Thursday, December 09, 2010

Day Traders EKG - Dec 9th Update

PERFECT score for today's EKG
Jay
THE EKG shows about the same as yesterday- NOT MUCH ADO
the Impact data stream shows us that energy is waning today- will it show up in reduced
stock prices today or is a further declining in energy later going to effect the open tomrrow

Jaywiz index more bearish today at .28

NOTHING has changed- Still heading for a cycle convergence on Dec 21, but there should be some evidence of the cycle influence starting either tomrrow or Monday.


more later
Jay

9 comments:

  1. yep, pretty boring choppy action the next couple of days... another triangle....? correct, another X wave imho

    sincerely,
    cementzak

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  2. ps: if you are right and we top on Dec 21 then expect a high of about 1256,68 SPX

    sincerely,
    cementzak

    ReplyDelete
  3. C
    thats a PIVOT LOW on DEC 21/22
    Cycle converge
    55-111-165-220

    Last such cycle produced a high
    this one should be a low

    TOP not expected till Jan 7th and or 24th

    Then extended turn down similar to 1st Qtr 2009, or 2000
    Jay

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  4. The bond action is not looking good at all. I believe we are working on a massive, major top in the stock market. When that top finally come about, investors won't have the safety of bonds.

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  5. TIME AND price square right NOW from Previous time slots

    Any minute the mkt could tank

    I suspect Either Tomrrow or Monday
    could shows us the way
    Jay

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  6. Representative Ron Paul, Texas Republican and author of “End the Fed,” will take control of the House subcommittee that oversees the Federal Reserve.

    http://www.bloomberg.com/news/2010-12-09/ron-paul-author-of-end-the-fed-to-lead-fed-oversight-panel.html?cmpid=yhoo

    should be interesting for FAZ

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  7. 5 minutes to go can the ES dec close above 1235..It does troubling signs for the Bear it doesnt then the life support is still works for the bears

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  8. Life support still works for the bears...thats 3 days in a row a 1235 rejection...very bad for the bulls.
    But also bad for the bears is that they cant seem to drop the market down..
    The tug a war continues tomorrow.

    cheers

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  9. Jay - CNBC makes it sound like it's a sure thing that China will raise rates this weekend. They seem to think it will cause a commodities & market dip too.

    Monday could be very bad news.

    ReplyDelete