Wednesday, March 09, 2011

Market Timing-Whats Next -March 9th closing Report

8AM March 9th

today's psych calls for NOON Change


And as Ive written b4, we should see a HIGH TURN at 11am to noon


The next important pivot should occur as a low on March 10th at 3pm


IMPACT STREAM above seems to be showing a loss of energy, but we dont know what the lag time
is for that to occur.
However, WE do know the POWER data graph agrees with the EKG and shows a sell off starting at noon today.




Jay
 12:30pm
Noon SURGE right on Schedule
Wave a down from 1325 to 1313
Wave b in 2 waves up to 13222
Now we can expect wave "C" to take hold exactly as projected.
IMPACT stream continues to weaken - see chart at top of page
Jay
at

12 comments:

  1. PZY5T010:21 AM

    Sir, you are on a roll! Nice job Jay and thanks for the blog.

    ReplyDelete
  2. Reza10:48 AM

    what happened to UNG

    ReplyDelete
  3. Jay Strauss11:10 AM

    Just as I thought
    We got an open LOW at 9:45 at
    26 hours

    Low also occurred at 11am on an energy point

    NOW, we really should see 11;30 low on NEG energy

    12:07 Pm should provide one more high

    I did not close out shorts, not did I add more, but Will now wait for 12:07 to add more

    SELL OFF this afternoon and continues tomorrow till 3pm

    Friday should open with a strong rebound on 39 HOURS at 10am or sooner
    and sell off the rest of the day.

    Jay

    ReplyDelete
  4. futures trader12:12 PM

    I think for what its worth Jay we might go up or hold here for a while

    ReplyDelete
  5. rrman12:53 PM

    2 for 1 reverse split Reza

    ReplyDelete
  6. stalion1:19 PM

    I realy dislike reverse splits. Most time they continue to drift lower.

    ReplyDelete
  7. worm2:33 PM

    This bull is difficult to smack down.
    :)

    ReplyDelete
  8. stalion4:11 PM

    They build the 'headroom' above DOW 12K incase FRI turns out to be bad becuase of the Day of Rage in Suadia Arabia.

    June futures shows a lot of buying of the $200 barrel contract. So "someone" feels there is a good chance some form of unrest will take place.

    In the mean time we are in no man land between 12K and 12,398

    ReplyDelete
  9. worm4:57 PM

    After hour sell off?
    Btw, Jay's prediction is accurate enough.

    ReplyDelete
  10. xenne5:10 PM

    the b wave triangle might have finished today. maybe we are ready to start breaking some support.

    sincerely,
    cementzak

    ReplyDelete
  11. stalion7:09 PM

    I sure hope so for the sake of my shorts!

    ReplyDelete
  12. Jay Strauss7:16 AM

    Abdullah
    ITS PAY DAY
    How low does the mkt need to go to make you profitable??

    Low today at 3:pm
    Low tomrrow @ 3:pm
    Low Monday @ 4pm

    Im expecting to close out my shorts at 3pm today
    Im expecting to Re-short Friday/s open
    Not sure If Monday will open higher or not as there is neg energy at 8:54am, so that might give the open some relief briefly

    Jay

    ReplyDelete