Again with the cryptic statements.
Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Again with the cryptic statements.
thank you for pointing out my typo. has been edited. I'm going to play golf. good and happy trading to all!
He may be right on a second look
dow keeps forming large red candles including a big candle one minute after the open
While there may be renewed buying interest the 'money guys' that dumped into the close yesterday may not be done and still have more stock to unload.
Also there is the beige book later
dow keeps forming large red candles including a big candle one minute after the open
While there may be renewed buying interest the 'money guys' that dumped into the close yesterday may not be done and still have more stock to unload.
Also there is the beige book later
Indeed, I've already scored a nice "base hit" win this morning. I'm now waiting in cash to see what my little old afternoon signal will forecast.
Rennick out
Quote from William Rennick:
WED. 7/25 9:53 am EST dow +86
My morning signal is NEGATIVE calling for WEAK Market action at least until noon. Sell this rally, or stay short.
Rennick out
WED. 7/25 1:10 pm EST Dow +30
The morning call made me some money, for the afternoon my signal has turned NEUTRAL calling for FLAT Market action at least until the Fed's Beige Book at 2 pm. That's my sign to take another early day. Considering what happened yesterday I may want to stick around. Good luck trading...
Rennick out
I'll be on the road today and won't be posting any forecasts or trading. The premarket is pointing to some fireworks today, good luck trading. I'll be listening to the action on my XM radio.
Rennick out
ps. here's the chart from yesterday where I had a WEAK morning signal, and a NEUTRAL or FLAT afternoon signal.
Rennick out
ps. here's the chart from yesterday where I had a WEAK morning signal, and a NEUTRAL or FLAT afternoon signal.
Wow, I leave the store for one day and this happens!!! I was listening to the action on my radio. I picked a hell of a day to take off. My signals nailed it from the get go with WEAK calls for both the morning and afternoon action. Ain't that the way it goes though, I would have made a pile that would make my dog jealous. Ah damnit...
Rennick out
Rennick out
FRI. 7/27 9:55 am EST dow +2
My signal came in at NEGATIVE calling for more WEAK Market action during the Morning session. Sell any rally attempts until high noon at least. I'm already into a fresh qqq auggie 48 put position, I got in early and I almost hit my sell target on that first dip. Good luck trading, let's hope for a move that blasts to the downside with the power of a Mark Haines fart. I feel sorry for Erin.
Rennick out
ps. or how bout a Dillon Rattagon fart that knocks over the Bush economic team like bowling pins.
My signal came in at NEGATIVE calling for more WEAK Market action during the Morning session. Sell any rally attempts until high noon at least. I'm already into a fresh qqq auggie 48 put position, I got in early and I almost hit my sell target on that first dip. Good luck trading, let's hope for a move that blasts to the downside with the power of a Mark Haines fart. I feel sorry for Erin.
Rennick out
ps. or how bout a Dillon Rattagon fart that knocks over the Bush economic team like bowling pins.