HI Red
comments are NIL ?
I dont really expect a trend change until AFTER the Jan4th ECLIPSE
BUT
that wont stop a short term DIVE between now & Nov 4th
2 big cycles on 21st & 22nd see the blog comments http://jaywiz.blogspot.com
see the graph I published for 1937-1942- compares with present
Kondratieff wave & 70 year cycle, plus the waves, & fibo highs
October is like double vulnerable in the game of Bridge
WE are holding MOST of the cards, but east has an extra TRUMP
I would say that todays low trading volume is due to the holiday doesnt seem to be heading anywhere at this moment however there are signs that shorting has become slightly more aggresive.Although this weds news is just the release of the schedule but we have to take note that trading done this past few weeks have been nothing more then ( BUY the rumours SELL the facts ).Feds have won big time during sept i have thrown away the charts and started to question the underlying mentally of traders during the past few weeks and im just throwing this out for everyone to ponder on.
Feds have broken the (sept curse) 71 years .They have instilled so much confusion in the mindset of traders that right now no one knows where to go.Everyone even friday did exactly the oppside but WHY thats the reason we have to think its cause simply EVERYONE and i mean EVERYONE is thinking ( NAA dont worry about it if anything happens we have the feds to bail us out AGAIN ).
Its really sad to think about how many people will be caught offguard when the time comes and the bulls fall over into a pit of knives its sadder when someone is helping the bull and digging that pit (Feds) worst part about all this is that they have managed to get a hell of alot of support by people who KNOW and SEE whats going on but somehow have lost sight of logic and sanity.
In truth im riding it and milking it for all its worst cause hey to me its money i know a crash is coming.WHEN i have no idea but since everyone is going to buy now im not gonna fight against millions of traders and go against it at this point of time however im sure as hell keeping my stops tight as hell so that when it comes i have a life boat to jump onto.
The dollar is making a bottom, the euro wants to go down. I believe QE2 is fully priced in. They just try to suck in more retail investors and mutual funds. Something is strange with the VIX, we have a breakdown but the market is not going higher so far. Sure today is a quiet day with bonds trading closed, still Cobra mentionned today should be a very bullish day. Anyhow, if we close flat today and tomorrow we get a down day allowing the vix to go back inside the bollinger band that’s a market sell signal big time.
How can they manipulate this market with no more POMO day and a rally so far based on low volume?
The volume on the buy side wasn’t too bad those last few days Jim. They might be buying, instead of selling? Hard too tell of course, but we’ve been tricked many times before.
Yep, it looks like the Fed’s have saved the gangsters once again (err… the public).
HI Red
comments are NIL ?
I dont really expect a trend change until AFTER the Jan4th ECLIPSE
BUT
that wont stop a short term DIVE between now & Nov 4th
2 big cycles on 21st & 22nd see the blog comments
http://jaywiz.blogspot.com
see the graph I published for 1937-1942- compares with present
Kondratieff wave & 70 year cycle, plus the waves, & fibo highs
October is like double vulnerable in the game of Bridge
WE are holding MOST of the cards, but east has an extra TRUMP
Jay
I couldn’t have said it better myself…
🙂
I would say that todays low trading volume is due to the holiday doesnt seem to be heading anywhere at this moment however there are signs that shorting has become slightly more aggresive.Although this weds news is just the release of the schedule but we have to take note that trading done this past few weeks have been nothing more then ( BUY the rumours SELL the facts ).Feds have won big time during sept i have thrown away the charts and started to question the underlying mentally of traders during the past few weeks and im just throwing this out for everyone to ponder on.
Feds have broken the (sept curse) 71 years .They have instilled so much confusion in the mindset of traders that right now no one knows where to go.Everyone even friday did exactly the oppside but WHY thats the reason we have to think its cause simply EVERYONE and i mean EVERYONE is thinking ( NAA dont worry about it if anything happens we have the feds to bail us out AGAIN ).
Its really sad to think about how many people will be caught offguard when the time comes and the bulls fall over into a pit of knives its sadder when someone is helping the bull and digging that pit (Feds) worst part about all this is that they have managed to get a hell of alot of support by people who KNOW and SEE whats going on but somehow have lost sight of logic and sanity.
In truth im riding it and milking it for all its worst cause hey to me its money i know a crash is coming.WHEN i have no idea but since everyone is going to buy now im not gonna fight against millions of traders and go against it at this point of time however im sure as hell keeping my stops tight as hell so that when it comes i have a life boat to jump onto.
S&P 500 Intraday update
The dollar is making a bottom, the euro wants to go down. I believe QE2 is fully priced in. They just try to suck in more retail investors and mutual funds. Something is strange with the VIX, we have a breakdown but the market is not going higher so far. Sure today is a quiet day with bonds trading closed, still Cobra mentionned today should be a very bullish day. Anyhow, if we close flat today and tomorrow we get a down day allowing the vix to go back inside the bollinger band that’s a market sell signal big time.
How can they manipulate this market with no more POMO day and a rally so far based on low volume?
Let’s see what happens!
Anybody watching VNO (REIT) – it broke it’s april high but never continued on and is now jumping around that high mark (85.50). Not a break-out.
EURUSD: Near channel bottom
APPLE Range breakout
The volume on the buy side wasn’t too bad those last few days Jim. They might be buying, instead of selling? Hard too tell of course, but we’ve been tricked many times before.