Thursday, March 11, 2010

after market comment

ANYBODY else looking at this ??


A SELL SIGNAL of the internals
CAN BE DELAYED from 3 days to as much as 10DAYS

Are you familiar with the ARMS & TRIN indexes??

on FEB 25th
ARMS 5 = 139, a BUY
TRIN 5 = 697, a buy
trin 10 = 1147 , a buy

On March 10th & 11th SELL SIGNAL WERE GENERATED
arms 5= 81.4 & 75.4
Trin 5 = 407 & 377
trin 10 = 933 & 916

THESE ARE NOT MY SELL SIGNALS

they are generated from the MARKET's INTERNAL Data on ADV/ declines & VOLUME

I have kept track of this data for 7 years and it is very telling

but the reaction doesnt have to be IMMEDIATE
and you ALL KNOW THAT

WHEN THIS BABY GOES,
we WILL KNOW IT

POWER INDEX DOES DROP OFF TOMRROW for the FIRST TIME ALL WEEK

There are 15 TRADE days till APRIL 1st and the the COMPRESSION thats building up will be exacerbated.

when it starts to cascade, NOTHING WILL STOP IT till APRIL 1st.

Jay
AND TODAY PUT the FROSTING on the CAKE

New highs
Monday 470/6
Tuesday 432/2
WEd ?
Today 293/1

daily ARMS INDEX
WED = .66
TODAY= .57

ARMS 5 NOW = 69.6 = SELL
TRIN 5 now = 348 = SELL
TRIN 10 now = 866 + SELL

WHEN ALL 3 indexes are in SYNC - IT YELLS OUT LOUDLY

Jay
at

11 comments:

  1. Reza5:25 PM

    Jay,

    Is this chart finished

    http://slopeofhope.typepad.com/.a/6a00e009898222883301310f45c345970c-popup

    ReplyDelete
  2. Reza5:32 PM

    Jay,

    Do you have tomorrow's EKG

    Thanks

    ReplyDelete
  3. Reza5:52 PM

    rrman,

    Tomorrow's open is it down or up.
    Jay's chart is showing down for tomorrow.

    ReplyDelete
  4. Jay Strauss6:27 PM

    EKG shows YOYO
    so far but a better picture will emerge at 8:30am, at least for the open

    As I have stated, its from a data stream, and picking the start and finish is variable, as we can see by today's lack of showing the end of day rally on the initial ekg

    Jay

    ReplyDelete
  5. Jay Strauss6:57 PM

    FOR COMPARISON
    ARMS DATA

    June 24,2008 dow 11,842
    arms 5= 85.8
    trin 5 = 429
    trin 10 = 899
    DOW FELL IN 14days to
    10,962

    Feb 27, 2008 dow 12,694
    Arms 5 = 76.6
    trin 5 = 383
    trin 10 = 937
    DOW FELL in 8 days to
    11,740

    Jay

    ReplyDelete
  6. Jay Strauss6:58 PM

    Thanks Reza, i posted the DOMED house chart
    meant to do it last week, but lost it.
    Jay

    ReplyDelete
  7. Reza7:03 PM

    Jay,

    Is it a dead case or still on it.

    ReplyDelete
  8. sirgiyan7:10 PM

    BTW, when exactly does new moon take place Eastern Time?

    ReplyDelete
  9. Reza7:14 PM

    But when you look at this selling, money is actually flowing out

    http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=topnav_2_3000

    ReplyDelete
  10. rrman8:08 PM

    Reza I think we gap down

    ReplyDelete
  11. Reza8:13 PM

    Thanks rrman

    ReplyDelete