Tuesday, May 04, 2010

May 4th EKG

I cant tell if the late sell off will occur today or tomrrow at open

same went for Monday's EKG as the late sell off appears to be occurring this morning

90bars at 10am

126bars at 1pm
neg energy at 1:06pm

156bars @ 3;30

tomrrow has potential to be the low of the week

Jay
at

18 comments:

  1. RickyBobby8:23 AM

    looking for a solid buy between open and 12:00 today to go long to wednesday morning according to what I see.

    ReplyDelete
  2. RickyBobby9:05 AM

    Where are all the complainers from yesterday? Instead of whining, they should have went short according to their convictions.

    lol

    ReplyDelete
  3. RickyBobby9:17 AM

    Here was my conviction --the first post here on May3 yesterday:

    "Thanks Jay.

    smell a bull trap today"


    Great work to Jay for staying bearish overall.

    ReplyDelete
  4. Joe10:08 AM

    Joe said...

    Jay,
    Isnt the forecast for this week down? We will see if EKG works here.

    Very important for bears to hold this area... 1205 cash SPX.

    2:41 PM

    Buzz off little boy. Who called turn at 1205? see the time when i posted yesterday.
    Calling 3 of 3 of 3 of 3 of 3 like a broken record works someday. If today was up, idiot Daneric would have called 3 of 3 of 3 down coming tomorrow. Clueless, in other words and expecting crash every day. Yes, I shorted yesterday and holding them on tight leash.

    ReplyDelete
  5. Joe10:14 AM

    Thinking another 20 pts down should find some footing. 1165 zone. May be tomorrow as Jay says.

    ReplyDelete
  6. RickyBobby10:22 AM

    Yes but you whine like a little girl joe


    lol

    ReplyDelete
  7. RickyBobby11:12 AM

    going long very soon for daytrade. get ready

    ReplyDelete
  8. sirgiyan11:23 AM

    just bought GDX calls

    ReplyDelete
  9. RickyBobby11:40 AM

    me too. yummy

    ReplyDelete
  10. sirgiyan11:59 AM

    I would think GDXJ calls would be even better, what do you think?

    ReplyDelete
  11. Joe12:07 PM

    Today is a very CLEAN AND CLEAR TREND DOWN DAY which will close on the lows. Short every 5 pt bounce, until proven otherwise.

    ReplyDelete
  12. Joe12:24 PM

    BTW, finally, today has some uncanny resemblance to Feb 26th 2007 mini-crash. If so, 1150 could be seen intraday.

    ReplyDelete
  13. RickyBobby12:32 PM

    I made good money today going long hgu.to . Am out alredy but waiting for another Long.

    Still a good long trade on the s&P coming up. Just needs another 2 hour cycle .

    ReplyDelete
  14. sirgiyan12:47 PM

    That's it for today.
    Going north or nowhere now. In fact it might very well be the end of C wave - meaning the next stop is 1230 or so.

    ReplyDelete
  15. RickyBobby12:48 PM

    here we go again

    ReplyDelete
  16. sirgiyan12:48 PM

    Even $#%## Daneric might agree on that tonight

    ReplyDelete
  17. Reza1:44 PM

    I dont think they want to close under Dow 11,000

    ReplyDelete
  18. sirgiyan1:57 PM

    If I was "them" I would close below 11000 and rape bears tomorrow right from the open

    ReplyDelete