How are those adds doing that you bought at dow +140.
Update at 12:15 EDT Dow + 89
Urgent Message From Rennick
- Thread starter William Rennick
- Start date
How are those adds doing that you bought at dow +140.
Update at 12:15 EDT Dow + 89
The "ball" is a gap fader. And it is a little late today: retest of morning high came first, and THEN the attempt, ongoing, to try to fill the gap.
GAP THEORY IS CRAP THEORY. EVERYONE WHO HAS EVER READ A BOOK ON TRADING USES IT. IN TRADING IF IT'S IN A MASS PRODUCED BOOK ,IT'S USELESS.
Rennick out
Quote from William Rennick:
MON. 1/14 9:55 Dow+95
The old Chrystal Ball is NEGATIVE calling for WEAK Market action until at least 12 noon. Sell the opening strength and any further rally attempts.
Rennick out
Rennick=money.
MON. 1/14 1:10 pm Dow +116
The mighty "Ball" which advised to sell the morning strength has now turned NEUTRAL calling for FLAT Market action for the afternoon session. Expect the averages to roughly maintain current levels into the close.
Rennick out
The mighty "Ball" which advised to sell the morning strength has now turned NEUTRAL calling for FLAT Market action for the afternoon session. Expect the averages to roughly maintain current levels into the close.
Rennick out
bear trap? no break through ystdy highs, it's no bull...yet... ...doji on 3omin;` Quote from William Rennick: MON. 1/14 1:10 pm Dow +116 The mighty "Ball" which advised to sell the morning strength has now turned NEUTRAL calling for FLAT Market action for the afternoon session. Rennick out
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1748004>
Quote from William Rennick:
MON. 1/14 1:10 pm Dow +116
The mighty "Ball" which advised to sell the morning strength has now turned NEUTRAL calling for FLAT Market action for the afternoon session. Expect the averages to roughly maintain current levels into the close.
Rennick out
yeah we are pretty much just gonna hover around until tomorrow. the inflation data and retail sales (mainly inflation) is what everyone is waiting on. outside of major news i can't see much stuff moving.
Take a close look at Bit's chart. I'll be damned if those trendlines ain't an image of Marilynn Monroes lips. She's trying to communicate with us fellas!:eek: