At 12:00PM ET: 13,871.56 Down 99.99 (0.72%) I just cut that from Yahoo Finance, well the morning session ends with the dow down 99.99...Damned I was hoping for -100 ps.edit:I was on my way out the door while I wait for the next "BALL" call at 1:05 pm and noticed that shes starting to roll -134... Women and children first
wow.... and i bought some of this dip a little early today. Imagine if the dow doesnt see 14k for another 3-4 years. Imagine if 14k was the top..... :eek:
Trading back under the 13,875 level is significant. The SPX back to 1538 is simply the first fib retracement (38.2%).
Yep and the market realizes that we've elected a flaming version of Elmer Fudd for a very important position in Congress. From Massachusetts..go figure.
WED. 1:10 pm EST Dow -117 My signal remains NEGATIVE calling for continued WEAK Market action this afternoon. Sell any rally attempts, or if you've got the stones go short right here with the Dow down triple digits. This is my green light to stay short until tomorrows open, as long as my signal says WEAK I'm staying short. Normally I don't go overnight like this but we've got a unique leaning of the crowd to the long side and an options ex. while near a big record level. Good luck guys. Rennick out ps. they don't want me mentioning anything that could construed as promoting a non sponsor, so from now on I'll just say my signal, no more BALL
You got style, Rennick, but "got the stones" is for sitting tight on a position, not entering a new one.
I'm just trying not to get kicked off of ET, especially after hitting the 1000 post mile mark. This is the longest I've stayed anywhere without getting the boot.