The Chronicles of Rennick

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Quote from William Rennick:

Thurs. 10/12 1:25pm Dow +65


"Just like back during the day's before Columbus proved em wrong, the mighty "Crystal Ball" says this afternoon "She's gonna be flat" like a pancake. Expect the Averages to roughly maintain current levels"

Rennick out:cool:
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Ouch!

I hope you're gonna count that one seriously in the Bad Calls Column (glad I'm just look'in at the indicators when I trade).

Hey, no worries, like the song says, 20 out of 19 correct calls ain't bad. spoken to rhythm of Meatloaf's 2 out of 3 Ain't Bad

Later,

JJ
 

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Quote from JimmyJam:

Ouch!

I hope you're gonna count that one seriously in the Bad Calls Column (glad I'm just look'in at the indicators when I trade).

Hey, no worries, like the song says, 20 out of 19 correct calls ain't bad. spoken to rhythm of Meatloaf's 2 out of 3 Ain't Bad

Later,

JJ
More...

The morning "Ball" called for Strong action and already had anyone long using the "Balls" suggested trading guidelines out with a win by 12 pm. The "Ball" went to neutral for the afternoon in front of the Beige book release, which is major unknown economic data. The Dow closed 29 points above the afternoon update level which really is pretty flat on a sizeable up day. The Nas however showed relative strength. If you take everything into context it really was a decent call, ,,, in my humble opinion.

Rennick:cool:
 
Quote from JimmyJam:

Ouch!

I hope you're gonna count that one seriously in the Bad Calls Column (glad I'm just look'in at the indicators when I trade).

Hey, no worries, like the song says, 20 out of 19 correct calls ain't bad. spoken to rhythm of Meatloaf's 2 out of 3 Ain't Bad

Later,

JJ
More...

That's 19 out of 20 calls ain't bad.

I was typing that at 3am in the morning after a celabratory beer of ending my work-week (blagh!) and having caught that strong 6pt up move in the Spooz-emini's on top of the previous move that I got 2 pts out of.

Heh.

Best Regards,

JJ
 

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FRIDAY 10/13 1:15pm Dow-9

Sorry guys short and sweet, no lengthy posts today so here is what the "Ball" is saying for the afternoon:


"+" (that means Positive or STRONG Market action)



"R" out..:D
 
Quote from William Rennick:

FRIDAY 10/13 1:15pm Dow-9

Sorry guys short and sweet, no lengthy posts today so here is what the "Ball" is saying for the afternoon:


"+" (that means Positive or STRONG Market action)



"R" out..:D
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Here's the chart.

So it was.

Later,

JJ
 

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Quote from wabrew:

JJ - what software service did that chart come from? Thanks.
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I use Medved Quotetracker, recently acquired by TDAmeritrade.

It's an open tier-system designed for guys who like to tinker, currently still at a very inexpensive price.

Love it.

Regards,

JJ
 
MON. 10/16 1:20pm Dow+9

Today that mighty "Ball" is saying WEAKISH this afternoon. In other words she's going down more like Ward Clever style, not Ron Jeremy.

With that boring forecast I'll be hoping for more so my morning shorts pay off.

Rennick out

:cool:
 
Quote from William Rennick:

MON. 10/16 1:20pm Dow+9

Today that mighty "Ball" is saying WEAKISH this afternoon. In other words she's going down more like Ward Clever style, not Ron Jeremy.

With that boring forecast I'll be hoping for more so my morning shorts pay off.

Rennick out

:cool:
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Geez guy.

You're shorting an uptrend and nothing in the indicies or internals are saying sell or even take profit.

While we're overdue for one or the other, it ain't happening right this minute. I'd rather sit with my longs and take a very small hit rather than try to game this bad-boy.

Having said that, if it can break the Open, you probably got a shot at it.

Regards,

JJ
 
THURS. 10/19 2:10pm Dow+11

I've got a few extra minutes to relay the mighty "Crystal Ball's" call. Assiting today is none other than the legendary Howard Cosell. Rennick and the cigar smoking Cosell study the "Ball" for a moment, get into a heated exchange and now only Cosell approaches the mic, after clearing his throat and staring down the studio audience he will now speak:

"Ladies and Gentlemen of the worldwide Internet audience, after taking a studacious look at my dear friend Williams amazing prognastic Orb, I believe this Market is hurt... Angie Dundee , Ali's trainer standing next to me is saying it, you may hear him...DOWN GOES FRAZIER, DOWN GOES FRAZIER, DOWN GOES FRAZIER.... Rennick and his security detail rush the podium to get the crazed Cosell off the mic, Cosell puts up a good fight but is finally tossed from the room,, Rennick now has secured the mic and will speak:
" I WANT THE FRIGGEN NAME OF THE JACKASS WHO LET THAT OLD GEEZER IN HERE!!! Ummm, sorry everybody just some small technical diffuculties here at Rennick Manor,, anywho the mighty "Ball" is calling for a WEAK afternoon"

The Amazing Rennick out:cool:
 
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