Monday, December 27, 2010

Market Timing-Whats Next - Dec28th -PM-Report

Once again the end of the day could have been deeper, but direction counts more than amplitude, so, an end of day drop off did occur, and more is expected tomrrow
Jay
The IMPACT stream clearly shows the higher open and subsequent drop
Todays POWER data shows the day weaker, leading to a low tomrrow Am before rebounding
Jay
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4 comments:

  1. Pramod7:50 PM

    Dear Jay,

    Can you please post the power graph for this week?

    Thank you.

    ReplyDelete
  2. stalion11:03 AM

    We get a 6 - 8 billion POMO push today. Then we get another 4 - 6 billion action tomorrow. That gives Goldman and JPM and the white shoe boys a lot of extra Christmas cash to go play casino with. With that in mind, we "should" creep sideways and slightly up again today.

    ReplyDelete
  3. Jay Strauss4:24 PM

    Activity index ran up to 500 at noon
    and dropped back to 100 at close today

    what does that mean for tmorrow?

    NOT sure how to answer that, but there is STRONG NEGAtive energy
    at 10:30am tomrrow

    Power data graph indicated a lower day today which did NOT occur, but it certainly wasnt a bull delight either

    After a lower open, the POWER data shows a rebound for the day
    and lower for Thsday & Friday

    Energy for Jan 3rd shows it as an OFF DAY, then the 4 to 6th recover

    Jay

    ReplyDelete
  4. Jay Strauss4:50 PM

    THIS IS THE MOST UNEXCITING market
    we have seen for quite a while

    When will that change?

    Jay

    ReplyDelete