I could be wrong - and often am, but I don't think we'll see a "fulfillment" as the ES close below an apparent key level of 1240 bodes for more technically bearish action. Furthermore, a year ago the timely intervention from the Fed abruptly pulled us out of a correction. This summer investors are obviously offering a much more muted response, lol. :eek: gA WM can still argue that Dow losses were indeed stemmed at or around that juncture and did bode for "locking in" some decent YM gains. But I disagree with the <b>STRONG MARKET ACTION</b> call - just mho. On a positive note - - at least we are no getting ram-rodded by the ET numbnuts!
11 handle upside in just over 10 minutes & you disagree with "strong market" sentiment? Nobody knows when upside will actually run out of steam whilst in a bear phase, but call was good ImPO.
1pm dow +50 rennicks balls are calling for "weak action" this afternoon. put on your crash helmets sheep, she's gonna dump. "i cant think for myself" rennick out
Rumor has it that Rennicks ball's are getting busted. 4 wrong calls in a row :eek: The way these sheeple add to their losses my guess is they are all being spanked hard.