She seems to be getting ready to reverse (RUT). If it finishes in red today, and she told me so at around 2:00PM, low of today will be taken out tomorrow and high of today would be the resistance. If some jump up takes place tomorrow, then I will view it as a possible fake, and short it when I have the confirmation that it is a fake. At 3:00 the army of sellers for IWM is at mile 73.15. The army of buyers at 71.15. Skirmishes at 72.15. Armies heading towards each other. When they will meet (or get closer to each other), there would be a a defeat. I expect the buyers to lose this one (but I do not bet). As soon as they lose, I will join the sellers army. If buyers win, I will be on the sideline. And currently I am on the sideline.
TUES. 3/5 9:45am dow -185 The mighty "Ball" is NEGATIVE calling for WEAK Market action during the morning session. SELL ANY RALLY ATTEMPTS... Rennick out
first of all the date is 2-5-08 not 3-5-08. Second of all my 3 year old sister new this was coming. great call!!
Hey thanks for noticing the typo. BTW, it is "knew" , not new. Keep up the great police work Skippy. LOL!!!