Urgent Message From Rennick

Quote from William Rennick:

TUES. 3-2-10 1:50 pm EST Dow+38


The "Ball" remains NEGATIVE calling for WEAK Market action for the afternoon session. Sell the current long in the tooth strength, or wait for any further positive action to enter short positions.

If you are short already as I am, your patience shall be rewarded with a sharp move to the downside. If you are a nervous piker think of the current cough drop commercial in which the timid security guard is paid a visit by a mighty Warrior who blasts in, tells him to be a Man, and then blasts back out.

In other words, Cowboy the f#ck up motherf#ckers!


Rennick out
:cool:
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What about all that positive news due out of greece tomorrow???

:p :p :p


By the way, all those guys on cnbc are still buying.

Wow is this a confusing market....


TRADE TO GO

Steve Grasso: Buy the market

Todd Gordon: Buy the market

Patty Edwards: Nibbling selectively

Pete Najarian: Buy the market, especially tech, commodities
 
Quote from shortie:

Bill, how is it going?

I am hearing an ugly rumor that one is better off fading your calls :eek:
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curious, but not sure where you're getting that from, shortie. Rennick said fade the move (DOW was at +43) and closed +4. Sounds like that worked to me.

:confused:
 
Just in from a road trip and out of I phone range most of day. For the home gamers, the "Ball" was once again Negative and called for another Weak close today. I just looked at the chart and it looks like "Ball" ownage of the Market continues.

The Amazing Rennick out :cool:
 
could da Ball be tuned to only report major moves? i am tired of the piker change it keeps generating after coming out of retirement.
 
Quote from shortie:

could da Ball be tuned to only report major moves? i am tired of the piker change it keeps generating after coming out of retirement.
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Direction was correct. Historically it predicts Intraday direction with 75% plus accuracy. Remember it calls the moves everyday, some are big, and most are small. Moral of the story, learn to profit from the small moves. It takes being in tune with your gut to know when a big move is in progress.

Rennick Bollinger out :cool:
 
Quote from William Rennick:

...
Rennick Bollinger out :cool:
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Bolllinger - LMAO. Thanks for the laugh!

Are you saying you are not in tune with the market right now? where is the big dump you promised us the other day: "unfulfilled call, blah, blah..."
 
Quote from shortie:

Bolllinger - LMAO. Thanks for the laugh!

Are you saying you are not in tune with the market right now? where is the big dump you promised us the other day: "unfulfilled call, blah, blah..."
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Shortman,

The "Ball" has nailed 3 out of the 4 calls since it's triumphant return. I added the magnitude verbage and own up to it. Since I have cash on the line, of course I hope she takes a dump bigger than what Oprah drops.

Funny that the Guy who made a doomsday call last Friday would be cracking on the Mighty "Ball". Your position has got to be so far underwater that Jacque Couf#ckingsteau couldn't find it.


http://www.elitetrader.com/vb/showthread.php?s=&threadid=192340

Rennick out :cool:

ps. Skyhook from halfcourt, SWISHHHH, nothin' but net!
 
THURS. 3-4-10 1pm EST Dow+19

The "Ball" reading came in just barely POSITIVE calling for FLAT to MILDLY POSITIVE Market action this afternoon.

I'm pulling for the call to be wrong as I'm still holding those puts.

Rennick out:cool:

 
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