Friday, April 16, 2010

April 16th EKG




Today starts out at 180 bars and as previously noted appears to be opening Lower

starting at 180bars might not reach a decent turn until 11am at the 13 day cycle pivot
or even at 11;30 at 204bars

And today will finish the day POSSIBLY at 258 bars, unless that cycle drops into Monday's open

we might expect the day's rebound high to complete between 1 & 3 pm

Jay
at

26 comments:

  1. samamehta9:24 AM

    GREAT POSTS JAY. HAV BEEN READING REGULARLY

    REZA,RRMAN YOU OLKS OO GREAT.AND THANKS FOR HELPAND SHAING

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  2. Kc135a9:28 AM

    Jay

    You forecast fits my fractals for the day. A low about 1 to 1-1/2 hours after the open and then up into the close.

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  3. crissy10:08 AM

    @rrman, I#ve got the € running up into monday.

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  4. RickyBobby10:54 AM

    WOW

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  5. stalion10:55 AM

    a close of + to - 30 makes the most sense.

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  6. RickyBobby10:56 AM

    Like rrman I haver taken bigger short positions for longer down process into late April early May

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  7. crissy10:59 AM

    Thanks, look at €/CAD, amazing move today !

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  8. stalion11:00 AM

    Well this is sort of wild. The SEC is charging Goldman Sachs with fraud over CDO's. It's a pretty damning statement.

    Basically they say Goldman, in conjunction with Paulson and Company frauded subprime mortgage buyers. So, Goldman is now down 18 dollars a share.

    This is really quite an interesting development folks and frankly Wall street will circle the wagons and defend themselves.

    But in the meantime, it's really interesting.

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  9. Unknown11:12 AM

    I hope that they crush Goldman.
    RMAN, Helge says down,down, down,
    from now thru Monday?

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  10. RickyBobby11:13 AM

    Going down to next level.

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  11. RickyBobby11:14 AM

    Spiral date hit on April 25

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  12. RickyBobby11:17 AM

    When Tuesaday low pivot is breached, I would say hold on to your shorts

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  13. Reza11:18 AM

    Good calls from Abdullah and Rrman

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  14. RickyBobby11:31 AM

    LOL

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  15. rrman11:39 AM

    I'm flat on the Euro will see what happens Sun nite looks like we should have a rebound wave i am only shorting the pops now because we should be entering a down channel and longs are too dangerous

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  16. rrman11:40 AM

    I am going to hold on to my tza until may at least

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  17. Kc135a11:57 AM

    All the Government ever does is fine companies.

    GS will pay a fine and go on as usual. I wish not but that is the way it has been forever.

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  18. Reza11:57 AM

    rrmsn,

    I am with u

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  19. RickyBobby12:03 PM

    It is finished.

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  20. rrman12:09 PM

    remember guys we are starting a down channel but it won't go straight down we may have more down now but more than likely we might retrace half way back so there is a lot of money to be made in the next 15 days shorting the pops
    Here is Helge's seasonal chart
    http://www.cyclelt.com/SE.htm

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  21. RickyBobby12:46 PM

    Might have an intraday bottom here.

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  22. Anonymous1:47 PM

    still no significant down until early june though,will be a good buy if we get a couple of days like today by the end of next week.

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  23. Reza4:17 PM

    any calls on gap

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  24. forex-cat5:16 AM

    Good blog!!
    Thank you.

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  25. rrman12:18 AM

    http://www.cyclelt.com/SE.htm

    look at the waves on this first chart its almost saying the downwaves mimic the upwaves since the Feb lows in reverse

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  26. Jay Strauss8:16 AM

    Hegle SHOWS MY May 4th LOW
    on CHART #1 as per rrman
    Jay

    ReplyDelete