Thank you. I thought it was a valid question too. Again, I appreciate your forthrightness and honesty.
MONDAY 8/14 1:14 pm Dow+97 After gazing into the mighty "Chrystal Ball" an excited Rennick bull rushes the podium nearly knocking over the microphone. "Attention all, with the Averages still near the highs of the day, the mighty sphere is calling for WEAK Market action with a Down-Trend this afternoon. We are officilly on full REVERSAL watch" Rennick will now retreat to the Situation Bunker located deep in the bowels of Rennick Manor to monitor developements. The Amazing Rennick has spoken ps. women and children first!
Ummm...pretty nice. I wonder if this guy is using some variation of a ST VIX methodology. Mine gave a sell after lunch-actually around 12:45. LT VIX was at support also and due for a bounce. Had a gap to fill too around 14.40 from this AM.
3:07 Update Dow is up all of 4.46 points. Keep sliding Baaabeeee!! http://wavsource.com/snds_2006-07-28_735608601940128/sports/down_goes_frazier_x.wav
you may just be relaying the 'balls' reading, but that was the best friggen forecast ever. long live the 'ball', long live rennick rod
Rennick, You are real frigging funny . I will now add your journal to my 'to read list' for your excellent calls and humor
I just received an email stating that there will not be a "Chrystal Ball" reading tomorrow ( Tuesday )afternoon. The "Chrystal Ball" says he'll be en route and unable to carry his laptop on board due to new restrictions, so he's not taking it. Damned towel wrappers are costing me money. Well I guess that's my que to get a tee time to go golfing Tuesday. Rennick out
did anyone trade today's strong opening? i took the chrystal balls strong morning call, got in with the dow up 75 and held til the close. it turned out to be a solid trade. i was tempted to let it ride overnite but chickened out 5 min before the close and hit the sell button.