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They've already had their little drop around 3:00 PM so watch out for the short squeeze thereafter.

Thank you for the clarification. Good luck with your trading.

I think we are at cross purposes. Yes, I've read them all but I was referring to the element of your post that outlined a method for trading the signals (which, had one followed this morning's signal some may say could have been disappointing). To make it (pun alert) crystal clear, I was...

I didn't ask for the how, I asked for the why.:)

I'm sorry if I offended you. I didn't mean to impugn anything. Presumably we are all here to learn and, as I said, I was only wondering. However, when you have time, I would appreciate more details as to why you post the PM predictions.

You will know that pit traders and market makers subscribe to a number of market gurus and figure out ways to take both sides of the predictions. Do you/anyone anyone think the principal of Rennick's ball is one to which they subscribe?

Volente_00 Undoubtedly.

Specifically, if you look at the timing of Rennick's posts, if directional, then more often than not, the market has a little burst in the direction of the prediction. So, say the ball says down. Rennick could go short on the ES and immediately places a BTC say 1.5 points lower, then he...

My interpretation of the accuracy of the predictions is not as enthusiastic as is yours. But do note the timing of the market action relative to that of the ball's and then the timing of Rennick's posts. Question: Do you think Rennick is trading ahead of his postings? Of course he is.

Did anyone see how the S&P dropped when Rennick issued his call? The original source issued his call at 1:11 PM EST. Rennick issued his call at 1:13 PM. The S&P, ER2, NQ and YM all dropped. Have a look at yesterday. Look for yourselves. The ball has issued some conflicting signals of...

Flat depends upon where one starts from. "Through a glass darkly."

Check who and what organisations contributed to his campaign.

And "fade the gap" means? Sorry abou this :-)

WRB? What on earth is a "wide ranging body"? A search for it came up blank. Sorry for my ignorance or if it's been asked previously. Thanks in advance.

I expect you're right but if so do you think there'll be a sell off before or after the election? In another thread someone said "the powers that be" are switching money from sector to sector to prop it up. Personally I doubt that US politicians and its rich and powerful would be so unethical.

Do you or have you known any big money or pit traders? I was told by some of them that were formerly, that many, if not all, are totally without conscience. They're good sales people and the easiest person to sell to is one's self. If you had a more powerful computer it would make you a...

That's probably true but that doesn't mean that those who instigate or profit from such subterfuges are beyond manipulating those who do post to chat rooms and forums. A quick and cheap way of getting it out there.

Spread a rumor of a decline and then buy into the close for a bear squeeze on those who don't want to hold overnight?

I am beginning to believe that maybe secret agreements are made. I was watching a debate on TV a few weeks ago with three journalists. It was about border security, illegal immigrants and amnesty etc. One of the journalists, a woman, said that the Bush league had a deal with then president...

Years ago a fellow who worked for Pilkingtons (the glass one - not the detective outfit) told me that glass was, in physics terms, liquid* so deforms with age and with use gradually becomes less clear because the impurities in it are damaged and changed by ultra-violet light and gamma rays...