Thursday, December 24, 2009

Its JUST a matter of WHEN


As this chart shows, they are making higher highs on less strength

So it really becomes a matter of WHEN, and it looks like its going to be soon

flash has expectations for today

Jay

35 comments:

  1. Anonymous9:32 AM

    up up and away in my beautiful my beautiful balloooooooooooooon.

    too bad rrman

    phil

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  2. range 1110 to 1120 we hit the top and bounced off lets see if we go after 1110 now

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  3. Anonymous9:44 AM

    goodluck, yourer going to need it.

    Obama, Benny, and Goldy will get the last word.

    phil

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  4. Anonymous9:46 AM

    I'm going to vote for Obama again. Every patriotic american should do the same.
    The rupublican party is finished! They're all just hypocritical warmongers hiding behind a cross and a swastika.

    phil.

    ReplyDelete
  5. Anonymous9:57 AM

    steady up she goes today as bears like rrman get their heads squeeezed lik a orange in a vice.

    hahaha

    phil

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  6. Anonymous10:05 AM

    Light volume melt up today, long tna 44.61.



    c

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  7. Anonymous10:23 AM

    Start of melt up to SPX 1300 in March , ya.
    1220 in jan.

    Thats only the pre-Lehman episode figure , so nothing special about that.

    1300 to 1150 correction late summer


    Simples

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  8. Still holding ERX from yesterday

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  9. Anonymous10:27 AM

    Bears have been getting killed since March. They're getting killed now. They haven't changed their tune. Ther's a TON of money waitin to flood the market in 2010 to spike this market even higher.

    I think perma-bears are sick mentally.

    phil

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  10. Anonymous10:47 AM

    Totally agree Phil.

    There is a tsunami of money waiting to join the markets in first half of 2010.

    I expect SPX 1300 before any correction .

    This is a "liquidity" driven market , and the bears just do not get it.

    Simples

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  11. Anonymous10:54 AM

    High hit 12:53. Close 13:00

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  12. Anonymous10:58 AM

    I like you simples. You know what you're talking about.

    phil

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  13. Anonymous11:02 AM

    Small caps about to launch any minute now on this intraday flag...still long tna


    c

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  14. Go long upto Dec 31

    http://www.chartsedge.com/

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  15. Anonymous11:34 AM

    I like Reza too. He's not blinded by bear propaganda from rrman.

    phil

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  16. Anonymous11:42 AM

    BULLS RULE!

    I have rrman's money in my pocket but rrman can cover now and make money like all us bulls if he wants to. I don't want to twist his arm to make money. If he likes losing then he can choose.

    Monday starts new week and market will start higher with 100% certainty, no doubt about it.

    Uh oh. Short squeeze happening now .

    phil

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  17. Phil, Simples,

    Whatever the state of the economy is, market is giving confidence that the economy is fine. If the market crashes, then the panic is going to come back and people will stop spending. Thats why the market needs to keep going up, until we hear real good news.

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  18. Once you see new moon, short it until we hit the trend line. Then long again

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  19. Anonymous11:55 AM

    A different kind of Monday, Monday.
    I have it closing down.

    Coy

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  20. Coy, Chartsedge has in down too

    Thanks

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  21. Not that I didn't know already, or that I didn't tell you all already but I just received technical confirmation that the S&P 40-day cycle bottom hit early on Dec.9 and the 21-hour cycle was yesterday.


    Y

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  22. Yes Early Jan is right timeframe for next 20-day cycle low, then we incline into mid-Jan. Next significant LOW is mid-February. That will be at least 5+% correction. From there markets will make a BULL run that will astound everyone! Don't forget to place your bets bigtime

    Y

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  23. Linton12:32 PM

    Any comments Jay?

    ReplyDelete
  24. Anonymous12:41 PM

    What I cannot understand is how you can short and pick a top when the trend is up and we are making higher lows and higher highs.
    Financial disaster .

    Nothing here to make me say "sell"

    So now we have a consolodation period , and are now breaking to the upside from a bull flag.

    This to me says higher prices , not lower.

    Short squeezees can be quite violent.

    I will sell once we make lower lows and lower highs .

    Keep it simple please


    Simples

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  25. Anonymous12:43 PM

    simple

    who are you talking to?

    sam

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  26. Anonymous12:48 PM

    simples,,

    speak for yourself. I hate it when people try to superimpose their trading style on everyone else.

    Don't be an idiot. You don't own the place.

    mark

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  27. Well I'm not happy with today but I think we can still play the dips....I appreciate all the different ideas I wish some of you that spoke up today would speak up more so we can get to know your ideas daily instead of just to criticize the more folks we get putting input the better. Jay thanks

    Merry Christmas

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  28. Anonymous1:27 PM

    I'm short!!!!!!!!!!!!



    y

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  29. thanks rramn
    Merry Xmas to one and all
    Jay

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  30. Anonymous1:54 PM

    2010 should be a good year for the Bulls but for it to be good we need a correction. It would seem we are about out of steam if there are no buyers then you have to sell. tues around 10 am should be interesting

    http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p62472637756&a=162778891&r=681

    YOu have to cut and paste my chart into your browser

    ASTRO 8

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  31. Anonymous2:33 PM

    We are still in a topping process and this will be the beginning of the End. Fasten your seat belts for impending c-wave...roundy, roundy we go


    atilla

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  32. Media rules the country. Last year media was saying everything was falling apart, sell sell sell. Now media talking better than expected buy buy buy

    http://www.forbes.com/2009/12/24/forecast-equity-stocks-bonds-markets-2010.html

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  33. Merry Christmas to Jay and all

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  34. Anonymous11:56 PM

    When is this drop gonna happen,

    i've been waiting since tuesday

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  35. Anonymous8:25 AM

    Drop around March , or second quarter.

    Will be spx 1300 by then.


    Simples

    ReplyDelete