I was challenged by a member to make a precise forecast ,so except for my guess as to where the dow (+26) would land, the "Ball" itself had another good day.Quote from William Rennick:
FRI. 8/4 1:35pm Dow -15
With the cerimonial Turbin now in place Rennick gives the mighty "Chrystal Ball" a vigorous massage. From the mist Rennick sees FLAT Market action with the majority of the Averages settling near unchanged and the Dow up 26 points (give or take 12 points)at the close. That is all, the Amazing Rennick has spoken.![]()
Quote from William Rennick:
MON. 8/7 1:41 pm Dow - 6 points
After dutifully throwing a spit-shine and knocking a weedends full of dust off the mighty Chrystal Ball the still hot mama Mrs. Rennick leaves the room to finish her kitchen duties.
The Amazing Rennick will now speak,,"I see a boring afternoon ahead full of FLAT Market action and the Averages ending near current levels. You would be better to shut off your comps and go get an ice cream cone"
Once again, the Amazing Rennick has spoken.![]()