Tuesday, June 16, 2009

A day of REST

I Sold some puts yesterday as reported

Before heading much lower tomorrow, TODAY is just a day OFF

Looks like an UP open as posted yesterday

Today should looks like something this
UP till 9;45 to 10am
DN @10:30
UP to 1pm to 3pm
204b@ 12:30
228b @ 2;30
Rally to 3pm- 3;15 or even 3;30
DN last hour & close

HOURLY HIGHS & turns are usually found at
11am
1pm
3pm

NOW, those of you who EXPECT everything I write to become ABSOLUTELY accurate,
I can assure you will be disappointed, but the info I offer is based on scientific data & daily cycles, etc.
BUT-- IF youve got something better, then lets see it.

MY game plan is to SHORT any rally above spx 930
I will be adding as the day progresses

Also SOLD my JUNE gold puts yesterday, but will buy July today

Jay
9:29am

9 comments:

  1. Anonymous11:19 AM

    Jay - you are doing just fine . . .

    ReplyDelete
  2. Anonymous11:24 AM

    I took profits on longs. Thanks Jay. Looking to short soon.

    Kathy

    ReplyDelete
  3. Anonymous12:02 PM

    Thanks jay. you are doing great. your guidance has been wonderful.

    I will add to the short around closing.
    cashed in healthy prfoits from yesterday.
    sam

    ReplyDelete
  4. its looking like the first hour might have been the HOD,

    the PROPENS index drops midday but recovers some near what might be 3pm, but no guarantees on that

    I bot some puts on GLD and DJX, and will add more an any upticks.

    Tommrow should be wonderfully bearish as predicted weeks ago

    Jay

    ReplyDelete
  5. Jay

    Can you discuss what you see beginning Friday and extending into next week?

    Best

    Jeff

    ReplyDelete
  6. Anonymous2:56 PM

    jay do you see a rally around 3 Pm? what is the good entry time for adding shorts here?

    sam

    ReplyDelete
  7. Anonymous3:48 PM

    I'm adding more shorts now.Thanks Jay.

    Kathy

    ReplyDelete
  8. Anonymous4:01 PM

    Let the fun begin tomorrow Jay. thanks for your help.

    sam

    ReplyDelete
  9. Thats the kind of finish we will remember for a long time.

    THis leads to a very weak open, but a rebound is showing up on the propens index after the initial low point which should between 10;30am to noon

    258bars @ 10:30
    BUT a low could be influenced by
    Sun 90 Uranus at 10;57
    OR
    78.6% of 13day cycle at noon
    AND the day doesnt end there, but more about that in the morning
    Jay



    I dont have the rest of the day yet, but will report in the AM

    ReplyDelete