Yesterday was a miss, this mornings chop did not alter that this is a good call. Markets don't always move in a straight line. Be a trader, not a piker.
Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Yesterday was a miss, this mornings chop did not alter that this is a good call. Markets don't always move in a straight line. Be a trader, not a piker.
Well I <i>feel</i> like a day-trader what with this swing traders decimation of equity.
<b>That was <i>just</i> a 6% move from the indexes.</b> Actually after making nearly 100% in gains this last month. . .a 20% pullback ain't TOO bad.
So I have been reducing exposure at the lows (highs) and added some contracts at the highs - that need to have stops if case we keep jumping.
Well for now it looks like "SHE'S GONNA DUMP INTO THE CLOSE - ARRRGHHH, BEWARE!!" But I have been needing to keep close tabs
Now everybody say AWWWW!!!!!
Edit: a bit pre-mature, lol, perhaps losses into the close are being mitigated.
<b>That was <i>just</i> a 6% move from the indexes.</b> Actually after making nearly 100% in gains this last month. . .a 20% pullback ain't TOO bad.
So I have been reducing exposure at the lows (highs) and added some contracts at the highs - that need to have stops if case we keep jumping.
Well for now it looks like "SHE'S GONNA DUMP INTO THE CLOSE - ARRRGHHH, BEWARE!!" But I have been needing to keep close tabs
Now everybody say AWWWW!!!!!
Edit: a bit pre-mature, lol, perhaps losses into the close are being mitigated.
Quote from William Rennick:
THURS. 7/17 1:13 pm dow +69
With the Averages hitting a trading low and then regaining most of the lost ground by high noon, the mighty "Ball" remains POSITIVE calling for STRONG Market action this afternoon.
GO LONG NOW OR BUY ANY DIPS, VERY STRONG MARKET ACTION LIES AHEAD.
...and so it has been foretold.
Rennick out
ps. Today is the 1 year anniversary of the Urgent Message from Rennick. Thank you to all who have posted, vistited, and flamed this thread. A special thanks to the Mods who are under constant attack to have this thread moved elsewhere or banned altogether.
LLTMB
Dow +208
After yesterdays quadruple bogey, the mighty "Ball" scrambles back with a beautiful birdy. There should be plenty more where this came from.
LLTMB
That was the day's top! Do I need to say more?
Back off in your own jack yard.
Quote from paysense:
Congrats on the <b>1 year anniversary William Rennick!</b>
(I guess, if you know what I mean)
FYI my <i>balls</i> paid me today as I am still short from the highs!
Thanks, we should change the name to "Quiet when it's right, Riot when it's wrong"
fuck you