Urgent Message From Rennick

Quote from William Rennick:

WED. 8/27 9:45 am dow-5


Once again the mighty "Ball" remains NEUTRAL calling for further FLAT Market action until at least high noon.

TIME TO RELAX FELLAS, THE SMART MONEY IS STILL ON HOLD...

Rennick out:cool:
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Nailed another one....**yawn** this market...
 
Quote from William Rennick:

WED. 8/27 9:45 am dow-5


Once again the mighty "Ball" remains NEUTRAL calling for further FLAT Market action until at least high noon.

TIME TO RELAX FELLAS, THE SMART MONEY IS STILL ON HOLD...

Rennick out:cool:
More...
At 12:00:00pm, the Dow was at +51, which means it moved +56 since your call. The Dow was at 11408 at the time of your call, so 56/11408 = a 0.49% move. Just on the border, but still a correct call!

Neutral calls:
3 correct, net gain/loss: +93
0 incorrect

Strong calls:
0 correct
0 incorrect

Weak calls:
0 correct
0 incorrect
 
Quote from contrary:

At 12:00:00pm, the Dow was at +51, which means it moved +56 since your call. The Dow was at 11408 at the time of your call, so 56/11408 = a 0.49% move. Just on the border, but still a correct call!
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So both "neutral" and "strong action" were winners here! Wow a 2/3 chance of success :eek:
 
I don't know how you look at a chart of today's action and say that it's flat?
Also, why are you giving him a gain/loss on a neutral call? Even if he didn't close the trade out at the end of the day and you go off of his last positive/negative position his last pos/neg call was a negative call.
 
Quote from trade8008:

I don't know how you look at a chart of today's action and say that it's flat?
Also, why are you giving him a gain/loss on a neutral call? Even if he didn't close the trade out at the end of the day and you go off of his last positive/negative position his last pos/neg call was a negative call.
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Contrary is guaging the action up until 12 pm New York time, the Averages rallied after that on what appears to be Treasury rumors. As far as the last directional call was last week Friday PM. These are intraday day calls which are sometimes good for the next opening, barring no major data being released.

Edit: Correction, the last directional call was made Monday AM with the dow -83 points when the call was made. The dow finished that morning session -200 plus points.
 
I know that he uses 12 as an endpoint but so was I. Between 10-10:45 there was almost a 100 point move!

And your last pos/neg call was a neg call made monday morning. page 339
 
Quote from trade8008:

I don't know how you look at a chart of today's action and say that it's flat?
Also, why are you giving him a gain/loss on a neutral call? Even if he didn't close the trade out at the end of the day and you go off of his last positive/negative position his last pos/neg call was a negative call.
More...
In my opinion, it doesn't really matter how the Neutral calls fare, because they are telling you not to trade, and if you don't trade, you don't lose. But there are a lot of bitchers here who want stats on the Neutrals, so we'll tally those too. I'm interested in seeing how the Strong and Weak calls fare.
 
good job beansie, you are beginning to use predetermined criteria in a consistent manner. Only then can it - over time - be properly evaluated.

It also mutes the "feeling" of need to heed to every whim or "reason" that comes along - like. . ."I don't get how..."

pay$

So you won't fill in the goose eggs. . .well in a short while the track record for right/wrong short/long calls will again become clear.

But for now WE ARE CELEBRATING (all you haters) WHOOHOOO (w/ sarcasm) that William is AMAZING and has a 100% track record, lol. But (he-he) that will probably (again, with sarcasm. . .because I know how short-term minded traders like to think) come down some, lol!!!!!!!

Uh, yeah ya think?!?
 
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