market was behaving exactly the way it should from a technical point of view. There is nothing wrong with the market (despite all the insolvency news). The charts were even saying that it could be worse.
WED. 9/17 10:00 am dow-146 As the Pikers start to babble about the "Ball" seemingly scoring a miss on a Fed day, once again that call amazingly becomes fulfilled at the next open. I think if one goes back and checks on this thread it's record is nearly 100%, making it alright to go overnite. As for today the mighty "Ball" remains NEGATIVE calling for WEAK Market action for the Morning session. SELL ANY RALLY ATTEMPTS, SHE WILL SQUEEZE THROUGH SUPPORT FASTER THAN A SOUPY FART OOZING THROUGH RISKFREETRADER'S TIGHTY WHITIES. DRYING INTO YET ANOTHER BACON STRIP AND MAKING A WIERD NOISE WHEN IT RAISES FROM IT'S CHAIR TO FEED FOR THE AFTERNOON. Rennick out
AT 11:15AM: with NDX at 1672, RFT told his crowd to go long NDX (half normal size)! The opposite of Rennick and his followers. It has been foretold on RFT's mighty blog.
that is right bill rennick! I find the description very funny. That is exactly how your bad calls sound. ps: william rennick=Trvlwanderer
12:06PM: RFT's crowd have come out in full size and is now chasing rennick's followers who are running for their lives starting at mile NDX 1660. It is all in RFT's blog.
WED. 9/17 1:15pm dow-260 After nailing another BIG MOVE, the mighty "Ball" remains NEGATIVE calling for further WEAK Market action this afternoon. CRASH HELMETS ON GUYS, AND TIGHTEN DOWN THOSE CHIN STRAPS. Rennick out ps.THE OLD COOK JUST CAME OUT SAYING, "FELLAS IT'S BEEN GOOD TO KNOW YA", he also yelled for the crew to fire up the water pumps to bend riskfree over for a much needed hose down.
dow -199 SELL THIS CURRENT STRENGTH, IT IS MERELY A COUNTER-TREND WHICH SHOULD BE PEAKING NOW!!! Rennick Sperandio out