Tuesday, February 16, 2010

FEB 16 =9am update

AS yuo CAN SEE there are variations from LAST NIGHTS posted chart

AND the FUTURES are pointing to a considerably higher open

BUT the ABOVE does suggest a HIGHER open, Mid day or late am low, and a LATE higher CLOSE
which is reflected by HELGE , CHARTS EDGE & Flash, as well as JAYWIZ power index.

After8
thanks for the warning about charts edge, but like I wrote in comments,
I did not JUST fall off the back of the turnip truck

I posted his graph TODAY BECAUSE it agreed with OTHER outlooks.
NOTE that chart is of the NDX, NOT the DOW which
DOES DIFFER some what than what was posted.

You have NOT seen me post charts edge ALL the time,
and I do realize he is sometimes WAY OFF, but this one seemed to talk to me.

MY game plan is to wait till the pivot lows suggested by the following cycles,
and if warranted, I will go long at that time - FOR TODAY

Since astro promises to start out tomorrow with a follow thru rally<
I will probably SHORt tomrrow at or near 11am
As previously posted
204bar @ 11am
Hourly turn at 11am
Moon # Uranus at 10:46
78.6% /13 day at 12;25 which can truncate or not

Since there is a cluster near 11am, that would be the most likely suspect for the pivot low

RRman, I dont see a MASSIVE short or dive tomrrow,
just a retreat in a ROLLING market making its way toward a
FINAL HIGH on MARCH 8th
BUT If you have to CONVINCE YOURSELF of such movement prior to trading then
knock yourself out and go get'm man

Jay

28 comments:

  1. Anonymous9:19 AM

    jay i wasnt specifically telling you about chartsedge,just giving any newbie traders here a heads up in case they take the graphs in expiry week as concrete.personally speaking this is the most difficult time to trade there is.

    ReplyDelete
  2. Anonymous9:44 AM

    short

    pug

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  3. Anonymous9:44 AM

    so there was no slow start to the day today that you predicted

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  4. Anonymous9:45 AM

    This comment has been removed by a blog administrator.

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  5. Anonymous9:46 AM

    Really sick of the anon's whining. Let's see them make the call so we can laugh at those losers.

    C

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  6. Anonymous9:52 AM

    them anons call short, Carl Futia calls long. Jay will say he's called it right whichever way it goes ;)

    this from Carl futia:

    quote:

    "March S&P E-mini Futures: Today's day session range estimate is 1074-1094. I think the ES is in the process of breaking out above its recent 1058-1080 trading range. I think the market will reach 1200 over the next three months."

    frank

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  7. Anonymous9:58 AM

    someone explain this:
    they are 2 contradictory comments by jay in his thread:

    #1. I will probably SHORt tomrrow at or near 11am

    #2. Since there is a cluster near 11am, that would be the most likely suspect for the pivot low

    so tell us jay which is it, a high or a low around 11am TOMORROW ? You can't have it both WAYS

    X

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  8. Activity index which was flying high at 433 last night has dropped now to 100 aat 10am this morning
    Jay

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  9. Forgot about the holiday. The 54-56 hour cycle low is due to bottom tomorrow at 3:30. Note the target is +- 1 trading day.

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  10. after 8
    YES, I realize that but others might not

    IM really PISSED about alot of things going on right now, and Im not going to respond to those IDIOT ANONS

    They refuse to keep up with the thread,a nd pick on something I may have posted last week

    GGRRRRRRRR

    I think they want me to close this blog

    maybe I will,
    and maybe I wont just to anoy them

    they cant amke $$= too bad
    go follow Carl
    Hes' going to take yuo to spx 1200
    HAHAHAHAHAH

    BIG SUPRISE coming next month
    and its not SPX 1200

    Jay

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  11. FWIW there are five kinds of people.

    1) those who make something happen
    2) those who follow what is happening
    3) those who watch what happens
    4) those who wonder what happened
    5) those who comment on what happened.

    The last three are useless.

    KC

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  12. Anonymous10:14 AM

    i think this is just a fake-out, until 1077 goes danger of a big rally remains,i have a small turning point centred for 10:20.i may long it if signs of support arrive.

