TUES. 9/9 1:15 pm dow -72 After being neutral in the morning session, the mighty "Ball" has shifted into POSITIVE calling for STRONG MARKET action this afternoon. BUY THE DIPS, OR GO LONG NOW,, SHE'S GOING TO REVERSE TO THE UPSIDE. ...so it is said, so shall it be!! Rennick out
Clearly a miss today. Unless there was breaking news this afternoon around 1:15 pm I'll rack this up as a bad call. Rennick out
I went short across 10 systems late last week and typically hold overnight. This past weekend was a test for situations like we experienced in '07 - where well-placed shorts get attacked by surprise Fed moves. 350 - 500 point moves against me. . .no problem since the call was correct - I left today all day and come home to -50 ES & NQ and -350 YM. yup, the "Ball" missed one!
A Fools Paradise Delusional Nirvana Naive Nothingness which proves the point: If it is too good to be true then.....