Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Crystal ball says
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MON. 7/23 1:15 pm EST Dow +103
I just saw the afternoon signal, and it's NEGATIVE calling for WEAK Market action this afternoon. This confirms the Morning signal which produced the low of the day followed by a nice rally going to the highs of the day. THIS STRENGTH AIN'T REAL, sell it at these levels if you want to get in. Otherwise wait for any rallys towards the highs and then pounce. I'm already in again with aug,.50 qqq puts., I'll be playing this one until the close, no sell order has been placed...yet. Good luck trading.
Rennick out
I just saw the afternoon signal, and it's NEGATIVE calling for WEAK Market action this afternoon. This confirms the Morning signal which produced the low of the day followed by a nice rally going to the highs of the day. THIS STRENGTH AIN'T REAL, sell it at these levels if you want to get in. Otherwise wait for any rallys towards the highs and then pounce. I'm already in again with aug,.50 qqq puts., I'll be playing this one until the close, no sell order has been placed...yet. Good luck trading.
Rennick out
I've made a lot more than a million on paper and cashed it in for the real thing...thanks though.
Up well over $100k on paper in the last week alone.
You sell the stock and receive dollars for it.
Hope that wasn't too tough for you to understand how paper gains are converted into actual gains. Quote from William Rennick:
MON. 7/23 1:15 pm EST Dow +103
I just saw the afternoon signal, and it's NEGATIVE calling for WEAK Market action this afternoon. This confirms the Morning signal which produced the low of the day followed by a nice rally going to the highs of the day. THIS STRENGTH AIN'T REAL, sell it at these levels if you want to get in. Otherwise wait for any rallys towards the highs and then pounce. I'm already in again with aug,.50 qqq puts., I'll be playing this one until the close, no sell order has been placed...yet. Good luck trading.
Rennick out
Well, CB did it again. Would have had me poolside about an hour sooner with no muss or fuss on my part.
So, does Crystal have any sisters. Hell, how 'bout her mother? Much can be said for experience ya know.
Osorico
Quote from William Rennick:
MON. 7/23 1:15 pm EST Dow +103
I just saw the afternoon signal, and it's NEGATIVE calling for WEAK Market action this afternoon. This confirms the Morning signal which produced the low of the day followed by a nice rally going to the highs of the day. THIS STRENGTH AIN'T REAL, sell it at these levels if you want to get in. Otherwise wait for any rallys towards the highs and then pounce. I'm already in again with aug,.50 qqq puts., I'll be playing this one until the close, no sell order has been placed...yet. Good luck trading.
Rennick out
The Averages closed well off their highs with the Nasdaq near the lows of the day. The position I'm in will be held overnight as there is no scheduled economic news before the open tomorrow. At the close that position was holding a decent profit.
Today's chart is below.
Futures are pointing to a nice move south at the open
. I'll wait to recieve the morning signal to determine whether I continue to hold my puts, or sell at the open for what is likely to be a robust profit.Rennick out (or maybe stayin in)