Friday, December 31, 2010

Market Timing-Whats Next - Dec31st -PM Report

ANOTHER NEAR PERFECT SCORE
Where the HELL are ALL the DAY TRADERS **********
they should be JUMPING ALL OVER this daily report*********
Very rarely is it DEAD WRONG and at 70%, it has a remarkable 10 month record
Jay
Could be a late sell off which also agrees with the POWER Data showing weakness Yesterday
continuing into today, but dont expect anything unusual. Im pact below shows weakness in the AM as also indicated by the AM futures.
Jay

5 comments:

  1. thanks Jay.

    i wish you the Best in 2011.

    take care,
    cementzak

    ps: I'm expecting a major top in early 2011. around the level of 1290-1295SPX

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  2. Hi Jay
    Happy new year to you.

    The dollar fall is holding the market up at present or else I do believe it would have traded a lot lower.Any way I', lookng for the last hour for some fireworks if any, rest of the day could have a 1 point range till then

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  3. hey Jay just got the technicals from GS for today..
    A close above 1259 would have the market pushing to 1302, while a close under 1250 would push market down to 1213.75.
    isn't that so sweety, I just laughed when I heard it ..on crap volume they take there technicals that seriously..

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  4. HI FT
    thanks for the GS update
    Guess they think they know it all.
    They are simply using a data software that predicts daily price trends.
    Power data shows late sell off is possible, but again nothing important, but a late sell off would agree with a down day for Jan 3rd.

    Jay

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  5. Activity index hit 300 earlier, but has dropped off to 200 showing lack of support for high energy,
    it should relate to lower prices
    later today confirming the other data

    Jay
    there is a 60 min to 90 min delay

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