to my knowledge Jerry R has retired has been Ill with heart problems, but did so well in 2008 that he is tending to his own health and not posting or trading
Hank Tomrrow is HEAVILY clustered with negative aspects and should react violently with follow thru to the 55 tr days cycle on Friday.
Funny that Oct 1st & 2nd are also afflicted with numerous but less critical aspects, but the 4th is a MAJOR CLUSTER & full moon Which SHOULD act as a CATAPULT the week after- thus the Oct8th calls for important highs.
Also oct 1st & 2nd are FIBO cycles and should be lows @ 216 tr days from Nov 20 & 233 Oct 27th Plus 144 from March 9th
One would expect that convergence to offer lower lows than the fibo convergence on the 25th BUT Mercury which has been in RETRO since the 7th goes DIRECT on the 29th.
on the 17th merc was 11 out of 22 days in retro, and any effect of that retro has been delayed, but the Direct motion follows Yom Kippur and could be quite invigorating
Jay, Thanks for the replies. So a big sell-off tomorrow thru Thursday, correct?? Just so we are all on the same page. I'm going to short 100 percent sometime today before the close.
A 1074.77 1057.46 -17.31 a 1057.46 1066.22 8.76 b 1066.22 1062.47 -3.75 -42.8% of a c ? 1062.47 1073.81 11.34 129.5% of a B ? 1057.46 1073.81 16.35 94.5% of A C ? 1073.81 1045.80 -28.01 161.8% of A
Sam, The VC system is long from yesterday @ 42.32 qqqq. The stop is rising and is at 42.36. However, I did not take this trade, so I did not post it. Most people here seem to want bearish trades. I will post when the system exits longs and goes short. It won't be before 42.20 qqqq.
I don't know how long has the so-called Hank followed this blog. But do watch out. Trade according to your own system! Jay's prediction is no better than tossing a coin. If he gets correct, like a broken clock, he will brag: the market behaved just as I told you, bala bala bala. If he gets it wrong, he will say nothing or just say: of course, we can not get it all correct. So be adviced: be careful.
I dont know why people like ANON bother to post anything here they certainly dont OFFER anything to HELP traders
Members/ traders KNOW what to do.
And I do not cover up my wrongs
I just move on to the next cycle
which brings me up to date
Ive been looking for the 25th to be a buy and am still expecting the next 3days to sell off, but Thursday might just linger
USUALLY Yom Kippur (28th)is marked by very SLOW trading and the reading this trip calls for making progress prior to a better reading for Tuesday the 29th.
LAST YEAR was very unusual that it sold off so dramatically and ended down 678, then opened down another 700 pts next day but recovered much of that loss.
at this point I can say for sure that a HUGE 5 day rally is COMING.
whether its after the next cycle LOW, of Spt 25th or October 2nd cannot be determined yet.
Jay
however, IT might NOT be SUCH a HUGE buy opp as the MKT today is flirting with a new spx & dow high
which IMO, means the REAL correction and the effects of teh fibo cycles have not even begun
So, what AM i to think?
Im thinking that OCT1st & 2nd could actually turn in that low at spx 1000 ive been looking at.
a Weekly chart of the SPX it would seem the move up cannot be sustained but hey the market does what it wants too and has. A move to 1035 area would be a test of the center tong of the green fork and a move even to 1K spx would still be inside the wedge and bulls would say that nothing is wrong and they might be right.......for now
X wave today
Activity index rose from 100 at 5am to 266 at open--
ReplyDeletenow dropped to 166 at 10am, with a 30 to 60 minute lead time
power index shows steady drop today and decline tomrrow
propens index has yet to make a steep drop
Jay
Sam
ReplyDeleteThe sentiment about October 10th to 16th will change 10 times till we get there
It will be most important the first week in Ocotber
Jay
Jay, for the record, you are expecting a substantial sell off tomorrow the 23rd??? And what is Jerry Rubenstein saying?? Thank You
ReplyDeleteYes it can be x wave before the next a, b, c down to complete 4 around 1040.
ReplyDeleteSome chance that it morphs into an ending diagonal to complete 5.
to my knowledge Jerry R has retired
ReplyDeletehas been Ill with heart problems, but did so well in 2008 that he is tending to his own health and not posting or trading
his twitter is blank
gurubinstein
Jay
Hank
ReplyDeleteTomrrow is HEAVILY clustered with
negative aspects and should react violently with follow thru to the 55 tr days cycle on Friday.
Funny that Oct 1st & 2nd are also afflicted with numerous but less
critical aspects, but the 4th is a MAJOR CLUSTER & full moon
Which SHOULD act as a CATAPULT
the week after- thus the Oct8th calls for important highs.
Also oct 1st & 2nd are FIBO cycles and should be lows @ 216 tr days from Nov 20 & 233 Oct 27th
Plus 144 from March 9th
One would expect that convergence to offer lower lows than the fibo convergence on the 25th BUT Mercury which has been in RETRO since the 7th goes DIRECT on the 29th.
on the 17th merc was 11 out of 22 days in retro, and any effect of that retro has been delayed, but the Direct motion follows Yom Kippur and could be quite invigorating
Jay
SPX is indicating nothing but strenght today! Any correction near the close will lead to more strength tomorrow.
ReplyDeleteSomething in your analysis has gone awry Jay.
oo
Jay, Thanks for the replies. So a big
ReplyDeletesell-off tomorrow thru Thursday, correct?? Just so we are all on the same page. I'm going to short 100 percent sometime today before the close.
Cal Vic what is your system saying here?
ReplyDeleteThis comment has been removed by the author.
ReplyDeletePossible Path:
ReplyDeleteA 1074.77 1057.46 -17.31
a 1057.46 1066.22 8.76
b 1066.22 1062.47 -3.75 -42.8% of a
c ? 1062.47 1073.81 11.34 129.5% of a
B ? 1057.46 1073.81 16.35 94.5% of A
C ? 1073.81 1045.80 -28.01 161.8% of A
Sam,
ReplyDeleteThe VC system is long from yesterday
@ 42.32 qqqq. The stop is rising and
is at 42.36. However, I did not take this trade, so I did not post it. Most people here seem to want
bearish trades. I will post when the system exits longs and goes short.
It won't be before 42.20 qqqq.
I don't know how long has the so-called Hank followed this blog. But do watch out. Trade according to your own system! Jay's prediction is no better than tossing a coin. If he gets correct, like a broken clock, he will brag: the market behaved just as I told you, bala bala bala. If he gets it wrong, he will say nothing or just say: of course, we can not get it all correct. So be adviced: be careful.
ReplyDeleteThanks Vic. I am trader. short or long. keep posting you and cal have been good. thanks
ReplyDeleteSam,
ReplyDeleteYour welcome.
I dont know why people like ANON bother to post anything here
ReplyDeletethey certainly dont OFFER anything to HELP traders
Members/ traders KNOW what to do.
And I do not cover up my wrongs
I just move on to the next cycle
which brings me up to date
Ive been looking for the 25th to be a buy and am still expecting the next 3days to sell off, but Thursday might just linger
USUALLY Yom Kippur (28th)is marked by very SLOW trading and the reading this trip calls for making progress prior to a better reading for Tuesday the 29th.
LAST YEAR was very unusual that it sold off so dramatically and ended down 678, then opened down another 700 pts next day but recovered much of that loss.
at this point I can say for sure that a HUGE 5 day rally is COMING.
whether its after the next cycle LOW, of Spt 25th or October 2nd cannot be determined yet.
Jay
however, IT might NOT be SUCH a HUGE buy opp as the MKT today is flirting with a new spx & dow high
which IMO, means the REAL correction and the effects of teh fibo cycles have not even begun
So, what AM i to think?
Im thinking that OCT1st & 2nd could actually turn in that low at spx 1000 ive been looking at.
00
ReplyDeletethats what they said on Friday
BUt the MKT opened down 100 pts on monday
TOmrrow's OPEn SHOULD BE a HUGE gap DOWn and NO RECOVERY
Jay
Ideally I would like to see today close weak
COY
You got any times for today?
Ravi's Failed 5th and or Diagonal triangle ? MAYBE today
If you llok at 5 min chart from 9:30 to noon it shows bearish wedge and it is broken. what do you think?
ReplyDeleteSam
ReplyDeletethe UP 50 dow thrust open appears to be as a 3rd wave which was followed by a clear ABC THEN a higher high at 12;30.
which looks like it completed 5 waves to that point
NOW we need to see 5 waves LOWER rather than an ABC which might be hard to ID until tommorw.
& i dont know what you mean by broken?
Jay
Jay,
ReplyDeleteJust a suggestion. Why not state your trades real time? Then no one
can dispute that your system works.
Victor
ReplyDeletei have posted my trades many times
jay
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=3&mn=2&dy=0&i=p20806734239&a=154422239&r=492
ReplyDeletea Weekly chart of the SPX it would seem the move up cannot be sustained but hey the market does what it wants too and has. A move to 1035 area would be a test of the center tong of the green fork and a move even to 1K spx would still be inside the wedge and bulls would say that nothing is wrong and they might be right.......for now
Astro 8
Jay Can you tell us your current trade? Short from what level. Than you.
ReplyDeletevictor
ReplyDelete9/17 bot TZA at 11.62
it got to 11.98 and i should have dumped it but ----- didnt
Also bot some DJVVP @ 89cts
Waiting for expected correction
Jay
thanks astro 8
ReplyDeletethats an excellent point
Jay
Jay and others,
ReplyDeleteWe may be doing 3 peaks and a dome.
http://thepatternsite.com/3peaksdome.html
I think we are on number 21 and may be we are looking for number 22 tomorrow or day after. Any comments
Market nearly always moves up into Fed announcements. I am looking for a high on 24th or 25th.
ReplyDeleteRon