Tuesday, July 13, 2010

UPDATE JULY 13th CLOSE

New readings have come to light
TOmrrows read
ADAPT to CHANGES
UNSURE MORNING
Projects fizzle

Thsday
EARLY problems
Jarring news
UNSTEADY influences
***EXPECT LATE RECOVERY


Fri
HEAD FOR COVER
Expect challenges
Avoid risk
caution with $

ITS VERY POSSIBLE we NOW have the HIGh this month,
unless the 15th late afternoon tries to recover,
as the readings calls for such, but it might just FAIL to get anywhere close
depending on how serious it gets next day & 1/2.


Jay

3 comments:

  1. Jay - thanks for sharing ... what are these reading based on and how do they change ?

    Pls share what you can :) - just trying to understand better ...

    ReplyDelete
  2. THEY DONT CHANGE
    Additional readings just came to LIGHT, which I did NOT have access to b4.

    IF by any chance we OPEN DOWN 200 dow tomrrow, I WILL COVER MY SHORTS bot today

    BECAUSE there will be a tendency to RECOVER

    DITTO for Thsday
    NOt the same for Friday
    as a lower low at close should lead to more serious selling on
    the 18th

    The PC ratios close 80% BEARISH
    ARMS 5 = 62.6 LOWER than yesterday
    TRIN 5 = 313 DITTO

    ReplyDelete
  3. The only reason for a gap down would be horrible retail sales ... otherwise looks like a gap up ..

    ReplyDelete