Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Quote from William Rennick:
Yea well I can only EDIT any bad calls for 30 min, plus these Cats and Pikers would notice. You on the other hand can go on your blog and use the magic wand at will.
That is not true. In addition, I have been doing it here on ET on multiple threads
1. Multiple threads I started including these two threads (readers go to my history and you will find all threads I started with my market calls in them). It was done live:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406&highlight=with+NDX
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127543&highlight=bulls
2. This thread of yours bill also contains many top and bottom nailing.
The written history of ET is VERY VERY useful!
If you are new here, check my history. I have not only started ONE with live calls nailing tops and bottoms, but MANY threads with MANY calls. It was an experiment.
Pull a chart, read my calls in the threads, and compare reality vs. predictions.
Here are some links for your to start.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406&highlight=with+NDX
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127543&highlight=bulls
Written history is a beautiful thing!
Bill makes two types of market calls. The usuals, and the ones (rarely) that are RFT-style calls (at the level of 1-minute).
I was asking if you can tabulate the latter as well. As for tracking me, it would be great. If you want, you can go to those threads in the history (they are ET material, time-stamped, and I have had people watching me like hawks in those threads and even taking the opposite side of my threads
)Quote from William Rennick:
TUES. 8/12 1:15 pm dow -63
The "Ball" which nailed the morning low with a weak call has now edged into NEUTRAL calling for FLAT Market action this afternoon. Expect the Averages to roughly maintain currents levels into the close, with the bias being to the upside.
With that I'm going to shut down the trading screen and attack a long list of chores.
Rennick out
Contrary and Bill:
Contrary is right in his interpretation of PM call, which is negating the latest explanation of Bill. Key sentence from Bill himself (see above) is:
" Expect the Averages to roughly maintain currents levels into the close, with the bias being to the upside. "
But Bill, I like your market calls. Keep them coming buddy. I just have to be fair in my analysis. So do not take it personal Billy!
Quote from riskfreetrading:
Contrary and Bill:
Contrary is right in his interpretation of PM call, which is negating the latest explanation of Bill. Key sentence from Bill himself (see above) is:
" Expect the Averages to roughly maintain currents levels into the close, with the bias being to the upside. "
But Bill, I like your market calls. Keep them coming buddy. I just have to be fair in my analysis. So do not take it personal Billy!
No problemo, but for the record the part about bias to the upside was Rennick, not the "Ball". The "Ball" gave one actionable and/or tradable call at the open, which was for WEAk Market action. The afternoon FLAT call meant to either don't initiate new positions, or to maintain existing positions. This is why I believe the afternoon Flat call in conjunction with the original morning Weak call was actually a decent call.
The way I see it contrary should add 1 win and 1 push on the score card, and take away 2 of the losses. The bean counter errantly hit the "Ball with 2 losses in a single afternoon, when only one call was made. I welcome someone keeping score, but he shouldn't be the sole judge of whether the call was accurate. Everyone here should be able to give serious input as to whether the call was good or bad.
Rennick out