Urgent Message From Rennick

Quote from MandelbrotSet:

RFT in his ususual household attire.

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LOL!

That is someone who lost his ball. Or his money to RFT!

He sold his farm, and now he is naked.

:p
 
I'm a fan of this thread,we need a few characters around here and i think the 'ball' is more often right than wrong.I don't think you should enter/exit trades at the time the signal is given but look at the signal in context.Today it said buy the dips am and sell rally pm. This morning,the low 30's support (s&p) from weds held and there were 2 opportunities after the signal to buy around there and exit 1340.In the afternoon the 1340 area appeared to be resistance so you might have been tempted to go short there,however since 1344 is medium term resistance that would be a better short entry -and i accept the rally went to 1347.6,but we closed under 1344 resistance (again). Scalpers with tighter stops might not benefit from the signals,but overall i think it was accurate in describing the general trading pattern today and is probably not intended to indicate exact entries/exits.Its like the TA argument,works for some and not for others.Even if the ball was crap i would still read rennick for the entertainment.As for the critics,take note of the view count for this thread - keep posting rennick!
 
Quote from mitsubishi:

Even if the ball was crap i would still read rennick for the entertainment.As for the critics,take note of the view count for this thread - keep posting rennick!
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Hell, that ain't noth'in.

The other thread that Rennick ran had some of the funniest sh*t I've ever read on ET (next to RiskFreeTrading's insistence on shorting all the rallies until they finally turn, and then claiming to have "killed the Bulls", LOL :p :D ).
 
"OK I did. And your ball is 50% at best."

How disappointing. It would be great if it is less than 30%, then I would use it another way round.

Kidding aside, I think the "ball" made a right call today. This is my first time looking up this thread. I will follow it up for few days.

freewilly
 
If I'd listened to Rennick instead of all you asshats I'd be rich now. I could have shorted the ES at 1348 and rode it down to 1331 where it is this morning. Fuck! That would have been an awesome trade.
 
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