THE NEW JAYWIZ 2023
Monday, November 21, 2011
Market Timing-Whats Next -NOV 21st - VPN- gets ADVANCE view of MONDAY
HERES a SCREEN CAPTURE of the EMAIL that was sent out to the
VPN group Sunday - about 7pm
NOTE the TIME & DATE on the email above to verify that claim.
It says sent by and to Gerald Strauss
Thats because its now sent out to 120 members via BCC email
IS THERE ANY DOUBT that the EKG is a RESOURCE of IMMENSE VALUE?
I dont think so.
STAY TUNED
Jay
Today's call is for an UNEASY START & the day holds a DIFFICULT TONE ALL DAY
258bars & Ed cycle LOW are due at 4pm
today is ALSO an 8 day low from the 9th
AND a 13 day low
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5 comments:
SUCCESS speaks for itself
SURE, I make mistakes
who doesnt
BUt we more than compensate for those errors by catching the BIGGEST MOVES of the YEAR
Aug 8th low
Oct 4th low
and NOW
NOV 28th LOWS
COMBINE the EKG with BAR & ED CYCLES, with ENERGY, LONG wave CYCLES, ELLIOTT & TEch data-
makes for ONE HECK OF A TRADING METHOD
for now
Jay
Sales of previously owned homes in the U.S. probably declined in October for a second month as falling property values failed to sway buyers, economists said before a report today.
Purchases decreased 2.2 percent last month to a 4.8 million annual rate, according to the median forecast of 65 economists surveyed by Bloomberg News.
Unemployment hovering around 9 percent, falling appraisals and strict lending rules will probably keep hurting demand even after homes lost 32 percent of their value from the 2006 peak and mortgage rates sank to record lows. The end of a temporary halt on foreclosures stemming from faulty seizures may push more homes on the market and trigger even more price decreases.
“Most people recognize that prices are still coming their way, and there’s no great urgency to go out and buy,” said Joshua Shapiro, chief U.S. economist at Maria Fiorini Ramirez Inc. in New York. “We’re still in the bottoming out process, so I wouldn’t expect to see big sustained gains any time soon.”
The National Association of Realtors’ data are due at 10 a.m. in Washington. Economists’ sales estimates ranged from 4.6 million to 5.05 million following September’s 4.91 million pace.
Housing, the industry that induced the recession, is still struggling to stabilize as home prices slump. The median value of an existing house fell 3.5 percent in September from a year earlier to $165,400, according to NAR data. The value plunged from a July 2006 record of $230,300 to a low of $156,100 in February.
BLOOMBERG NEWS
97% DOWN volume at 11am
Arms @ 3.33
not a WASH OUT by any means
STAY TUNED
Jay
13 day cycle at 11am hit a brief low, but with 97% down volume means NO BUYERS
thus we are waiting for the 4pm cycle convergence
Since i bot short twice on Friday
I closed out one set of options at 11am on the 13day low which hit precisely at 11;05
THE uptick OFF that 11am low is very meek, thus we should still expect the day to slide into the 4pm low
If 1185 breaks, the NEXT support of importance is 1160
STAY TUNED
Jay
NOTE THAT ITS 2;30 and we may be at the HOD on the ED CYCLE HIGH
compare with the EKG
Jay
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