Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Looking weak, those who added to their short positions yesterday must be really happy. 
What happened to the selloff?
No more selloff? oh no
No more selloff? oh no
If I recall...the crystal ball is right again.
I believe he (Willy) predicted the slightest "off" forecast would result in the barbarians asking "what's in your wallet"?
Didn't take long for the resident "experts" to jump in now did it?
I believe he (Willy) predicted the slightest "off" forecast would result in the barbarians asking "what's in your wallet"?
Didn't take long for the resident "experts" to jump in now did it?
Wow, that was a vague line of shit. Who said anything about resident experts? That made no sense...I just want to know who added to their short positions yesterday...take it easy bumbles.
And the market is pretty much where the original call was made.
The multiple overnight position trade I am holding was safely profitable at the close of yesterday. This is likely to go into the red or hopefully break- even at the open as the market should open strongly to the upside . My strat is to wait for my market signal to tell me which direction the market is likely to go after the open. If it calls for weak market action during the morning I will hold my position. Conversely a signal for strong market action in the morning will trigger me to close out my position, hopefully break even, but likely to be below par.
Market just opened , I'll post what I do in a while.
Rennick
Market just opened , I'll post what I do in a while.
Rennick
Quote from SiSePuede!:
Wow, that was a vague line of shit. Who said anything about resident experts? That made no sense...I just want to know who added to their short positions yesterday...take it easy bumbles.
And the market is pretty much where the original call was made.
You "assumed" I meant you?
I didn't assume anything about what you meant because it's was quite non-sensible. Coherence helps.
THURS 9:50 am dow +79
I recieved a signal calling for continued STRONG Market action during the morning session. With that I closed out my position for a small loss<5% on my qqq put position.
This is the problem with position trading instead of my normal trading plan. In my quest to catch a bigger market move I let a trade ride too long. At the lows yesterday I had nearly doubled my money. Instead I end up taking a loss. You guys got to see a good trade gone bad, in real time...
Bulls and Bears make money,,,Pigs get slaughtered.
Rennick out
I recieved a signal calling for continued STRONG Market action during the morning session. With that I closed out my position for a small loss<5% on my qqq put position.
This is the problem with position trading instead of my normal trading plan. In my quest to catch a bigger market move I let a trade ride too long. At the lows yesterday I had nearly doubled my money. Instead I end up taking a loss. You guys got to see a good trade gone bad, in real time...
Bulls and Bears make money,,,Pigs get slaughtered.
Rennick out