Urgent Message From Rennick

Quote from William Rennick:

MON. 7/30 1:11 pm EST Dow+47

My afternoon signal also came in NEGATIVE calling for WEAK Market Action this afternoon. Sell any rallys today,(how bout this one) good luck fellas.

Rennick out:cool:
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I was with you on this one. I saw weakness at 13:30 this afternoon. So much for that. I realized there wouldn't be any weakness when there was a shift back to bonds and the equities market didn't flinch.
 
Quote from stock_trad3r:

Nah.. if he were using a coin he would at least be right half the time.
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skimmed through his posts and I'm trying to figure out why you think he hasn't been right at least 1/2 the time.:confused:
 
LOL, guys... She's right 75% plus. On days like today when the forecast is unrealized the following opening usually pays off. Not always, but most of the time. I never got to my "uncle" level today so I'm staying short overnight ,just a little underwater so far, on this trade. We shall see....

Rennick (going to grab a cold one) out:cool:
 
TUES. 7/31 10:10 am EST Dow +123

My signal came in at NEGATIVE calling for WEAK Market action this morning. My overnite short position is underwater, but I'm holding due to my signals WEAK morning forecast. Sell this rally, it ain;t real.

Rennick out:cool:
 
Good call Rennick, couldn't have done it better.


Although from a longer term perspective.. crash time is not yet. Expect the bounce we've had over the last couple of days to continue.
 
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