Tuesday, October 27, 2009

correlation - maybe

Consider the SCENARIO I have laid out
against the above chart
Kenny used this chart to show where we might be at the moment

FROm where I stand it looks LIKE the X wave hit at 1091
that might mean wave a after the X might have hit this AM
BUT I dont think so

WE have 2 important CYCLES converging in NOV
first on NOV 2/3 IMO, and then on NOV 9/13 according to Hadik

THUS, I would overlay the MKT to hit wave a AFTER the X on NOV 2nd
then wave b which follows on NOV6th
leaving ONLY wave c -Y to occur on NOV 9-13
and IMO, its actually NOV 16th

ALSO What ALL that means is WE GET another
RUN to new 2009 HIGHS by DEC 17th - Which is WHERE we see JUPITER 0 Neptune
that represents the ULTIMATE illusion of POWER

BUT we really dont need to be concerned about Dec just yet.
its just to get some perspective on what level the
NOV 2nd and or 13th dates might settle out.

keep in mind a very simple RULE OF THUMB = SPX 40 pts = to dow 300 pts
Ive been recording this phenomena for quite some time now

From 666 to 1101 = 435 pts, nearly 440 which is 11 x 40
From Oct2 to Oct21 at 1101 = 81 pts
From 1101 to 1061 is Hmmmm = 40 pts

NOW we should probably be looking for this wave to correct
the WAVE from July8th at 870 to 1100 = 230 pts
the previous correction at that time was 6/11 to 7/10 and 86pts
________________________________________________
YOU CAN SEE HOW EVERY WAVE ADHERES closely to the 40 pt rule
& NEAR multiples of 40 So we should expect the same NOW
_____________________________________________

using FIBO we can determine those price levels
38% x 230 = 88
50% = 115
55% = 126
62% = 143
and so forth

So far we only see about half of 38% = 40 pts

1pm was 204bars and they are taking that out as I write
the next bar cycle is at 3pm

Jay





40 comments:

  1. thanks Jay so up into close up thru around 10am tommorrow then back down...?

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  2. covered long and went short /es 1063.75

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  3. Anonymous3:38 PM

    Buy the Dip tomorrow morning for the reversal for sure. All the right pieces look to be in place.

    mark

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  4. rrman

    Not sure how you came to
    that conclusion

    Jaywiz cycles are low pivot points
    thus 10am tomrrow should offer a pivot low, especially since weve had 2 days UP open

    the MAIN low this week looks like
    the 29th at 10;30 am, but any rally should still be sold until NOV 2nd

    Jay

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  5. MARK
    YEs, that looks like it should work

    same for 29th

    Jay

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  6. Anonymous3:44 PM

    Jay,

    yeah thanks. Maybe their won't be a dip but nevertheless a reversal rally is imminent, no doubt about it whether the low is in now or tomorrow morning early. I'm long and will add more tomorrow especially if it dips some more.

    thanks Jay.

    mark

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  7. sorry Jay I had it backwards stayed up all night playing the futes rumdum

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  8. Coy
    Afternoon highs hit on the astro aspects at 2;20, & 3:11pm

    The MAIN influence this week is SUN
    90 Mars at 4am on 29th which should have a NEG effect the close on 28th and open on 29th

    Jay

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  9. Coy
    Afternoon highs hit on the astro aspects at 2;20, & 3:11pm

    The MAIN influence this week is SUN
    90 Mars at 4am on 29th which should have a NEG effect the close on 28th and open on 29th

    Jay

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  10. out of my /es short from 1063.75 flat will get back short tonight the /dx is overbought and /es is oversold bet we see some pop tonight

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  11. Elliot5:10 PM

    This stuff is all non-sence. Until
    Jay posts his trades REAL time, his methods are invalid. With ALL due respect Jay you need to post trades real time to prove your cycles etc. are profitable.

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  12. Hi all, well I was looking to go long till Nov 2nd. Market did not allow that of course and I exited at 11200 on TSX, Kept my OIL and AG stuff. I guess this week the Bear won and what I thought was a head fake wasnt... Still have some equity left in mrkt so that a small bounce occurs into early Nov.

    Anyhow, Im no expert but lets see if the 50MA is support on the TSX. I believe this to be the case

    Thanks
    Joseph

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  13. Anonymous9:21 PM

    Gap down!


    atilla

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  14. Anonymous9:34 PM

    Atilla,

    What price should we exit? Is the pee pee indicator working well nowdays.

    Sol

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  15. Anonymous7:08 AM

    I sure hope the futures stay down so I can buy some cheaper shares when it opens. Looks like a rally today just like Jay and others were calling for.

