Sunday, January 17, 2010

Jan 2000 to April 2000

I dont have a graph of year 2000, but you can send it to me if you want

HOWEVER<

Jan 14th was the HIGH

End of Jan took a hit

APRIL 1st to 15th took a MAJOR HIT

Not that we will have EXACT dates this year, but the cycles may be quite similar
btw, this is NOT a GUESS

Jay
MORE NOW

Feb 2nd is related to a number of previous FIBO lows

55 tr days = NOV 12 L
144 tr days = july9th
233 tr days = 3/3 within 3 days of 3/6
377 = Aug 4, 2008
610 = Aug 28/07

Jay
at

27 comments:

  1. Abundance trader12:40 PM

    Check this out guys.

    Pretty interesting outlook.

    Says lower next week, then highs on 1-3 feb

    http://www.ganntrader.org/WR3Engjan18.pdf

    ReplyDelete
  2. Anonymous12:43 PM

    wow jay. you're proposing a decline ending on April 6? that is really a bearish prediction. Does anyone else have similar expectations? Anyway, I guess we'll see. Interesting stuff. Thanks.

    mortie

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  3. Anonymous1:17 PM

    Thanks for the link, Linton.

    mortie

    ReplyDelete
  4. Anonymous3:35 PM

    Jay, the fundamentals are SOOOO different now as opposed to year 2000 when the economy was roaring after a Trillion Dollars was spent on Y2k items. The 2000 decline started because Corp technology budgets were brought back to normal and terrorism was igniting. I hope your wrong and the 2009 to 2012 timeframe more closely mirrors the 1996 to 1999 graph. John

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  5. Anonymous5:32 PM

    Linton

    I'm selling all Longs tuesday morning and buying a 6x(600%) leveraged short position into Wednesday-Thursday.

    ptg

    ReplyDelete
  6. Anonymous5:37 PM

    btw, chartsedge is updated here,

    http://unbiasedtrading.blogspot.com


    ptg

    ReplyDelete
  7. Jay Strauss6:06 PM

    ptg
    whats the ETF symbols for 600% leveraged

    I thought that 300% was the highest
    leveraged etf

    Thanks
    Jay

    ReplyDelete
  8. Anonymous6:14 PM

    I have 10 seperate trading accounts. So thats (3x)x 2 accounts).

    ;)

    ptg

    ReplyDelete
  9. Anonymous7:36 PM

    futures are falling

    sam

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  10. rrman8:01 PM

    Interesting channel from Josh if it holds tonight tomorrow the futes could drop to 1120 by tomorrow...

    http://1.bp.blogspot.com/_RHfXXuyE7EA/S1OImHW7wcI/AAAAAAAAEfk/4mc64o7NjzQ/s1600-h/es1600.jpg

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  11. Anonymous9:18 PM

    nope waitaminute, yep , futures are rising now. I think they're gong to hold support.

    sam

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  12. Abundance trader9:47 PM

    Looks like charts edge, jay, helge, are all pointing down till wed / early thurs

    ReplyDelete
  13. Abundance trader9:58 PM

    oh btw ptg / jay

    What's the symbol for 300% leveraged ETF?

    thanks

    ReplyDelete
  14. Anonymous10:29 PM

    Bullish
    ERX – Energy Bull 3X – 3x the Russell 1000 Energy index.
    FAS – Financial Bull 3X – 3x the Russell 1000 Financial Index.
    BGU – Large Cap Bull 3X – 3x the Russell 1000 Index.
    TNA – Small Cap Bull 3X – 3x the Russell 2000 Index.
    TYD – 10-Year Treasury Bull 3x.
    TMF – 30-Year Treasury Bull 3x.

    Bearish
    ERY – Energy Bear 3X – 3x inverse the Russell 1000 Energy index.
    FAZ – Financial Bear 3X – 3x inverse the Russell 1000 Financial Index.
    BGZ – Large Cap Bear 3x – 3x inverse the Russell 1000 index.
    TZA – Small Cap Bear 3X – 3x inverse the Russell 2000 index.
    TYO – 10-Year Treasury Bear 3x.
    TMV – 30-Year Treasury Bear 3x.


    ptg

    ReplyDelete
  15. rrman12:26 AM

    http://finviz.com/map.ashx?t=etf

    ReplyDelete
  16. Anonymous8:29 AM

    futures behaving nicely.

    sam

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  17. Anonymous9:45 AM

    On Friday the market sold off hard on options expiration day, however no one should be too surprised as this was long overdue; the market had been up 15 of the last 18 days essentially. The market managed to hold onto 'key' support on Friday's sell off (the uptrend line from the July 09 lows) and on the S&P 500 the key support is around 1130, however the market feels toppy to me; the onus is now back on the bulls. However here are a few concerns of mine: We are now in the heart of earnings season and the market didn't respond well to good earnings from INTC and JPM which is differnet from what we saw last year. Also I looked at over 1000 individual stocks over the weeknd for trade setups and only a handful of Longs were found.

    Matt Frailey

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  18. Abundance trader11:07 AM

    seems like futures are higher

    ReplyDelete
  19. sonika11:13 AM

    I Like your blog and hope like the blog maintained by me http://www.i-am-warrenbuffett.blogspot.com

    ReplyDelete
  20. Jay Strauss11:29 AM

    Hi Sonika

    thanks for logging in and for the link
    Jay

    ReplyDelete
  21. Anonymous1:02 PM

    Jay.

    Any idea when on tuesday you expect an intraday high and rollover?

    chris

    ReplyDelete
  22. RickyBobby3:35 PM

    Seeing multi-timeframe positive divergence on the TSX today.

    ReplyDelete
  23. Abundance trader7:38 PM

    11am chris

    ReplyDelete
  24. rrman1:01 AM

    out of my long short 1135

    ReplyDelete
  25. Anonymous6:50 AM

    No new high today. It's going to drop like a stone. Longs are screwed.

    x

    ReplyDelete
  26. rrman7:14 AM

    long looking for 1140 or more

    ReplyDelete
  27. Anonymous8:33 AM

    Market is take off now! No cras coming. It's all blue skt.

    ppt

    ReplyDelete