STILL running at 70% accurate DAILY since MARCH 24th
we see the late upswing DID make a higher high, but the end of day did drop off but not as dramatic as the EKG shows, and once again proving the direction is more important than AMPLITUDE
Jay
12:30pm Nov 2nd - note
Can never be certain if the late upswing will be higher or not
DIRECTION counts more than Amplitude
Jay
39 HOUR CYCLE at 10am
might be HOD or LAST HOY
Will Wall St approve GOP restructuring - wheres the BEEF- NO - I Mean $$$
Calm gives way to chaos later today
STILL ZIGGING in 3 waves
Activity index was as high as 300 early this AM, but now at 133,
after bouncing off 66 & 166 in between
Jay
15 comments:
More Pomo money coming thursday and
Monday. Don't fight it.
I dont know why GOOGLE is publishing
Politico Adds on my FINANCIAL blog
Jay
Janeva
SOMEBODY is buying POMO
but we''ll see very shortly how effective it is or not
Jay
More Pomo on Thursday and the fed announces
Tomorrow how much more after that. Don't fight
The fed as long as they pump billions into the market.
We understand Janeva. There is no need to repeat it every day. We are all able to make our own decisions. In your case, buy long.
That's fine if you end up being correct. But what if the market tanks. I prefer not to guide others because I could be wrong and someone might get hurt.
If the market closes below it's 13 day ma, that's the time
To get out. Not before and I've said that.
http://www.zerohedge.com/article/goldman-recommends-buying-november-1125-spx-puts-dec-vix-puts-selling-dec-vix-call-spreads
Fed is about to announce 500+ billion more in Pomo money tomorrow.
"Fed is about to announce 500+ billion more in Pomo money tomorrow."
Then this will disappoint Wall-ST. They are expecting $2 Trillion
The market has already priced in:
1) sweeping Republican victories and 2) $1 trillion QE2.
if it does go higher, I say no more than 2% MAX. Down Side is 30% IMHO.
Abdullah. Then go all in short.
I'd wait for a close below 13 sma on spx
To be safe.
That is good advice Janeva. I agree.
Janeva - I never invest 100% in the market. The most I do is 60% no more. I think I am comfy with my 50% SHORT and 10% in my SLW (silver) & 40% in bonds/cash.
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