The Chronicles of Rennick

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Quote from austinp:

I have a question: "The Ball" offers an edge to overall market direction, more often than not. But... where & when does one enter exactly, precisely in order to profit from such predictions?

Said another way, there is no way to "front run" or sabotage the calls... they are too generic in nature. What is a trader to do? Hit buy or sell the moment they read its prediction? Which prediction? The actual call? Rennick's relay?

Not to mention each user getting the "news" and then acting upon it live in the market is a deliberate process, not an instant event.

Nice bias filter, far better than nothing, worth $30 per month. Other than that, it offers nothing per specific trade entries that lets a trader use it exclusively for profit over the long haul NOR can it be overwhelmed by traders' volume.
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There is a service for the "Ball"? I thought it was just Rennick's predictions, but I hven't read much of this thread.
 
Quote from ETUserisme:

I didn't ask for the how, I asked for the why.:)
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That is the why.

Quote from JimmyJam:

Haven't you read them?

Because they're some of the funniest and most creative writing I've ever seen on ET. Absolutely hysterical ...
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I think we are at cross purposes. Yes, I've read them all but I was referring to the element of your post that outlined a method for trading the signals (which, had one followed this morning's signal some may say could have been disappointing).

To make it (pun alert) crystal clear, I was curious as to why he posts the predictions and why others think he posts them.
 
Quote from ETUserisme:

I think we are at cross purposes. Yes, I've read them all but I was referring to the element of your post that outlined a method for trading the signals (which, had one followed this morning's signal some may say could have been disappointing).
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No, I don't think you understand. Those were my signals I was trading, not his. I read his posts for humor and to break the monotony (or stress) of the trading day, not to get his signals for trading. If I wanted the signals, I would just subscribe to the service.

To make it (pun alert) crystal clear, I was curious as to why he posts the predictions and why others think he posts them.
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Please see above ...
 
THURS. 11-02 1:12pm dow-32



The mighty "CRYSTAL BALL" is NEGATIVE calling for WEAK Market action this afternoon. More of the same my good fellows, stay the course if youre short.

Rennick out


:cool:
 
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