Quote from William Rennick:
It's a good question. There are others here on ET who are actually paying to use the "Chrystal Ball". One guy made a good point and said I shouldn't be posting any calls at all, especially both of them. I explained to him that I was only posting them for two reasons.
1) to prove to the many nay-sayers who deny that it's possible to forecast the market intraday
2) and honestly just to show the guys who try to make calls here how to do it (even though I'm just relaying the message.)
And if anyone is wondering, yes I did recieve permission to show off the afternoon call on message boards. That's about as far as I will go talking about the "Ball" as I don't want to get in trouble with the Journals Mod about spamming in an open forum
Rennick out