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
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.
Thanks for the laughs guys. Its always funny watching internet tough guys flex their internet muscles.
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. PS That false "print" at the open on the Vix had me tentative.
Who in their right mind would call for a selloff on a day like today? You could smell a close at highs at 10:45.
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."
Its a lot more fun to read when you guys are telling each otherhow tough and bad ass you are and flexing your internet muscles.