Urgent Message From Rennick

[stock_trad3r]

Quote from Spooz Top:

villiage....perhaps you should leave this thread to the adults & people whom actually trade.

no sense in knocking something that you can`t do or have trouble comprehending.

Um hum since when did you become a moderator?

 

[gnome]

Quote from JimmyJam:

"... Know your own system, and trade it.

What if "your own system" = "do what Rennick does"?

 

[William Rennick]

Quote from JimmyJam:

Let this be a lesson to you.

Never rely on the trading recommendations of others, know your methodology inside-and-out ... that way it just won't matter what another traders' or a subscription service's opinion of the markets are.

Know your own system, and trade it.

Good trading,

Jimmy Jam

Good advice, but I would still short this rally.

 

[Spooz Top]

Quote from stock_trad3r:

Um hum since when did you become a moderator?

Um hum since when did you become a trader?????

 

[William Rennick]

Quote from gnome:

What if "your own system" = "do what Rennick does"?

LOL, if we could get enough stock day traders following, than our calls would be self fulfilling. Remember the great Dan Dorfman and his CNBC Dorfman report. It was a sad day when they canned him. I think he's working the rock pile at Joliet Correctional Facility these days.

Rennick

 

[dandxg]

JJ I agree with you and I am not trade these calls as a system. I am just looking to filter grey area trades on my method with a supplemental, that's all.

 

[jeffalvinson]

Quote from William Rennick:

Good advice, but I would still short this rally.

Bill,
I use several different trading systems (swing, day & scalp) for index option trading and all my systems are lit up with puts
as well.
However on day like this when everything appears over the top bullish, I wait until either 2:30pm or 4:10pm to buy puts, depending on what I technically see on the charts.

Jeff

 

[stock_trad3r]

Great day today after Fridays steep selloff.

markets will continue to go higher this week.

not a good time to be short

 

[SiSePuede!]

Quote from stock_trad3r:

Great day today after Fridays steep selloff.

markets will continue to go higher this week.

not a good time to be short

It is for me! I've made good money shorting BIDU and RSH lately....nice!

And I've made $100k in the last week on paper on some good investments...nice!

 

[William Rennick]

Quote from SiSePuede!:

It is for me! I've made good money shorting BIDU and RSH lately....nice!

And I've made $100k in the last week on paper on some good investments...nice!

Sissy's rturn to this forum reminds me of the time Ace Ventura returned in spirit form back to the monestary. The reaction of those monks was priceless. (Ace Ventura 2).