Tuesday, October 05, 2010

October 2010

One web site I was just viewing makes a good case for a 1987 type crash, but I really dont think thats what we have going this month

It looks like we will make a 4 month correction into Feb 2nd as the pivot low
but more about that later

Jay

4 comments:

  1. jay you have blown out all posters with your stubborn , phony crash calls for many months ..
    what a putz
    time to hang it up !!!
    some blogs quote you ...to do the opposite of what you are calling

    ReplyDelete
  2. downtown walker - I hope you do not make your investment decisions because of what anyone says in a blog or so. Take the information FWIW noting more and nothing less.

    I am in the same boat by saying a CRASH is just around the corner. There is no way in a free market with all bad data (err...fabricated data) coming from Obama/Fed's to even resemble UP trend market. The rubber is getting very thin and when it breaks BULLS better watch out.

    I will also say this, that the DOW can't see 11200-11300 is just IMPOSSIBLE. I'm in records to say I am 40% of my $$$ is in VXX/FAZ/BGZ and they are all RED for me. 50% in CASH and 10% in SLW. Sure, I do daytrade based on Jay's posts and been happy so far.

    Bottom line: BLOGS/Chat rooms/message boards/etc...
    are for entertiment only.

    Good luck to you.

    ReplyDelete
  3. Downtown,
    crash calls are everywhere, not just from bloggers

    Jay
    Check out foundation for study of cycles

    ReplyDelete