Urgent Message From Rennick
- Thread starter William Rennick
- Start date
right now futures are off, CPI is due out tomorrow, now CPI could really push the markets lower tomorrow morning if its just way too hot....going to be an interesting day tomorrow.
If I see a triple digit sell off before 10:30am I will be adding longs for a small comeback by mid-day.
Bernanke also speaking.
If I see a triple digit sell off before 10:30am I will be adding longs for a small comeback by mid-day.
Bernanke also speaking.
A three day options ex. fueled slaughter of the bulls is so unexpected at these levels that it makes perfect "market sense".
Rennick Bollinger out
Rennick Bollinger out
William Rennick, what will the markets do tom. and thursday?
Yea so much is gonna happen
I'm short for Wed. morning, after that I have to wait and see what the mighty "Chrystal Ball" reveals. My guess is that we will be down hard until at least Monday noon. The options guys are going to whack the crowd listening to CNBC's 14 K hoopla.S&P futures are down almost 12 now.. Is -25 still considered limit down on the S&P 500??
LOL, trust me pal if I'd have been wrong it would have been like a Cap One commercial where all the barberians are attacking the guy who doesn't have a Cap One credit card in his wallet.
No but -70 is though! On February, 27th this year the S&P futures were 6 handles off a limit down day.
It would be awesome to have a limit down day. That would be the 2nd one in the history of the S&P futures!
-Dave