    ReplyDelete
  13. X
    Sorry,
    MY writing was not very clear

    PIVOTs are meant for toDy at 11am
    Call was for a high today rolling over thru tomrrow at 11am

    I guess it read confusing

    Shorting is meant for tomrrow at 11am


    BUT PLEASE DO WHAT YUO THINK IS best for yu based on YUOR OWN analsys
    THIS BLOG IS MEANT FOR ME ALONE
    GO AWAY AND DONT COME BACK IF YUO DONT LIkE WHAT YUO READ

    Jay

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  14. KC,
    GREAT COMMENT
    thanks
    Jay

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  15. I SAID THE CHART should NOT have been published the nite b4, adn today it shows a diff pic, and taek a lookkat HELGE- continues ther ally from Friday's close, just like this morning guidance graph

    MY GAME PLAN closed out positions FRIDAY, and went flat for wkend
    SORRY IF YUO DIDNT FOLLOW That rule

    NOW, Im waiting for my opp
    at 11am
    IF IT COMSE< SI WILL BUY long
    IF NOT I will wait for short at 11am tomrrow

    ITS REALLY NOT THAT HARD AT ALL

    pg, just because yuo got left holding short over wkend DONT BLAME ME.

    DAY TRADING IS JUST THAT DAY TRADING NOT OVERNIGHT
    Jay

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  16. Anonymous10:41 AM

    10:20 low arrived bang on.just very hard to get an entry long,may have to watch and hope for a pull back that might come.

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  17. ANON
    I DO NOT PREDICT ANYTHING

    I merely point out he potential as the data presented to me from above
    is offered

    Ive written many times
    The graphs make it very difficult to show when one day ends and the next one begins

    IM NOT going to respond to NONSENSE posted by people who dont even want to show their avatars and log in

    If yu dont like what yuo raed here, then GET LOST

    there are lost of EXPERIENCED TRADERS here who understand the markets- I dont have to make excuses to newbies and or idiots who HANG on EVERY WORD written

    MARKTS are FLUID and over wkends we get a clearer pic of what to expect next

    STAY UP WITH THE THREAD OR TAKE A HIKE.

    Me

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  18. after 8
    AGREE
    Yuo are one of the best
    UNDERSTANDING the market

    Yes, I have the SAME problem

    Waiting for a pullback to get long, but we may not get enuf of one to make a play

    IF not, then i will wait out tomrrow's open till about 11am and consider shorting then

    REMEMBER anons
    I SAID ::CONSIDER:: shorting then

    Jay

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  19. Anonymous11:03 AM

    This comment has been removed by a blog administrator.

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  20. Anonymous11:05 AM

    This comment has been removed by a blog administrator.

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  21. Anonymous11:06 AM

    i have another small turn at 11:25 jay,if it falls into that and holds i will long with a 3pt stop.if not i'll probably sit on my hands until tomorrow like yourself.the next "main" move should be down after all.

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  22. Anonymous11:09 AM

    This comment has been removed by a blog administrator.

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  23. ANONS are OBNOXIOUS

    YOU WRE SILENT LAST WEEK
    WHY?
    because the mkt responded
    as we expected

    NOW today we did not get a LOWER open and YUO are bullishit about

    What IDIOTS

    GO AWAY and play in some one esle back yard

    YOU are NOT traders, only LEACHES
    expecting soMeone to TELL yuo when to hold em, when to bid, and when to fold.

    YOU HAVE TO PLAY YUOR OWN GAME
    JERKS

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  24. Anonymous11:15 AM

    This comment has been removed by a blog administrator.

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  25. Anonymous11:16 AM

    For gods sake its pointless to post useless comments by all these hiding anonymous people.

    We are just trying to figure out whats going to happen which nobody knows but we just try. So please contribute the best you can or restrain yourself from trading.

    I can say that we need to be disciplined in taking entries and exits and writing comments.

    ReplyDelete
  26. Anonymous11:19 AM

    I hardly like to ask, but did you go long at 11am ish jay?


    I am waiting on the sidelines til late tomorrow am to consider your idea of going short then

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  27. Jay,

    just for your peace of mind, disregard anons and reply only to registered posters.

    ReplyDelete
  28. Anonymous4:48 AM

    This comment has been removed by a blog administrator.

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