Monday, January 11, 2010

Jan 12

-----------------------Tuesday OPEN--------2pm ?------ 4pm -To be shown later

Jan 11th worked well - lets see how Jan 12th works out as above

End of the day is NOT pictured yet, so there could be a late recovery- see it in the AM

204 bars at OPEN could offer a strong retreat as above
228bars at 11:30 am
258 bars at 2pm, could offer the LOD


Jay

15 comments:

  1. Maybe you dont remember but I did the DOW math and it came to 10,752

    14,280 - 6440 = 7840

    7840 X 55% = 4312

    6449 + 4312 = 10,752

    NOT TO SAY that number is a MUST

    Just like a song i KNOW
    cause were almost there

    Jay

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  2. Anonymous5:05 PM

    while I'm here...update Started the week awesome with the oil trading wont get into it but it hit my target zone of the upper 83.90 at 83.95 on CC got a position I am very happy with in addition to some nice piggy bank material currently 84.10 March. My target is 71 on CC. could go lower but we should see 71 no problem.

    Been working es since last night (4 hours sleep) got to 1142.75 overnight dumped 40% at 1139.50 avg. then re-shorted to 80% 1143.50avg. so I will call it 1143 @ 80% dumped 5% on the open 4:30 at 1141.75 putting it back if we close the gap 1142.50 if not...

    the target area remains 1119- es I still think we go higher after this drop. 1156-1173


    zoro

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  3. Anonymous6:37 PM

    Alcoa getting smashed in afterhours. Should be good for a nice gap down tomorrow morning. Shorted the close.


    jm

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  4. Anonymous6:45 PM

    That was the top folks. i'm callin it. About 1150 was it. Now we should decline for several weeks. This guy has some good insight to support my claim too.

    gary




    http://danericselliottwaves.blogspot.com/

    ReplyDelete
  5. Jan 12th chart continues lower
    after the published chart on the main page into the close
    and
    Looks like its slides into the 13th
    as shown on the BIG graph of Jan 2010

    Jay

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  6. Linton10:07 PM

    I was tempted to short the close too

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  7. Anonymous12:37 AM

    For once, many posters on here are right. We could get a repeat of last January with a nice multiday decline starting tomorrow. I shorted the morning strength today and loving it. Will hold this position for a while. This rally is getting really tired. Finally the end is near.

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  8. Anonymous7:17 AM

    Last week's favorite quote:

    ""Whoever is short here will have to take the pain to 1300 .
    PTG birdbrain hasn't a clue what he is doing , lol

    Simples""

    -------------------------------

    ptg

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  9. Anonymous7:28 AM

    The day is not over birdbrain.

    First day down , and the idiot gets excited.


    Simples

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  10. Anonymous7:46 AM

    ptg

    great trade.

    mark

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  11. How many time do I have to post this

    JAN 22
    JAN 22
    Jan 22
    Jan 22
    Jan 22

    NOTHING SERIOUS is going to happen
    until then

    Yes maybe wave "a" lower to 1120
    Yes maybe wave b recovery on Jan 22
    BUT wave "C" is where the MONEY is
    potential to 1050 in 6 days to Feb 2nd

    Simples
    You would have much great credibility if you logged in as a member so no one could mimic you

    We are not sure if you are actually making those comments or not

    same goes for every one else
    its very easy to do on the main page.
    I do it at every financial blog that I visit

    Zoro, great FINANCIAL comments
    THANKS, and rrman also


    I have been calling JAN 11th for a HIGH for some time now
    MY graph shows it as potential for such an event, and its beginning to look probable

    BUT DONT FORGET the BIG money is going to be AFTER JAN 22nd

    Jay

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  12. Long LLTC, earnings play

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  13. Long LLTC, earnings play

    ReplyDelete