Urgent Message From Rennick

His coin called up and it went down. Then the afternoon coin called down and it went up. This thread is a total joke. How this is a "trading" thread is ET's shame.
 
Quote from Mr. Rowshan:

His coin called up and it went down. Then the afternoon coin called down and it went up. This thread is a total joke. How this is a "trading" thread is ET's shame.
 

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Quote from William Rennick:

THURS. 6/19 1:10 pm dow+11

The mighty "BALL" has now swung NEGATIVE calling for WEAK Market action this afternoon. PUT YOUR CRASH HELMETS BACK ON, SHE'S GOING DOWN LIKE FRASIER.

http://dgf.ytmnd.com/

Rennick out
:cool:

Dow is at its high of the afternoon, go short now ...
the timing is perfect!!!

Rennick out:cool:
 
To those with lazy assets, who cannot lick to the other thread or to the blog, here what happened when you were sitting on your assets:

Quote from riskfreetrading:

RFT has issued another call on his blog. Short NDX at 2:35PM with NDX at 1988 to 1989 area.

He is also posting his trading record later today on his blog. Stay tuned!


This is a wild great profitable day.

Read to see where he went short, long, and when!

Timing is everything. And yes you can time smaller tops even against a trend. That is how you should get your training. If you can pick loads of cash in front of moving train, get out like a million bucks, what do you think you can do if the cash is behind the mving train?

RFT (fast, fast,: he hits his bed before the room gets dark) :cool:
 
Due to the popularity of this thread and my unofficial support for Rennick (one funny guy). :D

I decided to paper trade the Ball for a month in my options x press account.

For $29, why not :)


I can now officially say the ball .... SUCKS wind.



Rennick - I hope you didn't quit your day job.

Peace out Brother.
 
In defense of the ball...

It called for an up morning. You could have bought at the lows (talking /ES here) around 10 to 10:20 and held until 11. Then stopped, had lunch and a nap.

It then called for a down afternoon. You could have bought at the peak at 3:05 and ridden that down to the close.

Even though the ball is giving out the correct calls, you still have to know how to trade them.
 
Quote from saluki:

In defense of the ball...

It called for an up morning. You could have bought at the lows (talking /ES here) around 10 to 10:20 and held until 11. Then stopped, had lunch and a nap.

It then called for a down afternoon. You could have bought at the peak at 3:05 and ridden that down to the close.

Even though the ball is giving out the correct calls, you still have to know how to trade them.

Open mouth, insert foot.

The "ball's calls" are at precise times each day - 9:40AM and 1:05PM. The direction is from those times specifically. It's useless if you have to make judgements like "OK, the ball says short....I'm gonna wait two hours for the ES to rocket up 10 pts, and then go short". How hysterical!

The "ball" just plain got it wrong twice today (it happens). To be somewhat correct, at the very least it should have said directionless. To be really correct, it should have said to go short at 9:40, and go long at 1:05.
 
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