ITS NOW 4pm, and FINALLY, they gave some back- the graph indicates more, but we will take it for now.
Remember its NOT the AMPLITUDE of either the EKG nor the POWER GRAPH.
the DIRECTION HAS MUCH MORE MEANING
The POWER graph & daily readings do sometimes conflict
I should have posted them this AM, but was tied up
SO here is the daily readings which might clarify the differences
Obviously we are not getting a severe sell off today as the EKG shows -
last 2 publications are a bust, but we are still in the 69% range from March 24th start
Monday
DONT BELIEVE WHAT YOU SEE or HEAR
which means the MEDIA is pursuing a false God
I find this reading OFTEN at MAJOR bottoms & Tops
it cuts both ways
Tuesday
PEAK creativity & productivity
Midnite high tide lends a hand to hold onto previous gains
Wed
AHH , heres where it STARTS TO gets hot
Charts edge has a strong down day
Helge is sometimes off by a couple days or his graphs are hard to pinpoint EXACTLY
UNSETTLING moods
EXPECT a CHANGE TODAY
Thsday
Review your $$ values
Stressful energy
Friday
Avoid $$ Risk
overwhelming details
We see the FLAWS- exaggerations & inequities
Saturday
Still not out of the woods
Monday
25th of Tishrei== could be a PANIC day
Financial efforts could be like a mine field today
Tuesday
Dont FOLLOW the CROWD
Jay
6 comments:
Jay,
You still have a bottom for Oct. 4th...but last week the 27th thru the 30th was supposed to be positive, and now it is negative. What changed this. Thanks, just trying to understand. I see a top either Tuesday or Thursday...tons of weekly Fib. links to this week (5, 8, 13, 21).
thanks Jay.
i noticed your previous graph worked perfectly for the dollar ( http://2.bp.blogspot.com/_tOEUlOjbtCU/TJkGNpdQ0PI/AAAAAAAABqA/2aM4eXDq9Lw/s1600/Capture.PNG )
so i wonder if this graph means another week down for the dollar.
time will tell....
sincerely,
cementzak
FRED
The graph is for the power index and sometimes there is a conflict
The readings are somewhat positive for today & tomrrow
but the CHANGE is setup for Wed
Jay
RSI feel HARD after 2;30
Jay
Wall street 1 was released in 1987, the year of the crash .......hmmmm
rrman
there are NO coincidences
things like that occur when they
are supposed to.
Amazing, but this is not a crash, unless of course, you have a big bullish stake in equities.
which MOST of MIDDLE America has, and got STUCK as usual holding the bag in 09
But now they are a little more astute than their parents and are willing to wait for the recovery
BUT moments like this next week tend to shake their confidence
How will it effect politics?
Change is BAD or good??
Keep the staus quo or replace them??
it will be interesting to see their political response.
Jay
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