As I wrote- some times it really difficult to delineate when one day ends and the next day begins
I dont MAKE these charts myself
They come to me from universal data and they are already published in advance
I try to show ONLY the data and graph that has relevance to the NEXT day
rather than include prior day or 2 to 3 days in the graph
I think this shows more clarity rather than including past days
Today showed a rally at open and typically we top at 10 to 11am as we actually did
Reported possible low at 11:30, DUHH , we actually got a low at noon
reported possible high at 2;30, and it occurred at 1;30- OMG just shoot me-gg
Reported possible low at 4pm, and it hit at 3;30, damn missed it again -gg
If I dont blow my own horn, I dont know who will
Yes, I do better in declining markets, but that is GOING TO CHANGE
You see my FEb graph and THOSE who will keep you AND ME short all the way
UP to FEb 28th will not be welcome
IT looks like the addition of the DAILY graphs has increased my accuracy greatly.
Looking forward to more of the same- later
Jay
Anyone look at a 60 min graph of the market lately? It looks like a waterfall decline is about to happen like October 2008...just saying. Must be tough to be puts this late in the game but sometimes the best trades are the toughest ones
ReplyDeletethanks for your charts. i agree that we are very close to a bottom. are you expecting new highs after this crash? take care
ReplyDeleteJay.... great work this week.
ReplyDeleteYou mentioned that monday will open on 180bars and start the decline.
I've been thinking that this would play out as follows:
Monday morning - up/flat open and then slowly begin to selloff.
Monday afternoon - selloff picks up close on lod
Tuesday morning - gap down capitulation and mid day reversal
Your thoughts?
Thanks Jay have a great weekend!
ReplyDeleteIt looks like we got the mother of all sell signals, a monthly lower reversal, and a monthly 2close reversal. Wonder what Hadik has to say about his current possible 4wave pullback theory now? He changed his website the other night and deleted the headline about the current bull market being in play so he must be changeing his tune somewhat.
ReplyDeleteI expected the decline to accelerate once it broke support at the Dec lows but it might be waiting for the full moon to ignite the action to the downside (following the solar eclipse top on Jan 15). There should be a weekly wave 2 bounce in the interim (following the initial low) and then watch out below. Wave 3 of iii of 1 about to begin in my opinion.
Many bears on message boards looking for a bounce; no sign of panic yet and sensitve investor polls like AAII did not see a noticeable jump in bears despite last week's big decline (on previous pullbacks bear numbers would explode rather quickly)
Everyone's expecting a bounce. I doubt we get one. I'm still loaded to the hilt in puts. If we gap down and massacre Monday, I'll be able to retire lol
ReplyDeletePrechter was right, this is going to be bloody come Monday. All those conditioned dip buyers will panic soon
ReplyDeleteRRman
ReplyDeleteyou are on right track. wave A down complete or near complete. wave B 50% retrace to start Mon to 1090is. Then Jay', Prechter's avalanche to 930 before any meaningful rally. just mho
Feb 9 or 10 are avalanche days.
ReplyDeleteSam wouldnt surprise me if a lot of that wave happens before the open Monday...
ReplyDelete[u][b]Xrumer[/b][/u]
ReplyDelete[b]Xrumer SEO Professionals
As Xrumer experts, we have been using [url=http://www.xrumer-seo.com]Xrumer[/url] for the benefit of a wish leisure conditions and grasp how to harness the enormous power of Xrumer and adapt it into a Cash machine.
We also yield the cheapest prices on the market. Numberless competitors devise order 2x or even 3x and a destiny of the time 5x what we charge you. But we believe in providing prominent mending at a low affordable rate. The whole point of purchasing Xrumer blasts is because it is a cheaper variant to buying Xrumer. So we plan to keep that bit in cognizant and provide you with the cheapest grade possible.
Not only do we be suffering with the unexcelled prices but our turnaround in the good old days b simultaneously after your Xrumer posting is super fast. We will take your posting done ahead of you distinguish it.
We also provide you with a ample log of successful posts on contrary forums. So that you can see over the extent of yourself the power of Xrumer and how we be struck by harnessed it to emoluments your site.[/b]
[b]Search Engine Optimization
Using Xrumer you can wish to realize thousands upon thousands of backlinks in behalf of your site. Tons of the forums that your Install you force be posted on oblige exalted PageRank. Having your join on these sites can truly serve establish up some cover dignity help links and really riding-boot your Alexa Rating and Google PageRank rating through the roof.
This is making your position more and more popular. And with this better in regard as well as PageRank you can keep in view to witness your place absolutely superiority high-pitched in those Search Engine Results.
Traffic
The amount of transportation that can be obtained aside harnessing the power of Xrumer is enormous. You are publishing your plat to tens of thousands of forums. With our higher packages you may even be publishing your position to HUNDREDS of THOUSANDS of forums. Ponder 1 mail on a stylish forum will almost always cotton on to a leave 1000 or so views, with signify 100 of those people visiting your site. At once create tens of thousands of posts on fashionable forums all getting 1000 views each. Your freight longing function because of the roof.
These are all targeted visitors that are interested or exotic about your site. Envision how divers sales or leads you can fulfil with this titanic gang of targeted visitors. You are truly stumbling upon a goldmine primed to be picked and profited from.
Reminisce over, Transport is Money.
[/b]
TRAVERSE B RECOVER YOUR CHEAP BURST TODAY:
http://www.xrumer-seo.com
Cementzak
ReplyDeleteWelcome and thanks for registering
I doubt we will see a higher higher, but it matters NOT for short term traders who visit this blog for daily guidance
Sherm
thanks
the DAILY guidance graph should be available Sunday night
Does anyone have any experience with Xrumer??
they want $540 for their program
and I dont have any idea what they are offering for it.
Im supposed to make more $$ with IT?? HOW is that when this is a free blog and always will be.
Thanks for all the great comments
Jay
Anons
ReplyDeletethanks for yuor comments but Yoou really should register on the main page- its easy and only takes a few seconds
Its also great for my ego.
im trying to get to 100 members
almost there
Jay
shark, I wanted to be number 100.. shark..
ReplyDelete