Wednesday, February 17, 2010

FEb 17 - update

I cant tell you if the secondary high will be higher at 2pm on
the FED speak or not, but it does sound logical that we might get a TURN of importance
AS THE ABOVE CHART seems to be showing.

SO far however, we did get a HIGH on the SPX AS PREVIOUSLY SUGGESTED
AT spx 1100, and it did occur between 10 & 11am

I am SHORT- March puts mostly with a very small position for Feb
Bot TZA on MKT GURU
& on One of my private fund accounts

The target TIME is Friday at 11am
which has
Moon 90 Mars
13day cycle
180bars at 11:30 , which can truncate

Friday still appears that it wants to close on a high, maybe NOT the HIGH of the week
and especially given that 13day pivot has a strong history of similar action

More later
Jay

46 comments:

  1. SOME OF YOU PEOPLE are going to make it so bad that I WILL NOT GIVE YOU ANY TIMES TO LOOK FOR

    AND IT WILL BE JUST AT THE MOST CRITICAL of days

    TOOOO F'N bad

    YOUR LOSS

    If YOU cant interpolate between 10am & 11am and MUST LOOK FOR EXACT HITS- then ITS YOUR LOSS, not mine

    I TOLD YOU B4

    IM JUST POINTING OUT HOURLY turns
    which OCCUR VERY COMMONLY DAILY
    at 11am
    1pm & 3pm
    IF you cant see that, then NO one can help you

    MARS Retro in LEO is keeping YOU STUPID and ME IRate

    SOOO keep it up,
    YOUR LOSSS, NOT MINE

    Me

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  2. Jay, don't pay any attention to them it just means your getting successful they only mess with the guys that are getting a following so be glad when they come that means your getting a fillowing

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  3. evanlom11:37 AM

    jay,

    hi again - keep up the great work - do not let them bother you - that is what they want - to see you irritated - do not let them get what they want !

    evanlom

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  4. I guess its up now into Jay's 1pm turn time then back down..

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  5. Take it easy Jay please.

    If it's true what they say, then they would leave and never come back.

    They have a vested interest in getting you to stop posting and detering others from following you.

    Don't let the "street" win. These anons are probably Goldman stooges or government henchmen suppressing truth wherever they find it.



    You are scaring them because you are a threat

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  6. Anonymous12:04 PM

    Going short between now and middle of friday as per jays suggestion seems sensible to me (anyone having difficulty day trading might want to try it in a small way)

    Don't whine if it goes wrong -
    do own due diligence and all that of course.

    K

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  7. and let me add that when it comes to "money", the most inconceivable conspiracy scenarios are often correct and/or not correct enough in the extreme.

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  8. Anonymous12:07 PM

    I'm not surs how far jays stuff can look ahead, and don;t where jay gets 8th March from, but he's suggested it might go down in a big way from 8 Mar if you fancy trading funds instead of day trading (which doesn't seem to work for the anons.

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  9. Anonymous12:15 PM

    Higher til 1pm or 2pm (your time) and then lower to the close?

    Can anyone do a projection (guess)any better than that - I won't whine if it goes wrong.

    bill

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  10. thanks
    guys & gals
    Jay

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  11. AS200912:51 PM

    Jay - you are doing a great job - don't lose your cool :)

    Also, thanks for sharing more stuff from a swing perspective :) .. as I don't day trade ...

    Cheers !!

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  12. Anonymous1:05 PM

    I don't day trade, I'm trading ETFs in the UK so longer term projections are welcome.

    Without times or amplitudes and no way of knowing where ones day ends/another begins I assume it must be hard for day traders to follow the graphs. I'm guessing that's why they get annoyed.

    Astrologically speaking is there anything significant about 8th March or is it just a hunch that we fall from about then?
    It would tie in approximately with my Elliottwavers looking for a 3 of 3 about early March

    K

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  13. back in short 1096.50

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  14. K,

    March 8th is not anything VERY POWERFUL
    but on SUNDAY The 7th
    Venus 120 Mars
    and
    Merc 0 Jupiter
    which might have a POSITIVE effect on the Monday opne, but from there it does look DOWN HILL to the 23rd.

    I will be showing that on the March graph later in Feb. Dont want to get too far ahead- no value there for short term traders.

    Jay

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  15. Its just that some of these anons make the stupidist comments which can lead new viewers astray.

    SO, IM deleting them from now on.
    Jay

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  16. Anonymous1:57 PM

    Jay most are your friends. Just ignore one or two anons. It is good to have contrarian views or sulks. Just focus on what you do without losing track.

    All ok.

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  17. Anonymous2:12 PM

    cant take any more of this today,bored out of my brain watching this crap.let em take it up this afternoon if thats what floats there boat.ive got better ways of spending my time than death by boredom lol.

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  18. Anonymous2:13 PM

    This comment has been removed by a blog administrator.

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  19. Well Monday March 8th big down day?
    due to whatever on the sun 7th.
    we have the employment figure friday march 5th

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  20. Took a 1/2 Mar put position.

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  21. Anonymous2:19 PM

    Even without times on the graphs we can see that the stars aren't affecting things as they should jay
    :-(

    is that the fault of the stars or the stargazers

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  22. It's almost time to go Long again. I just bought some FAS.

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  23. outof /es short now long euro /6e 1.3612

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  24. Anonymous2:54 PM

    where are we on jay's graph then or have we thrown that out again

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  25. Anonymous2:58 PM

    This comment has been removed by a blog administrator.

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  26. Anonymous3:03 PM

    Can someone advise me if I should cover my short Puts on spy expiring Fri. Should I cover or should I wait? Where do you see SPY or SPX by Friday? Please share.

