Reality check: since Rennick's yesterday's "sell" signal, the S&P 500 is up 25 points. I think that crystal ball was dropped on its head.
Urgent Message From Rennick
- Thread starter William Rennick
- Start date
Reality check: since Rennick's yesterday's "sell" signal, the S&P 500 is up 25 points. I think that crystal ball was dropped on its head.
The reality is that youre full of crap. Yesterday's SELL Signals occured with the Dow up 21 and the SP 500 up about 6 or at 1468, right now the s&p 500 is at 1481. My math says it's a 13 point miss. Get your facts straight piker. You can :eek: sissypoo now.
Rennick out
Considering he made the call when DOW was up 120+ and it dropped about 80 pts, there was money to be made shorting the rally. So while the market never went red, someone could've made money shorting this morning. I saw it on my own chart but regardless, I don't short upward trending markets.
Quote from William Rennick:
The reality is that youre full of crap. Yesterday's SELL Signals occured with the Dow up 21 and the SP 500 up about 6 or at 1468, right now the s&p 500 is at 1481. My math says it's a 13 point miss. Get your facts straight piker. You can :eek: sissypoo now.
Rennick out
That's still a pretty big miss there, Hoss.
JJ
Since I like ya JJ I won't link up to the heaping, steaming pile of calls you made over in journals. My signal has 1 bad day yesterday and you're snapping off. Today's WEAK Morning call was spot on, anyone could have scored a nice win on that one.. You're right though, 13 points,,whew...but a miss is a miss. Thanks for the rotton tomato anyway.
Rennick
Actually my good man the Nas which was up 25 at the high, was down 4 at one point this morning.
Reality check below (Dow up 200 since the first call):
TUES. 7/31 1:12 pm dow+79
I HAVE A VERY EXCITING ANNOUNCEMENT TO MAKE:: The "Ball" is now NEUTRAL calling for FLAT boring Market Action this afternoon. The Averages should roughly maintain current levels for the rest of the day. That is my que to go swimming and then head into town. BTW, I'm still holding my puts which are doing better now than this morning.
Rennick out
I HAVE A VERY EXCITING ANNOUNCEMENT TO MAKE:: The "Ball" is now NEUTRAL calling for FLAT boring Market Action this afternoon. The Averages should roughly maintain current levels for the rest of the day. That is my que to go swimming and then head into town. BTW, I'm still holding my puts which are doing better now than this morning.
Rennick out
I'm not saying that rennick is the best forecaster ever, but I'm wondering why you are being so hard on him. Is there some histroy there that I don't know about?
In my book, at trader making one bad call out of 10 isn't a bad thing. Nor is making 4 bad calls out of 10.
