More of the same stuff
Down to start or right after open we have 120bars at 11am
High into Eclipse late in the day
Remember the math model shows 10,752 possible at 55%
Activity index never backed off today, closed at 300
power index flat at moderately higher levels near 475
Its strength wanes a bit on the 15th & drops to 375
Jay
MKT: SIMON says there is a hole down to 1101 SPX; strong bearish reversals at 1150.5, 1152; bulls can accumulate as low as SPX 1123.1
ReplyDelete19 minutes ago from web
Could someone smarter than me help with the interpretation?
Does it mean that the decline might only get to spx 1123.1?
Thanks. Lorita
What is Flashfusion talking about now?
ReplyDeleteIf SPX goes down to 1123-1100 from a 1150 reversal, then the TOP is in, finished most lkely. I hope Flashfusion understands the inference.
The 3 uplegs into Jan.22 would most likely be a lower high.
Not saying it can't happen but it changes the emphasis of the decline enormously.
Peter L.
Flashfusion should mention a date when this "Hole" to 1123-1100 might happen.
ReplyDeletePeter
If I'm correct, Flashfusion mentioned this hole to 1100 last week, and also addded that there would be a low between the time he mentioned this and the 3 upleg runup to the 25th Jan. and advised us to find that day(low).
ReplyDeleteWell I think that "hole" was yesterday's low and Flashfusion may have overlooked it because he's not looking at any other indicators perhaps.
Is he Jewish and still waiting for the first coming and didn't realize He came and went?
Peter L.
Gap up!!!!!!!!!!!!!
ReplyDeleteThis rally is just getting started...1200 here we come!
x
If we count wave 1 rally from nov 27 - dec 4th. its ard 6-7 trading days.
ReplyDeletewith reference to this link.
http://4.bp.blogspot.com/_TwUS3GyHKsQ/S05BghzlTcI/AAAAAAAADkU/cuAMwmNy6YE/s1600-h/nasdaq.png
if we add 6-7 trading days from yesterday's low. it is jan 21/22, which is exactly meeting jay's target of a final peak on the 22nd.
means we are gonna rally now!
FLASH is emulating my GRAPH of Jan 2010
ReplyDeleteAny setback PRIOR TO JAN 22nd is limited to 1123
but IF it does touch that level prior to Jan 22nd,
then Jan 22nd would provide a LOWER HIGH that late today
and thus would set the stage for a strong sell off at month end
JUST HE WAY MY CHART SHOWS IT
ITS REALLY THAT SIMPLE
JAY
and this is at lest teh THIRD TIME I HAVE posted this scenario
PERSONALLY
IM PATIENTLY waiting JAN 22nd to take FULL ADVANTAGE of the coming decline
SATURN 90 PLUTO
Saturn planet of KARMA and responsibility
MEETS PLUTO
Planet of DEATH & rejuvination
Power struggles
restrictions
FORCED UNWANTED CHANGES
MUST DO WITH LESS
IN addition we also have SUN 180 MARS on the 29th = CONFLICT
THE PLANETS SPEAK
more later
Jay
Whatsup?
ReplyDeletesam
a day that just frusstrates the bears. That's whatsup sam.
ReplyDeletebob
Buy the dip!!!!!!!!!
ReplyDeleteRrman,,
ReplyDeletestill holding long?
Cathy
Let me reiterate. A day that teases the bears like some kind of torture.
ReplyDeletebob
Currently in a wave2 of 5.
ReplyDeleteti
Market's not ready to drop til next week...dips are getting bought big time. Long and strong!
ReplyDeleteCathey out of longs went short about midnight 1144.25 still short added to shorts a bit ago 1141.75 think we get 1138/36 then will go long..
ReplyDeleteWell everybody knows my position. I am Long and adding more longs.
ReplyDeleteptg
breakout!!!!! Going long here.
ReplyDeletet
Thankyou for the reply rrman.
ReplyDeleteCathy
added more shorts 1144.50
ReplyDeleteDear Members,
ReplyDeleteFriday, 15 Jan 2010 is solar eclipse. Path of eclipse will be from Asia to middle and east Africa. Major negative impact or news will come out from these counties. China and India is paying a key role in today’s economy and financial market and eclipse path is passing through both of these countries is really a concern point. I warn commodity and stock market investors to remain watchful as any negative news from China can bring Tsunami in financial markets.
We are expecting huge up move in 30 years bond, and rebound in grains from tomorrow.
15 Jan eclipse says: Stock markets are at very important juncture, and they should fall sharply from here. We will watch stock market trend very carefully next three trading session. We believe that fall can start so please trade with stop-loss and puts because both these minimize risk and loses.
Currencies will start moving down from tomorrow, so we will hold dollar position tightly.
As we mentioned in this week newsletter that metals would remain positive on Wednesday and Thursday, better you take sell position either middle of day or tomorrow on opening. No positive news for all metals from Friday evening, avoid precious and base metals, also one should get out from metal stocks by tomorrow.
Oil will trade side but Natural gas will move down sharply from here.
U guess who it is
MAHENDRA
ReplyDeletebob
king of ambiguity mahendra
ReplyDeleteyes
ReplyDeletemarkets are coiling into Jay's 11:00am low as depicted on the current graph, afterwhich it will pop just like the graph.
ReplyDeletecc
Just added 50% more longs right here.
ReplyDeleteptg
out of shorts 1141.25 going to take the profits while i can think i'll wait and go long here in a bit
ReplyDelete1142.25 correction
ReplyDeleteThis looks like a good spot to go long...count me in.
ReplyDeletesteve
Long here.
ReplyDeletelong 1142.25
ReplyDelete1141.25 correction can't ty;pe
ReplyDeleteDamn good graphing this week
ReplyDeleteshould I keep it going??
Pictures are worth 1000 words
High at 10am- typical
low at 11am @ 30 bars
60 bars at 1;30
90 bars @ 4pm OR OPRN next day which might be more in line with astro
Jay
caution
we might NOT get as high a rally as the pic shows, as we are bumping up against resistence at 1150
remember the math
1576-666 = 910
910 X 55% =500
666 + 500 = 1166
Also keep in mnd the 40 pts rule of thumb
40 x 12 = 480
480 + 666 = 1146
So we right within the framework of the math model between 1146 and 1166 & a 20 pt variance
Jay
1167
out of longs at 1144.50 was at the dentist didnt post my buy it was 141.25 think i may wait and short the close ....
ReplyDelete