Urgent Message From Rennick

Quote from William Rennick:

Dow+103 10:42 am

TAKE HEED!!!SELL THIS RALLY.

...it has been foretold.

The Amazing Rennick out :cool:
More...

WED. 7/16 1:15pm dow +174

The "Ball" remains NEGATIVE as it calls for WEAK Market action this afternoon.

BE BRAVE AND SHORT THIS RALLY FOR IT SHALL END BEFORE THE CLOSING BELL WILL TOLL.

Rennick out:cool:
 
Rennick, I told you a million times... The ball does not compensate for PPT activity. Tomorrow we will crash hard because the PPT rarely buys index futures for consecutive days.
 
Today's low volume advance may very well tank into the close.

But if you traded the morning call - and didn't use stops - you are a big baller holding until the MIGHTY "Ball" call is fulfilled!!!

Me I waited waited and waited to enter now short ES & NQ.

As they say, we shall see:cool:.

PS That false "print" at the open on the Vix had me tentative.
 
What about the "brave" who shorted Dow +5 this morning? Lol

Quote from William Rennick:

WED. 7/16 1:15pm dow +174

The "Ball" remains NEGATIVE as it calls for WEAK Market action this afternoon.

BE BRAVE AND SHORT THIS RALLY FOR IT SHALL END BEFORE THE CLOSING BELL WILL TOLL.

Rennick out:cool:
More...
 
Yep, XLF, FRE, FNM up HUGE. . .in light trade, lol.

What the PPT/Fed needs to do is spurt this market up in the morn 50 points and get the retail traders off on another "bull rally" (again light trade).

Institutional investors have been staying out of the madness for some time - aside from yesterday. Do you think that was stealth buying?

And in what sectors. . .no I think they were dumping as new lows triggered stops.

Today is (imho,that I do not trade off of) masked short-covering/sloppy action - even though it <i>appears</i> like an orderly, powerful advance. I could be wrong and often are so; "We shall see."
 
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