    Sandy

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  16. Anonymous7:12 AM

    Too tired. What I do see is an ED coming out of a triangle on the minis. Not sure if it is done or has one more leg down. So it could either complete before the open and SPX has seen the low or the cash index might do the often seen gap down and reverse. On one of these the open is time to get out of shorts. And no, it does not necessarily follow that SPX has a triangle.

    Good luck!
    Posted by Kenny at 5:43 AM

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  17. SOME ONE IS NOT FOLLOWING the THREAD

    TODAY"S OPEN DOWN IS NOT THE END OF THE DECLINE !!!!!

    Its just the begining

    13day JAYWIZ cycle is on the 29th at 10:30am and thats where the BUY OPP is

    Spx should plunge to 1040 area before finding a footing

    YES a REBOUND on 29th after 10;30
    should find the 30th high and another SHORTING OPP

    Jay

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  18. well poo I was going to get out at 1053 but it ramped up before I could get out will hold now until 10am eastern and go long per Jays Dip call sounds good you've been right on Jay appreciate you!

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  19. added to short /es at 1057 will go long at 10am eastern

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  20. Anonymous9:19 AM

    Futures are creeping up BUT I want them to stay Down for accumulation. I don't like that Positive Divergence on the Futures 60m chart.
    They better let me in today before 10:00 or I'll be really PO'd.

    Carl

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  21. Anonymous9:38 AM

    Wednesday - Down Day.

    High 09:42 - 09:50

    Really into the lows 13:59, lower going into the close.

    Low of the day could be 15:13.

    Times are interpolated, could be off as much as 8 minutes.

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  22. Anonymous10:00 AM

    Just for clarity -
    My post above does not say rally.

    You'll recognize the change. Really into the lows, come 13:59.

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  23. out long went short 1052

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  24. oops i mean out short went long 1052

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  25. Anonymous10:05 AM

    SUN 90 Mars works for me. Thanks, Jay

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  26. bought fas for ira 73.33

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  27. Anonymous10:15 AM

    rrman, good trades

    reza

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  28. still in long was a little early but still looks good /dx stoches are at the top rolling over /es has been inverse of /dx target /es around 1070 maybe 1080 if we get lucky

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  29. Anonymous12:56 PM

    Getting ready to cover.

    Cal, yes the Cal that was scaling in short 2 weeks ago and said the Mon. AM pop would rollover. So far up almost 50 SPX points.

    The next 3 days might be key.

    Over and out!!

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  30. wow Cal congrats!! I think since we went all the way down to 1044 support we prolly only get back up to 1057 today so I will look at going back short around that area this afternoon

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  31. Anonymous1:23 PM

    50 dema

    is a good place to cover for a bounce.

    Billy

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  32. Anonymous1:28 PM

    Cal

    good trade, u and me both. I don't know if anybody remembers my down,down,down post and my post that said I was praying for a raly so I could oad 10 truckloads of shorts. Yep that was me.

    btw. which Cal are you? There's another one right? I haven't seen him post for awhile if you're not him. He's a real good trader too.

    Billy

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  33. Anonymous1:39 PM

    As long as the Oct 2 lows hold, there's nothing really bearish about SPX.

    joey h

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  34. Anonymous1:43 PM

    BOTTOM IS IN!!!!!!!!!!!!

    PLAY DIS RALLY!!!


    LONG!!!!!

    x

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  35. rrman
    THE TEND TODAY IS DOWN

    1070 spx is NOT there today and as of tomrrow AM at 10:30, we should see at least 1037

    Damn IBM is holding the dow up.

    Im encouraged by the LOWER low AFTER 11am which = the 258bar cycle- In an UPTREND, that 258b would have triggered a PIVOT LOW
    BUT this time it was merely a brief spurt, if that.

    After 2:38, the MKT should descend more dramatically leading to a 60b low either at close or OPEN tomrrow

    Ive seen this occur often when a bar cycle is on the CUSP and Im guessing it will hit on the OPEN to COINCIDE with the 13day JAYWIZ cycle at 10:30 AND a 39 HOUR cycle at 10:45 from the 1101 high on the 21st.

    Jay

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  36. This comment has been removed by the author.

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  37. Anonymous2:14 PM

    time to go long! 1050.3

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  38. jay is right, we may see 1037 by tomorrow.

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  39. Anonymous2:44 PM

    JAY is Wrong!

    x

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  40. X
    I love you man
    Keep it up, and NOW we will see who gets buried

    DO YOU REALLY think they will TURN ON A DIME TODAY???!!!!

    Duhh
    wake up man

    Jay
    go to new thread

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