I was with you on this one. I saw weakness at 13:30 this afternoon. So much for that. I realized there wouldn't be any weakness when there was a shift back to bonds and the equities market didn't flinch.
skimmed through his posts and I'm trying to figure out why you think he hasn't been right at least 1/2 the time.
LOL, guys... She's right 75% plus. On days like today when the forecast is unrealized the following opening usually pays off. Not always, but most of the time. I never got to my "uncle" level today so I'm staying short overnight ,just a little underwater so far, on this trade. We shall see.... Rennick (going to grab a cold one) out
Marty Zweig Jr. here made this prediction at 9:41 Thursday morning, then a 500 plus point two day sell-off followed. Thurs. dow -311 Fri. dow -208 http://www.elitetrader.com/vb/showthread.php?s=&threadid=99873&perpage=6&pagenumber=1 :eek:
TUES. 7/31 10:10 am EST Dow +123 My signal came in at NEGATIVE calling for WEAK Market action this morning. My overnite short position is underwater, but I'm holding due to my signals WEAK morning forecast. Sell this rally, it ain;t real. Rennick out
Good call Rennick, couldn't have done it better. Although from a longer term perspective.. crash time is not yet. Expect the bounce we've had over the last couple of days to continue.