Wednesday, January 27, 2010

Jan 28th daily graph


Follows the power index dropping from 500 today to 275 friday

Todays energy got reversed
Gietner took a beating in the AM, and we got a green light in the PM

We'll see what Mr Pres stirs up tonight, but the reading for tomorrow calls for
disturbing
postponements
possible shocking news

Sun II Pluto
Moon 135 Sun
agitation & intensity
sounds like he will want to read congress the riot act[g]

Jay

21 comments:

  1. Jay, I agree that a down day (possibily a lot) tomorrow is likely.

    Especially if 1103 holds as resistance in the morning.

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  2. Anonymous10:20 PM

    Bears continue to get slaughtered in this market. Next stop s&p 1200

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  3. I went short 1097 missed a few point but we should start going down shortly big drop coming in the morning will gap down at the open then up all day i hope i'm awake to get out of my shorts and go long at 1080 or so whatever the bottom of the wave looks like...

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  4. Anonymous6:40 AM

    everything points to us being in "A" of wave 2 up now. the feb 1st cycle low may be the "B" low and up for "C" into red dragon leo's feb 9th top. shouldnt see 1082 again for a while...

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  5. I have to believe this wave down is just late i thought it would happen overnight looks like its going to carry over into the trading hours like Jay's chart shows...still short from 1197

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  6. rrman

    Great call

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  7. So we should expect a down day?

    I was thinking we would counter rally to either 1103 or beyond

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  8. Anonymous10:18 AM

    im thinking this may be european markets helping take this down,ill look to long sometime around euro close.got to be honest,i wasnt expecting this lol.

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  9. haha, i'm quite convinced by jay's chart after seeing the trade earlier.

    went short @ 109.21 SPY

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  10. out of shorts at 1086.75 flat

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  11. out of shorts at 1086.75 flat

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  12. Jays chart says slight rebound then down again

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  13. long futes 1087.25 time for the upside

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  14. where are we now on jay's chart?

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  15. out of longs flat i think i'm done for the day not getting a good read on direction

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  16. ok long es 1083.25

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  17. ok in my ira bought tna 39.64

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  18. i'm making a killing here.

    All thanks to Jay

    Cheerios!

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  19. congrats Linton Jays the best!

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  20. Hooray for Linton and
    anyone else who caught
    this down leg

    BTW,

    THe BEST IS YET TO COME

    whatever we get today will be EXACERBATED Tomrrow

    Jay

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  21. was short from 1102.5 last night but stopped out at 1099

    Now long at 1178

    Atilla is long now FWIW. He has been making good calls lately.

    RRman you are great.

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