AS I PREVIOUSLY NOTED several TIMESthe MIDDLE OF NEARLY EVERY MONTH SINCE the Mar 9th, 2009 LOW
We have seen a MID MONTH HIGH from the 16th to 20th
AND a LOW in the FIRST week of the month from the 1st to 8th
I mentioned this b4, and again now
THE ENERGY & daily readings for this week are mostly benign to positive
Thus the ORIGINAL energy graph for JULY has been quite accurate
with only minor variations
math model for recent decline and rebound
spx 1131-1010 =121
121x 78.6% = 94 pts
1010 + 94 = 1104
Might be Wednesday & Thursday target high
Jay
15 comments:
Fighting the trend is not good for the pocketbook ... that's for sure ...
The correct phrase should be: "bankrupt because we listen instead of thinking ourselves"
I listen to everyone and then I make decision based on MY understanding and system.
Jay's analysis is a !!!!very valuable part of my puzzle!!!!, but only a part nevertheless.
Good luck
Jay! Keep it coming - great stuff
I am onboard with Jay. I think i am ha. i am nibbling shorts here IWM in the gap and should fill took a small position. 1110 is top of the regression channel on spx
http://i32.tinypic.com/2lm8c48.png
regression is the while lines the red ones are larger trendlines stopping the market fyi
thanks GUYS
You must COMPARE my analysis to YOURS & others
MY JULY MONTHLY GRAPH has been spot on
You must ALSO NOT be In the current month options as of the FIRST of every NEW MONTH
I will be SHORTING more at 2pm today
DATA indicates a LATE SELL OFF TODAY which is OVERDUE as each of the last 3 days ended HIGHER
BUT more important is a SHARP drop on the power data from 600 to 300.
THEN after TOmrrow's OPEN LOW at 10am @ the 26hr cycle the power index JUMPS back to 600 by days end and holds into the 15th
Jay
Jay
Today's bars & cycles HIT exact, but its not easy to see on a chart because they are only subtle pivots
10am
11;13
noon
ENRGY HIGH is at 1;52pm in just a few minutes
Activity index today has been at 66 to 100 ALL day today
SHOWS NO STRENGTH regardless of the rally
Jay
Ben - very strong words to use ... you have to do your own analysis ...
dont rule out an extended rally this month jay,i have your secondary high on the 22nd a possible high for this leg up.a big down day on the 16th and im on board with you though.
MOON in LEO today
OVER ZEALOUS for sure
Moon in VIRGO at 7:13am
Calls for
ADAPTING to CHANGE
Unsure & uncertainty
Projects DONT GO AS PLANNED
EKG blew the close today
BUT IT OPENS Sharply lower
and we will see the results at 8:30am
Jay
watching S&P to hit 1100-1105 before adding to my FAZ. looks like tommorrow AM could be it.
What other shorts everyone watching?
New readings have come to light
TOmrrows read
ADAPT to CHANGES
UNSURE MORNING
Projects fizzle
Thsday
EARLY problems
Jarring news
UNSTEADY influences
Fri
HEAD FOR COVER
Expect challenges
Avoid risk
caution with $4
ITS VERY POSSIBLE we NOW have the HIGh this month, unless the 15th late afternoon tried to recover
as the readings calls for such
Jay
Cramer- Bottom in for the year, just buy on the next pullback 3-5%.
Translation: from previous bottom of 1002-20= 980 area is going to next bottom
Abdullah,
The printouts: so far the printouts say SPY 112.41 & 102.88 & 97
Which one prints in which order is the question.
Printout from two weeks during the down week: printouts said 102, 107, 106.2. VIX 24, all had been printed.
The way the market is trading right now is feed the computer a print: it will print.
So keep an eye on the printouts
yesterday AH, AA earnings - AA went to 11.22, but printout said 10.87, todays low was 10.87
AAPL's yesterday fake printout said 246. AAPL did print 246
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