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| 8:30am March 3rd |
39 Hours @ 10am or sooner with Postive energy @ 9:37am
Pos energy again at 10:51am
Neg energy at 2;00pm
pos energy at 3:38pm
the EKG does seem to reflect the energy of the day
And it does seem to agree with the Power data, adjusted
Today's Psych calls for a better outlook & teamwork
TOMRROW's EKG shows an OPEN RALLY ALSO, but the eod is not avail till tomrrow am. this also agrees with the Power Data for open rally, and the PD does show a collapse after
tomorrow calls for caution with travel, confusion & conflicts
Jay
17 comments:
Well this is pretty funny. I'm typing this and the futures are on fire. We have the DOW futures up some 80 points. Why? Over in Libya they're still bombing their own people, we have oil over 100, and I don't see any real reason why they're pushing so hard. Sure brent crude is down a buck, but it's still sky high. For what ever reason, Europe is pretty green too.
Maybe there was a leak of the upcoming initial jobless claims? I don't know, but it is interesting. I find it especially interesting after yesterday afternoons "save" of the market. It wanted to be red badly and they did every and anything they could to keep it from happening. Now with no really apparent "excuse" we're up big? Go figure.
Maybe it's a delayed reaction to bernanke's testimony yesterday. If you listen closely, he hints toward QE3 twice, but it was hidden in all the rest of the blah blah he spews. Maybe they spent some time last night deciphering what he said and figure they are safe to continue to play cowboy in the market? We'll see.
just how LONG do you want to be, if tomorrow the job report really disappoints again? We could give up 150 points in a heartbeat. So without a doubt, we're in a dangerous time. In fact I can twist it one more way.. What if the jobs report is great, and interest rates pop higher? Will they then decide that bernanke's going to stop QE, and actually sell it? This is a very tough one to figure out.
position: SHORT SPY
Just what are the criminals up to here?
Could it be a leak of tomorrows non farm payroll report? Yes that's a possibility. Here's another one. We've seen them do this some times in the past, we call it "headroom". What if they know the jobs report will suck and they are creating a big "space" overhead so if the market gets walloped, it's still above 12k?
We really dont' know what the criminals have planned for us. If the jobs number is horrid, they'll pout early, and we'll be red. There's also the chance that it could spell the next leg down of a correction. In other words, today could be a "blow off top" of the rebound we got from last weeks sharp sell off.
Frankly this is a very dangerous time.
Another issue I'm trying to deal with is that if indeed the jobs report is great (doctored) will they instantly panic that Benji won't do QE3? What's more important, free Benji money or jobs? Benji money, ofcourse!
HI Abdullah.
Was the jobs report leaked you bet ya, on globex way before the report the FED's brokers and the treasuries brokers where buying the shit out of this market.
If you think that the Libya issue is over, I'd be suprised.
Gaddaffy is long oil like all the other Arab nations and so they want to be seen doing something while knowing that havent done Jack.
If this was to hold (treaty) then why sent warships over.TOday or tomorrow I think I high will be in and then we are going down.
Oil should be down $5 at the moment not a buck.
Also $100 kills discretionary spending.good luck retailers, and yes the Ipad 2...
As much as this is pleasing to a lot of folks, frankly it stinks like 5 day fish. We have 181 shiny new points here and yet our airforce is in Egypt, possibly getting ready to enter Libya? We have oil over 100? No, sorry it doesn't compute.
Either the jobs report for tomorrow is terrific and they've got it leaked to them, or they are pushing us up ahead of it, knowing it's going to disappoint.
Tomorrow is just too 'up in the air" for me. Sure it could run another 200, but boy if this doesn't smell "wrong".
Helge shows wave down in futures beginning now should be half way back around 1.3907 on /6e then up wave around 3am central europe open and we bang at the high again around US Open then down all day reversing around lock up 4pm friday and big up wave sunday night with brief over throw of high then down all next week ...../es has been tracking Helge pretty good lately so it might work for it also
hope so, rrman
rrman - so Helge saying this was a "BULL TRAP"?
Tops can take a long time to play out
pretty interesting...
http://tickerforum.org/akcs-www?getimagenr=92555
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