Friday, August 26, 2011

Market Timing-Whats Next -Aug26th GDP & BEN B -a market BUST

At 1:30pm, IMPACT  STREAM SHOWS ENERGY WANING


Aug 26th @ 8:30am

THE WHOLE WORLD IS WAITING FOR THE BERNANKE ASSIST

How much more can he offer ?

And why would the FED offer anything NOW?

The mkt has NOT crashed, (at least not yet[gg] )  so IM sure hes ONLY in WATCH MODE

Should we get another melt down such as another Downgrade or One of more European country
BK's, Thre might be some fed response

BUT THERE IS NO REASON FOR THE FED TO ACT NOW
PLAIN & SIMPLE

more later
Jay

2 comments:

  1. 180bars seems to have a few minutes late at 10am rather than yesterdays close.BUT we still have possible lod at 4pm on 258bars.

    1190 - 1136 = 54 - ah fibo

    now at 1167 = 1136+31

    54X 62% = 34

    potential to 1170- HAH
    JUST GOT THERE in 5 waves

    Ed cycle HIGH due at 1:45
    should offer the afternoon turn
    to a lower close

    ANYONE else ever notice that hurricanes tend to strike the US coast when the mkt is making a low??

    Jay

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  2. ONCE again the EKG signaled a late sell off and FROm 1:45Pm EXACTLY on OUR OWN ED CYCLE, it began to erode

    And frequently just like the day prior, the EKG signaled a sell OFF
    IT CAME THE NEXT DAY

    WILL THAT HAPPEN MONDAY Also

    MY WORK SUGGESTS the answer is YES
    BUT Will it pivot UP again before heading under 1100?

    THIS is getting MONOTONOUS or is the WAVE just getting compressed
    waiting to UNCOIL

    WE have the answers at the Jaywiz VPN
    Some come ON DOWN and get in on the KNOW.

    THERE a GREAT TUNE THat goes like this

    I CAN SEE CLEARLY NOW< THE CLOUDS ARE GONE- I can see all obstacles in my way

    more later
    Jay

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