The Chronicles of Rennick

MON. 9/2 1:25pm Dow+34

Today finds the Amazing Rennick located in the secure trading bunker’s Situation Room. He is again using every trading tool in his arsenal to assist in today’s Market action. Back from their successful execution of last Fridays late sell-off and assisting with today’s Market session, is the powerful Kodiak Bear, mystical Egyptian Pyramid, and sinister Darth Maul. This terrible trio is also known as Rennick’s Market Poison, guaranteed to add some extra downside to any weak “Crystal Ball” call. Rennicks awaits a call on the Red Hotline phone from Mrs.Rennick who is conducting todays “Ball” reading. The phone rings, a curious Rennick picks up the secure hard line and listens carefully... gives it a “Roger that” and hangs up. He pushes the button on the squawk box and will now speak:

“The” Crystal Ball” is NEGATIVE calling for WEAK market action this afternoon. I shall now activate Rennick’s Market Poison to assist with today’s forecasted down-trend. For all you home gamers out there in cyber-land , you too can assist with today’s sell-off. Simply obtain a shaker of salt and gently knock it over whenever the Market tries to rally this afternoon. If everyone cooperates we should see a sell-off that will knock your Aunt Connies socks off”

The Market moving Amazing One nows puts the trading bunker under full lock down. There he will wait for Rennicks Market poison and an army of salt shaker flipping ET Traders to roil the Market.


“Dan Dorfman” Rennick out

ps.the actual level of the day at 1:49 pm EDT when I finally finished this thread and posted was -2 pts. The Market already started selling off hard going to lows of the day while the post was being written.

 

Thanks Rennick.

 

For the record, I activated Rennick's Market Poison five(5) minutes before the sell-off hit. Keep knocking over those salt shakers fellas.

Rennick out

 

Do you have any extra you could share?

I want to enter some short positions tomorrow.

Thanks.

 

We had to wait on the morning call to finally payoff, but payoff it did indeed. Keep up the great improv Bill, the way you dovetail it into the "Balls" calls is priceless.

MS

 

gramps,
i dont know what to say, your stuff keeps getting better. i got a feeling that most of the stuff in your posts aint schtick. i bet your really have a trading bunker, situation toom, squawk box, and good luck charms to make the market go your way. and mrs. rennick probably really is hot and goes after you with a frying pan when you screw up. like our dear friend thorn would say,"gold (gramps), pure gold"

 

End of Day Summary

The mighty "Crystal Ball" nails another one as sharp down-trend reverses early gains.

 

TUES. 10/3 1:25pm EDT Dow +61

Sorry guys, no color commentary today as I'm running late for a meeting. Here's the call,

The mighty"Chrystal Ball" has had a rough morning and is now calling for continued "STRONG" Market action this afternoon. Look for a 2:25-2:45 pm countertrend peak to enter any long positions"

Good luck,

Rennick out

 

WED. 9/4 1:20pm Dow+46

I'm due for another meeting so I again have to keep the message short, here's what the "Chrystal Ball" is saying:
The strong morning "Ball" call was right on, and it has now turned NEUTRAL calling for FLAT Market action this afternoon. Expect the Averages to roughly maintain current levels

That's all folks...good luck.

Rennick out

 

THURS. 10/5 1:20pm Dow -2

Another day of meetings so it's another short message. Here's the call:

The reading of the mighty "Chrystal Ball" remains unchanged since the opening and is currently NEUTRAL calling for FLAT Market action this afternoon. Expect the Averages to roughly maintain current levels. Let's hope she stays flat instead of yesterday when it appeared to be on viagra in the afternoon.

Rennick out