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volente_00
 

Registered: Nov 2002
Posts: 13710

 

11-02-06 01:19 PM

perhaps the ball service seller is using it for front running as he issues it after he is already in a index position and gets out on the small move it creates.

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ETUserisme
 

Registered: Oct 2005
Posts: 81

 

11-02-06 01:20 PM

Specifically, if you look at the timing of Rennick's posts, if directional, then more often than not, the market has a little burst in the direction of the prediction.

So, say the ball says down. Rennick could go short on the ES and immediately places a BTC say 1.5 points lower, then he issues his post and goes to the golf course. A number of people act on his post, the market reacts a little and when R gets home...

Not saying he does it. Just wondering. Or do you think that he issues the Ball's predictions from the natural goodness of his heart? I really would like people's opinions.

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ETUserisme
 

Registered: Oct 2005
Posts: 81

 

11-02-06 01:25 PM

Volente_00

Undoubtedly.

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austinp
 

Registered: Apr 2006
Posts: 3079

 

11-02-06 01:57 PM

Goodness of his heart, no question

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ETUserisme
 

Registered: Oct 2005
Posts: 81

 

11-02-06 02:09 PM

You will know that pit traders and market makers subscribe to a number of market gurus and figure out ways to take both sides of the predictions. Do you/anyone anyone think the principal of Rennick's ball is one to which they subscribe?

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William Rennick
 

Registered: Dec 2005
Posts: 3423

 

11-02-06 02:47 PM


Quote from ETUserisme:

Specifically, if you look at the timing of Rennick's posts, if directional, then more often than not, the market has a little burst in the direction of the prediction.

So, say the ball says down. Rennick could go short on the ES and immediately places a BTC say 1.5 points lower, then he issues his post and goes to the golf course. A number of people act on his post, the market reacts a little and when R gets home...

Not saying he does it. Just wondering. Or do you think that he issues the Ball's predictions from the natural goodness of his heart? I really would like people's opinions.



MOOOHAHAHAHAHHAHAHHAHAH,, I CAN BE VERY EVIL,,MOHAHAHAHAHA...INDEED I SHALL ONE DAY RULE THE WORLD!!!

THE ANTI-RENNICK OUT

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