Quote from William Rennick:
The actual Chrystal Ball, not Rennicks interpretation called for a FLAT Close, which is very much what occured today.
Where I went wrong was assuming that meant flat from the 1 pm level which at the time was up 60 points. A look at the chart below shows the tight range from 2 pm till the close. I'm new at this market timing stuff, from now on I'll relay the actual call, not my version.
yea, i was wondering why you readthe "chrystal ball" that way. it called for a strong morning session, and then a FLAT close. i hit my upside sell order early on this morning and didn't trade any more for the day. my 5 k has now grown to 11.2 k in about 6 weeks. i'm going to pull 6 k out and bank it.. take care rennick
