Urgent Message From Rennick

Quote from 832b:

You've made some great calls but I think you're gonna eat it today. We're at the 50% retracement of the move and I don't think the all clear is out there.
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I have a question. How many traders are following your 50% retracement theory? My guess is it's a bunch. The big guys probably know it too. Kind of makes a fella feel like bending over with an ankle grab.:eek: :D
 
Rennick, I love your commentary but I think it's tough slogging around here. I've hedged up all my longs and am leaning short. Hate to fade the ball but I'll make an exception today.
 
Quote from 832b:

Rennick, I love your commentary but I think it's tough slogging around here. I've hedged up all my longs and am leaning short. Hate to fade the ball but I'll make an exception today.
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Hey, I just hit my sell order on my morning longs. I'd love to see the afternoon "Ball" call for a selloff. I'll just wait and see. Until then I've got other business to take care of. Good luck all.

Rennick out:cool:
 

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Great call again, listening to the ball would've allowed for better prices. I'm holding off until atleast Friday to cover and hope you're aboard for that!
 
Quote from 832b:

Rennick, I love your commentary but I think it's tough slogging around here. I've hedged up all my longs and am leaning short. Hate to fade the ball but I'll make an exception today.
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Hey, what's that about? :confused:

The Ball was good for 6 to 8 pts ES this morning.

JJ
 

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I'm not hatin' on Rennick, just saying that I think a lot of people, myself included, are getting hedged and short in the high 1490s in the futures. Short trade was crowded down below but I think isn't so much now.
 
Quote from William Rennick:

WED. 8/8 9:54 am EST dow+54

The "BALL" is POSITIVE calling for STRONG Market action during the morning session.
If you see any dips until high noon...Buy em Pilgrims!!!

Rennick out
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WED. 8/8 1:11 pm dow+99

The "Ball" has turned NEUTRAL calling for FLAT Market action for this afternoon. Look for the Averages to roughly maintain current levels at the close. That's my que to turn off my trading comp for the day.

Rennick out:cool:

ps. Hey JJ, nice chart. They're prettier than the Yahoo charts I use. The best charts though are the kind drawn on a cocktail napkin.:)
 
Quote from William Rennick:

WED. 8/8 1:11 pm dow+99

The "Ball" has turned NEUTRAL calling for FLAT Market action for this afternoon. Look for the Averages to roughly maintain current levels at the close. That's my que to turn off my trading comp for the day.

Rennick out:cool:

ps. Hey JJ, nice chart. They're prettier than the Yahoo charts I use. The best charts though are the kind drawn on a cocktail napkin.:)
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In my opinion yesterday afternoons NEUTRAL call from the "Ball" was one of it's best I've ever seen. This forecast kept me out of the most volatile whipsaw I've seen in a long time.

Rennick
:cool:
 
THURS. 8/9 9:43 am EST dow- 212

The mighty "Ball" is POSITIVE calling for STRONG Market action until high noon. This selloff is a BUY,BUY,BUY!!!! Back up the truck I'm loading up. I'm not in yet, I'll wait for new lows and get in then.

Rennick out:cool:
 
Quote from William Rennick:

THURS. 8/9 9:43 am EST dow- 212

... I'm not in yet, I'll wait for new lows and get in then.

Rennick out:cool:
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ball + your interpretation = winning combination.
 
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