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  27. Jay,

    Does the chart say it closes up into the close or is that part for tomorrow? Hard to read the chart with nothing on the X axis

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  28. Anon you need to register to get responses but I think Thursday will be the low between now and Friday depends on what Jay's chart shows for tomorrow but it looks like at the open or close would work I think tomorrow will close fairly close to unchanged for the day...there might be a midday low but I'm not sure

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  29. Anonymous3:22 PM

    This comment has been removed by a blog administrator.

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  30. Even though I say unchanged I think we gap down pretty good into the open the day will be down pretty good but pretty much unchanged from open to close

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  31. Anonymous3:33 PM

    This comment has been removed by a blog administrator.

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  32. Anon I use Jay's daily charts for my trading we are very lucky to have him please refrain from that kind of talk

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  33. JAY, OLD FRIEND,
    You're doing a great job. Just moderate the posts more and keep the naysaying assholes out! I am with you on this trade though a wee bit early. I bought my DIA puts about 20 minutes before the close YESTERDAY...(OUCH!)... also holding TWM.

    ReplyDelete
  34. Anonymous4:08 PM

    what a crock,do nothing all day then ramp job when the cash market closes! bad news for bears(like me)a close up here violates a very significant trend line.i may decide to cut during asian hours.theres a lot to suggest a straight up day now tomorrow.no sense going through 20 pt drawdowns.

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  35. Added a 1/2 SDS position after hours. The current patten on the SPY including pre/post market activity from 2/12 to today is very close to 1/29-2/3.

    I am not ruling out a potential ride up to the mid 112's but it currently looks like a gap down is imminent.

    We are due for a sell off to begin and whether tomorrow, Friday, or most likely next Monday is too close to call.

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  36. Anonymous7:50 PM

    Interesting that both the 1987 and August 2008 project out a final high before the collapse, 8 trading days from now, the 1987 case a higher high while 2008 case a closing high equal to today's close. The last two days action followed the 1987 model precisely although the setup to those days didn't. Both 2008 and 1987 had down days for tomorrow, 2008's was a pretty decent down day (august 18,2008--540degrees from here). There were some black reversal bars today for key indices/ stocks like XLF and EEM and FCX had a nasty reversal day and the EURO and Gold were down hard today, not what I was expecting if this rally was going to continue. EURO looks like it's ready to hit new lows. Gold appears to have a 25 trading day cycle which came in yesterday.

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  37. Anonymous4:48 AM

    jay has removed a lot of the guff which went wrong so it looks better

    all ok

    a dull start in europe this morning.

    a high expected in the next few days then, but don't whine if it doesn't happen. There is no holy grail here or anywhere.

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  38. Anonymous4:50 AM

    jay: it might be a good idea to remove mentions of 16th / 17th being an important high, just in case that projection comes to bite you on the ass..... Put it back on the site if it comes true otherwise just forget it and hope the anons do too. ;)

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  39. Anonymous6:15 AM

    jay gets a few more mentions on other blogs for all the wrong reasons.

    give us something accurate today, not just that it'll go up and down when it wants to.

    sally

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  40. Anonymous7:44 AM

    sally

    I'm targeting your computer for "hacking". If you have any kiddie porn on it, you better get rid of it fast before I get it and pass it on to authorities in your vicinity.

    Vincent

    ReplyDelete
  41. Anonymous7:59 AM

    Making comments in the comments section of a public blogspot hardly constitutes an offence -

    even comments which point out that jays charts are sometimes wrong and he is not infallible :-)

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  42. Anonymous8:16 AM

    Flashfusion is taking a break to work on market timing models. I guess Simon wasn't doing what Simon says.

    sally

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  43. Anonymous8:21 AM

    flashfusion has gone back to the drawing board, reddragonleo is pulling his hair out, Prechter is prob on suicide watch and Jay has just given up due to high blood pressure

    ROFLMAO

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  44. Anonymous8:40 AM

    reddragonleos an idiot. The guy thinks that the market is completely under obama and goldmanSach's control. What a wuss. He made 1 correct market call in the last 6 months and that was "someone" elses work.

    LOL

    x

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  45. Anonymous8:44 AM

    FEB 18

    THE DECLINE FROM THE JAN 19TH HIGH IN THE SPX INDEX IS BEST COUNTED AS 3 WAVES DOWN

    IN THE FUTURES THOUGH I CAN COUNT IT AS 5 . MY BIAS IS THE CASH INDEX HENCE ONLY 3 WAVES

    MY GUESS IS WE SEE MORE SIDEWAYS MOVEMENTS INTO EITHER MARCH 1ST OR 15TH

    YET WHEN LOOKING AT BOTH LINDSAY'S TIME COUNTS FROM THE MID SECTION AS WELL AS MY

    OWN CYCLES WORK MY INTENSION IS TO STAY BULLISH INTO MARCH 1ST AND TO TAKE A LONGER TERM

    BULLISH STANCE FROM MARCH 15TH INTO EARLY AUGUST .

    BOTTOM LINE : TIME IS BEING SATISFIED AND WEATHER WE DO SEE A LOWER LOW OR NOT INTO THE MARCH 15TH

    CYCLE LOW ( FROM AN EARLY MARCH HIGH ) I HAVE TO STAY WITH MY LONGER TERM BULLISH BIAS INTO

    EARLY AUGUST .

    TA

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  46. Anonymous8:52 AM

    Better that you simply do not allow anonmous comments. Just keep it for users who are registered. Why dont you just do that? If you need help please ask me.

    ReplyDelete