Urgent Message From Rennick
- Thread starter William Rennick
- Start date
10:19AM with NDX at 1884 I covered.
Paysense: you thought you put a noose, but you did not realize that it was YOUR NECK where the noose was put.
Now, it is me who just put away that noose around your neck, however I see some cuts. Your selfinflicted cuts!
PS: I shorted at covered before the fed at 1933 (4 points gain from 1936), and then I went for the KILL. I shorted at 1949 after the Fed announcement, and the bulls thinking they got it right!
So do the math: (1949-1884)!
Now I am putting the noose on BEARS NECKS!
Here is what I wrote some 5 minutes ago:
"10:43AM: with NDX at 1879 to 1881 area. I covered short position on NDX, and I started getting in on long side in pyramid formation."
Here is what I wrote some 5 minutes ago:
"10:43AM: with NDX at 1879 to 1881 area. I covered short position on NDX, and I started getting in on long side in pyramid formation."
10:59AM with NDX at 1874 we are at the bottom or (bottom + 2 points). My entry is complete.
Your long pryamid is now burried, you may want to switch to skyscraper formation. Maybe the rooftop anttanae will be above ground.
btw, the "Ball" nailed this mornings down move.
Rennick out
Time will tell Rennick Out. RFT has confidence in his tools.
RFT is sure not among the crowd (he is a King of Kings and an Emperor). He completed his entery at 1874. It is in the record, and now everyone thinks this is heading south. I say the down has ended for the morning (possibly the bottom of the day).
RFT is sure not among the crowd (he is a King of Kings and an Emperor). He completed his entery at 1874. It is in the record, and now everyone thinks this is heading south. I say the down has ended for the morning (possibly the bottom of the day).
Sorry buddy. I am annoying and boring to myself as well.
pS
FYI I am looking at a significant move down as the NDX 1875, NQ 1890 level has now been breached.
But as day-traders and seasoned vets know. . .there are rallies on the way down - so it may take more than today to pop that much lower.
To me this is moderately exciting. Calling the market correction on 23-May-2008 just adds to this "swing" traders long list of accurate moves acted upon.
On-topic I am liking the Crystal "BALL" being pretty right most of the time. Since I swing-trade - and sell covered calls - I am not to occupied with intra-day trades, hence the boring posts.
But I can't expect to please everyone.p$
and so I'll put my own posts on ignore.
gA aka P$
pS
FYI I am looking at a significant move down as the NDX 1875, NQ 1890 level has now been breached.
But as day-traders and seasoned vets know. . .there are rallies on the way down - so it may take more than today to pop that much lower.
To me this is moderately exciting. Calling the market correction on 23-May-2008 just adds to this "swing" traders long list of accurate moves acted upon.
On-topic I am liking the Crystal "BALL" being pretty right most of the time. Since I swing-trade - and sell covered calls - I am not to occupied with intra-day trades, hence the boring posts.
But I can't expect to please everyone.p$
and so I'll put my own posts on ignore.gA aka P$
Quote from William Rennick:
Your long pryamid is now burried, you may want to switch to skyscraper formation. Maybe the rooftop anttanae will be above ground.
btw, the "Ball" nailed this mornings down move.
Rennick out
The base of the pyramid is at 1874.
Quote from William Rennick:
Your long pryamid is now burried, you may want to switch to skyscraper formation. Maybe the rooftop anttanae will be above ground.
btw, the "Ball" nailed this mornings down move.
Rennick out
Bill:
As I type this NDX is at 1881. The base of my pyramid is where you were last heard selling (at 1874).
What does your "ball" now think of my entry/pyramid?
PS: I think you should do like I do. Give you call of Long or Short at an EXACT minute.