The Chronicles of Rennick

Discussion in 'Journals' started by William Rennick, Mar 8, 2006.

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  1. He revealed it once, here it is closingtrend.com. Sorry Rennick, unless you are Rich it's his Crystal Ball. I have a good memory.
     
    #111     Aug 7, 2006
  2. i use the ball and this morning call was for a weak session. i should know because i made some money.
     
    #112     Aug 7, 2006

  3. I have recently started to trade the ER2 because it seems "smoother" than the ES and equities and, as you said, it has big moves at times. Do you find the ER2 less "noisy"?
     
    #113     Aug 7, 2006
  4. Magna

    Magna Administrator

    Some of you may have missed this since it was posted to the journal a long time back (about 2 weeks ago). In any case I'll repost:

    If you are that interested in black-box services the links are scattered about, beyond that you will need to do your own Due Diligence.
     
    #114     Aug 7, 2006
  5. Sorry just trying to help a fellow trader, not trying to cause any trouble.

    Dan
     
    #115     Aug 8, 2006
  6. Bill,
    I've got a couple of questions regarding the "Ball" we are useing.
    Do you use it on EVENT days like today? This mornings call was for Flat action which so far has been right on. My question is do you think todays neutral reading is the result of the so called smart money standing on the sidelines in front of the FOMC.. Thanks for everything,,BTW I'm doing very nicely..so far.


    MS
     
    #116     Aug 8, 2006
  7. TUES. 8-8 1:25 Dow +26

    I'll keep it short and sweet as I, as a rule, do not trade on "event days", way too much uncertainty. And now today's forecast... The "Chrystal Ball" which nailed this mornings session by calling for FLAT Market action has now turned negative and is calling for a WEAK afternoon session.
    I would like to emphesize that the "Chrystal Ball" does not reccommend trading in front of, or on major event days. Like I said from learning the hard way, I totally agree with this. Having said that, the "Ball" in my experience has a very good record of predicting post FOMC Market action. For those who have the stones to trade today
    I say, GOOD LUCK.

    Rennick out :cool:
     
    #117     Aug 8, 2006
  8. lovin that "chyrstel ball" all the way to the bank :D
     
    #118     Aug 8, 2006

  9. A review, the "BALL" called for a FLAT morning, and for a WEAK afternoon. Click the link below to see how it did.:cool:
     
    #119     Aug 8, 2006
  10. Rennick-are u using Schlegel's data/service? Just curious...Thx.

    If so,shouldn't he be getting credit for it ??
     
    #120     Aug 9, 2006
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