Urgent Message From Rennick

Quote from bigarrow:

Are you still long?
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No, I had to make a run into town and closed out my calls for a small loss just after W's speech tanked the market. Hats off to those short today. W's speech saved your asses. oh well, trading on options ex and in front of potential news ain't smart. It's called gambling and is why I never trade options ex afternoons. Too much funny business as the big players or fast money utilize program trading and near zero premium options to make a killing. Have a great long weekend all, I'm hitting the slopes.

Rennick out:cool:
 
Quote from William Rennick:

No, I had to make a run into town and closed out my calls for a small loss just after W's speech tanked the market. Hats off to those short today. W's speech saved your asses. oh well, trading on options ex and in front of potential news ain't smart. It's called gambling and is why I never trade options ex afternoons. Too much funny business as the big players or fast money utilize program trading and near zero premium options to make a killing. Have a great long weekend all, I'm hitting the slopes.

Rennick out:cool:
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Wasn't short or long here. Have fun in the mountains. The mountains and the coast are my two favorite places... that's why I on the plains, go figure.
 
Quote from MandelbrotSet:

His "new short" was after-the-fact, and his "stop out at 1.50 pts" was after the market moved over 8pts against his original entry ... despite the fact that, as you mentioned earlier, he never used stops in his paper trade calls previously, and certainly not a tight, 1.50 pt stop.
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The guy's an obvious harrasser and wank job, fell free to use the complain button liberally when you get tired of bashiing his head in.
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I agree with using the Complain button. Putting these turds on ignore doesn't work. Trash just seems to attract more trash and eventually good threads end up in the trash.

For the viewers of the thread, I suggest keep on pushing the Complain button liberally, eventually some mod should show up to haul out the trash.
 
Quote from travelingtrader:

A stock market collapse would not cause a recession. But a recession may cause a stock market collapse.

There will be no rate cut tomorrow because Bernanke does not want people to think he is trying to manage stock market returns.
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When someone drinks too much and go's green is it not better to puke it all out before you start eating? The freshman chairman should let this correction run it's course. Will he,? doubtful, as he will come under tremendous pressure to try to settle the markets for a spell. What happens when he pulls the ease trigger and the Markets continue to tank??? This my friends is the Doomsday scenario which leads to things that have been foretold in the Good Book. 666 is coming, and a total financial collaspe will bring it on.
I believe that strategic manipulation by our creditors and those hoarding our currency is the cause of this tremendous turmoil. THIS IS A FINANCIAL COUP D'etat. We are about to experience things that will make every other financial crisis seem civilized and tame. WAKE UP YOU FOOLS,, A NEW ERA IS AT HAND!!!

Rennick out:cool:
 
Quote from William Rennick:

This my friends is the Doomsday scenario which leads to things that have been foretold in the Good Book. 666 is coming, and a total financial collaspe will bring it on.
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So are you saying you're bearish?
 
Quote from MrDODGE:

So you are with the talking heads thinking we are heading into a depression?
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I believe that depression doesn't describe it properly. More like a calamity or disruption which will lead to a revoulution in how we conduct our daily affairs. Powerful entitys which have thier hands around our financial throats are behind this. We are in debt to an extreme at all levels that has never been seen before. These chickens are coming home to roost and our experts and leaders are helpless. I pray that I'm wrong, but just like when 9/11 happened, things are changing fellas and we're watching it in real time.
 
Just woke up from a dream...it was very real. I saw the dow down over 1300 points around 2:45 pm today. SO IT HAS BEEN FORETOLD. SO SHALL IT BE...

THE AMAZING RENNICK OUT:cool:
 
haha. I couldn't sleep much either. Looks like a lot of people are having sleepless nights. It is going to be brutal today. Those that buy at the open will regret it at the close. Forced selling will take over after 3:00 pm EST.
 
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