I'm leaning toward the idea that a rug pull has to be lurking here, and we could easily end the week lower. The problem is I thought that last week too, and it looked like it was coming true as we had 3 down days in a row. Then Friday they ran in and saved it. It's hard to make predictions when Uncle Sam is lurking in the background too.
Equity rallies based on government manipulation don't strike me as sustainable, and I continue to secure short positions in VXX/FAZ/BGZ that I feel are promising.
Jay - FYI, Crawfords has huge decline starting Oct 1 and perhaps ending 15. We may see DOW 11278 before elections, but then all bids are off and DIVE down we go into sub 8,000 in DOW.
thanks Abdullah I realize that, and I was trying to get something out of you in the way of a discusssion; Do you see his rationale? I DONT Jay Read my latest update on the newer posting
NOT TOO BAD overall
I'm leaning toward the idea that a rug pull has to be lurking here, and we could easily end the week lower. The problem is I thought that last week too, and it looked like it was coming true as we had 3 down days in a row. Then Friday they ran in and saved it. It's hard to make predictions when Uncle Sam is lurking in the background too.
ReplyDeleteAbdullah
ReplyDeleteLast week was then
this is NOW
TIME changes everything
Last weeks late recovery pushed sentiment to the max, for now
Also keep in mind what has been the trend since Mar9th, 2009;
I've mentioned b4 - LOW within first 5 days of month and Highs between 20th & 26th of each month
23 & 5 in numerology reflect CHANGE
Jay
I put up that chart of 1936-1942 as it very nicely resembles current trends from Oct2007
Lost 900 pts
regained 62% = 550 to 1220
held at 1010- lost 210pts
now at 1150 and the C wave seems to point to a loss of 210 to spx950
that would get us an UPWARD BIAS for about 9 months b4 the next severe & brief sell off, but more on that later
Jay
on
Yeah they could drop down and fill that gap.
ReplyDeletepatetic sell off so far, appears not to be impulsive, probably means higher highs soon
ReplyDeletetake care,
cementzak
nasdaq made a higher high as expected... but this can be the final push, closing the may gap
ReplyDeletesincerely
cementzak
cementzak - the gap needs to fill lower.
ReplyDeletemost of Helges graphs show a sharp dip now to Wednesay
ReplyDeleteand again on oct4th
Charts edge has today floating
and higher tomrrow
I show higher tomrrow, but from a closing lower
REMEMBER the warning for the day
ReplyDeleteDO NOT BELIEVE what you see
WEd calls for a CHANGE & unsettling moods
j
BULLS are LOVING this
ReplyDeleteFriends tell me they had best day in months on Friday
All boats rise at high tide.
midnite high tide is tomorow
There are no major energy effects Mon & Tue
Charts edge has Wed with sell off
EKG today at 3pm so far is a bust just like Friday
Jay
Equity rallies based on government manipulation don't strike me as sustainable, and I continue to secure short positions in VXX/FAZ/BGZ that I feel are promising.
ReplyDeleteAbdullah
ReplyDeleteshort positions are only good thru OCT 4th
Octobers energy is mostly positive
FUNNY that POSITIVE energy is 99% positive.
Negative energy can sometimes also be positive,
AT Least when it comes to MONEY
Jay
c
ReplyDeletewaves still choppy-
NOT impulsive
agree
when it goes, there will be NO DOUBT
Jay
If starting WED,
the longer they wait, the more severe it will be on a daily basis- but SO BE IT.
Might be some overhang on AM of the 5th, but for the most part
the rest of the month is biased up.
Jay
Jay - FYI, Crawfords has huge decline starting Oct 1 and perhaps ending 15. We may see DOW 11278 before elections, but then all bids are off and DIVE down we go into sub 8,000 in DOW.
ReplyDeleteAbdullah
ReplyDeletethere is NO energy beyond early 5th that can trounce money
do you see anything?
I dont
Jay
this is crawford forecast not mine.
ReplyDeletethanks Abdullah
ReplyDeleteI realize that, and I was trying to get something out of you in the way
of a discusssion;
Do you see his rationale?
I DONT
Jay
Read my latest update on the newer posting