Urgent Message From Rennick

I just went long here (dow -140). I wasn't planning on trading but this appears to be a news driven selloff.I've made some good trades in the past by fading mid afternoon breaking news into the close. I'm just putting on a small position with no upside target. I' ll get out at the close.

Rennick out:cool:
 
Quote from William Rennick:

I just went long here (dow -140). I wasn't planning on trading but this appears to be a news driven selloff.I've made some good trades in the past by fading mid afternoon breaking news into the close. I'm just putting on a small position with no upside target. I' ll get out at the close.

Rennick out:cool:
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Double ouch, I just hit my uncle level on that falling knife trade.... out with a second loss of the day,dumbass. Crappy way to end one the best weeks I've had in a while. After today I think I'll roll on into the Rusty Nail and pick a fight with some loggers.:mad: :mad: :mad:
 
Quote from krazykarl:

my dear bill - how i have missed thee...
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hey whada ya say there Karl. I know you like the long side, hope your ass ain't bleeding to bad after today.:eek:
 
Quote from William Rennick:

hey whada ya say there Karl. I know you like the long side, hope your ass ain't bleeding to bad after today.:eek:
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I've been hiding for the past few months - thinking about a flight to gold shortly here.

I'm no good on the short-side except through arbitrage - so when this junk happens I change trading instruments.


How's your wife and ball doing?
 
Quote from krazykarl:

I've been hiding for the past few months - thinking about a flight to gold shortly here.

I'm no good on the short-side except through arbitrage - so when this junk happens I change trading instruments.


How's your wife and ball doing?
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Both are well, living in exile from ET world.

:D
 
Quote from William Rennick:

Double ouch, I just hit my uncle level on that falling knife trade.... out with a second loss of the day,dumbass. Crappy way to end one the best weeks I've had in a while. After today I think I'll roll on into the Rusty Nail and pick a fight with some loggers.:mad: :mad: :mad:
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Everyone's been there. :(

Don't sweat it and come out hitt'in 'em Monday.

Remember, if a call doesn't happen, quite often it will carry forward into the next trading session.

Good trading,

JJ
 
MON. 8/6 9:50 am EST dow+ 59

THIS BE THIS, AND THAT BE THAT,,THE MIGHTY "BALL" SAYS SHE'S GONNA BE FLAT!!
Expect the Averages to roughly maintain current levels during the morning session.

Rennick Out:cool:
 
Quote from William Rennick:

MON. 8/6 9:50 am EST dow+ 59

THIS BE THIS, AND THAT BE THAT,,THE MIGHTY "BALL" SAYS SHE'S GONNA BE FLAT!!
Expect the Averages to roughly maintain current levels during the morning session.

Rennick Out:cool:
More...

MON. 8/6 1:07 pm EST. dow+122

The "Ball" pretty much nailed the morning with the Averages ending the session (12pm EST) very near the morning update levels.
It has now turned POSITIVE caliing for further STRONG MARKET action this afternoon. Get in fellas this baby is going up!!!

Rennick out:cool:
 
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