Urgent Message From Rennick

[fritz g. braun]

Quote from bigarrow:PUBLIC SERVICE NOTICE:_ Based on following the paid service touted and also know as Rennick's magic ball for 2 months it does not work and Rennick did not tell the truth about the balls performance during that time. Granted 2 months isn't long but during that spell following the rules exactly I would have a losing trade while at the same time Rennick would be bragging how accurate the ball is and how it was a winner, when in fact it was a losing trade. When questioned he would always have an excuse why it really was a winner just as he does now. Rennick writes well and is entertaining but it's bullshit and he's full of it, again based on the 2 months I was following the ball and his comments during that same time. The service he touts is cheap only $30 a month I think when I was on it, but the money you'll lose will be more and even costlier will be the time lost using the magic ball when you could be spending time learning how to trade. There are some guys on here who have good information, are very helpful and generous with their time and can help get you going in the right direction but Rennick is not one of them, this thread is for entertainment only not for putting real money on real trades.Now that I've done my good deed for the day time to go out and enjoy the weekend.

As a member of the service which Mr.Rennick uses I would like to comment on the last post. I follow and use the same daily intraday signals_ which Bill_ uses in his posts.I do not know Bill or bigarrow personally, nor am I in any way affiliated with the said service, other than being a member for 7 months. <b> I can attest with great confidence that none of Bill's posts have ever been inconsistant with what the service was predicting for the day.</b> Furthermore, I would ask bigarrow to prove where Mr. Rennick has made false claims.From what I have witnessed, Bill makes his daily call in front of the entire ET community in real time for all to judge. Bigarrow, we are not fools Sir, and are capable of judging_ Mr. Rennick's integrity, and whether his forecasts have merit.
Most of Bill's daily posts here have been by any measure highly accurate. The point of his posts, and also of said service is to predict intraday market direction. No specific trading advice is ever given. It is up to the individual trader to use that information as he or she chooses.Bigarrow,_ you seem to have your own agenda which is likely influenced by your performance as a trader. I have used the same forecasts successfully as it fits my trading style well. It is unfortunate that your trades didn't work out as planned. Instead of blaming Bill and the Ball , maybe you should look within.You made in my view a slanderous attack on Bill Rennick, and I believe an apology is due.

F.Braun

 

[paysense]

FOR ONCE someone comes out and clearly calls it as it is.

I TOTALLY AGREE WITH ABOVE POST. Yet pissed off traders will continue to attack and disrespect others by twisting things to fit their own selfish and sick agendas.

On top of that they will get others with the same mentality to jump on the bandwagon while people like the above poster stay silent.

Yes, we are not so duped to not see what is really going on. I entirely agree that these slanderers are SO WRONG and thank the above poster for clearly stating in the way he did.


:eek:

G

 

[fritz g. braun]

Quote from Relleum:

On friday, I was sure there would be a reversal, i just didnt know at which level it would turn around. Based on a few posts ive read, i decided to trade based on your opinion of the afternoon trend. Regardless of how you try and spin it, the call was WRONG. It would have been an excellent call if it was made at 9:30. Unfortunately you made it within a few points of the LOD, and if someone went long (opposite of your call) with a 10 point stop, they would be ~+80 if they sold right before YM closed shop (4:15pm est).

--Relleum

For the record, the forecast at 9:40 am was for weak market action. The 1:05 pm forecast remained negative. Anyone who followed that morning call and stayed into the close did quite well. The low of the day did register around 2 pm which would cornfirm the forecast for further weak market action. Mr. Rennick didn't post that morning call for whatever reason. I'm sure others who recieved the morning forecast will agree that it was a very good call. This is taken in context with the perspective of an actual trader who made a winning trade that day. Regards.

F.Braun

 

[atticus]

Quote from Dr. Zhivodka:

Rennick and Risk and Atticus all mentioned in the same sentence...whaddya know.

Yes, I am Rennick and Riskfree. Isn't it obvious?

