nd a bottom?

    ReplyDelete
  3. Arak

    Anything is possible. The question is what is likly and where do you have best risk reward entris and exits.

    Would like to hear what Jay has to say likelihood related to those dates.

    ravi

    ReplyDelete
  4. Anonymous12:19 AM

    That's my POINT. You're not the ONLY one who sees a decline to wherever. There are many if you're honest, not just many but many pied pipers with BIG subscriber bases like McHugh for example. We ain't got much time before the top in late-July. It's coming fast and the bottom 888 is in. You watch and learn from the master.

    Mr heckler

    ReplyDelete
  5. What is LIKELY ??
    Astro says
    High July1st
    Low July9th
    High with some minor bumps along the way to July22

    HOWEVER,
    Remember I mentioned the number 23
    2+3 = 5 = CHANGE
    ______________________________
    After the 22nd we get a CHANGE that the stock market WILL NOT enjoy, but the bears will thru the EOM.

    All of the above will be confirmed as we move thru the month using the power & propens indexes as the month progresses.

    Arak
    the Eclipse of July7th calls for
    HARD WORK & discipline + UNSTABLE emotions
    The ECLIPSE day does NOT sound like a catapult is possible as I previously described it might be.
    I really see the HIGH of the MONTh possible on JULY1st.
    I will be shorting that peak 110%.

    _______________________________
    July 8th & 9th
    8th is 55 tr days April20th closing LOW at dow 7841 -spx 832
    BUT
    July9th is 55 tr days from Arpil21 at 10:45 low @ 258 bars
    at spx 826, then closed higher on the day
    Also;
    Apr 8th & 9th are 8day lows & turns

    You guys are keeping my at my desk when i would like to play more golf, and enjoy the pool[ggg]

    BUT you must know I love this stuff and will take it to the end, but hopefully thats a LONG LONG TIME from now.
    Alziemers is not for people like us.

    Mr heckler
    PROOF will suddenly appear
    on JULY6th= potentially a very serious day
    __________________________
    comment about celeb deaths
    Dramatic Human events usually occur the week prior to an eclipse
    Princess Diana death was RIGHT ON the day prior to AN ECLIPSE.
    ____________________________

    Iran could come apart on this eclipse

    more later
    Jay

    ReplyDelete
  6. Anonymous12:13 AM

    thanks Jay. will wait for july 1 high to add shorts

    sam

    ReplyDelete