 

[bigarrow]

I'm cool, I'm not pissed off in any way and I don't have any agenda unlike others here. I don't mind letting others know about my experience and maybe saving someone else some time and money. The service didn't work when I was on it, that was a fact. The owner of the service said in an email he made some changes since it wasn't performing well, yet during this same time the owner wasn't satisfied with the performance Rennick was goating about how accurate it was, which it was not. The owner of the service was polite and answered my emails promptly, I never had a problem with him and for all I know it's accuracy may be better now. But Rennick was not a reliable person to gauge the accuracy of the calls by and thus in my judgment not a reliable person to put hard earned money on. Bullshitter are fine when telling a funny story but not good when your trying to learn how to trade. Struggling traders look elsewhere for guidance don't look to Rennick, that is my opinion on the matter.

 

[William Rennick]

Quote from bigarrow:

PUBLIC SERVICE NOTICE: Based on following the paid service touted and also know as Rennick's magic ball for 2 months it does not work and Rennick did not tell the truth about the balls performance during that time. Granted 2 months isn't long but during that spell following the rules exactly I would have a losing trade while at the same time Rennick would be bragging how accurate the ball is and how it was a winner, when in fact it was a losing trade. When questioned he would always have an excuse why it really was a winner just as he does now. Rennick writes well and is entertaining but it's bullshit and he's full of it, again based on the 2 months I was following the ball and his comments during that same time. The service he touts is cheap only $30 a month I think when I was on it, but the money you'll lose will be more and even costlier will be the time lost using the magic ball when you could be spending time learning how to trade.
There are some guys on here who have good information, are very helpful and generous with their time and can help get you going in the right direction but Rennick is not one of them, this thread is for entertainment only not for putting real money on real trades.
Now that I've done my good deed for the day time to go out and enjoy the weekend.

Sorry it didn't work out for you Skippy, now please, go get a job in a field where you can't blame me for any mistakes. How bout scuba diving, or maybe a mine field technician. Damned Piker...

Rennick out

 

[William Rennick]

Quote from fritz g. braun:

As a member of the service which Mr.Rennick uses I would like to comment on the last post. I follow and use the same daily intraday signals_ which Bill_ uses in his posts.I do not know Bill or bigarrow personally, nor am I in any way affiliated with the said service, other than being a member for 7 months. <b> I can attest with great confidence that none of Bill's posts have ever been inconsistant with what the service was predicting for the day.</b> Furthermore, I would ask bigarrow to prove where Mr. Rennick has made false claims.From what I have witnessed, Bill makes his daily call in front of the entire ET community in real time for all to judge. Bigarrow, we are not fools Sir, and are capable of judging_ Mr. Rennick's integrity, and whether his forecasts have merit.
Most of Bill's daily posts here have been by any measure highly accurate. The point of his posts, and also of said service is to predict intraday market direction. No specific trading advice is ever given. It is up to the individual trader to use that information as he or she chooses.Bigarrow,_ you seem to have your own agenda which is likely influenced by your performance as a trader. I have used the same forecasts successfully as it fits my trading style well. It is unfortunate that your trades didn't work out as planned. Instead of blaming Bill and the Ball , maybe you should look within.You made in my view a slanderous attack on Bill Rennick, and I believe an apology is due.

F.Braun

Thx for the defence Braun, I'll hire you to defend me next time I get pinched for an open container

 

[Joab]

Quote from William Rennick:

Sorry it didn't work out for you Skippy, now please, go get a job in a field where you can't blame me for any mistakes. How bout scuba diving, or maybe a mine field technician. Damned Piker...

Rennick out

I'm confused !

Are you or are you not using a service ?

If you are, how can you take any credit for this thread. ?

 

[William Rennick]

Quote from Joab:

I'm confused !

Are you or are you not using a service ?

If you are, how can you take any credit for this thread. ?

The conventional wisdom here on ET is that Market timing doesnt work, especially intraday. I occasionally post the "Balls" forecasts to prove that it does. I've said since day one that was the deal. I don't go into detail or mention any names because promoting a non sponser is spamming and against the rules. I wished I could come up with the forecasts myself, but all that work would cut into my Old Milwaukee time.

Rennick out

 

[bigarrow]

Quote from William Rennick:

Sorry it didn't work out for you Skippy, now please, go get a job in a field where you can't blame me for any mistakes. How bout scuba diving, or maybe a mine field technician. Damned Piker...

Rennick out

Rennick, the used car salesman of trading services always a smart ass reply a slap on the back and a trust me boy I'll treat you right. I fired a bullshitter like you last year, you guys are fun at the bar you keep things loud and lively and always have a good story to tell but in business and real life time spent with a bullshitter is pretty much just lost time.