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View Full Version : Friday, Dec.16. 12:00 high noon. Market action will be WEAK


William Rennick
12-16-2005, 01:17 PM
My timing advisor has gotten alot of requests to do a 12 pm EST update instead of 2 pm EST, so today is the first day of the new change He's calling for WEAK market action with a tradable downtrend expected. I have a rule to never trade on options expiration day. So I'll sit this one out and check at 4 pm to see what happened. The Dow is up 36 as I write this.

aj14
12-16-2005, 01:28 PM
My timing advisor has gotten alot of requests to do a 12 pm EST update instead of 2 pm EST, so today is the first day of the new change He's calling for WEAK market action with a tradable downtrend expected. I have a rule to never trade on options expiration day. So I'll sit this one out and check at 4 pm to see what happened. The Dow is up 36 as I write this.

I'm just curious about something. You always quote the Dow prediction, but then you go ahead and trade the Q's. Why is that?

William Rennick
12-16-2005, 01:50 PM
You know thats funny, I asked that very question. The prediction applies to all the equity averages for the US markets.

jacobnbr1
12-16-2005, 01:54 PM
You know thats funny, I asked that very question. The prediction applies to all the equity averages for the US markets.

yea! it is pretty clear when the dow broke the 10906 low it would only go lower. and the sky will get dark after 5:pm eastern time..

aj14
12-16-2005, 01:56 PM
My timing advisor has gotten alot of requests to do a 12 pm EST update instead of 2 pm EST, so today is the first day of the new change He's calling for WEAK market action with a tradable downtrend expected. I have a rule to never trade on options expiration day. So I'll sit this one out and check at 4 pm to see what happened. The Dow is up 36 as I write this.

I'm just curious about something. You always quote the Dow prediction, but then you go ahead and trade the Q's. Why is that?

aj14
12-16-2005, 02:00 PM
You know thats funny, I asked that very question.

huh???

Luc1Grunt
12-16-2005, 02:03 PM
Good God man.....post this to a single thread and update it daily, not these constant posts on new threads.

I think you are just trying to get jacob's tidy whities in a bind!

William Rennick
12-16-2005, 02:11 PM
Hey Jacob,Pres. Reagen, you know the Gipper, had a good saying. I'll use it here," Jacob there you go again". You mentioned the 10906 level, I'm sorry why don't you share that one with the group. Is that some magic level that youre keeping to yourself. Cramers got a good saying, "tips are for waiters", well I 've got one too, " levels are for carpenters".
HOOOWAAA (shouted like Al Pacino in Scent of a woman). At the half the score is William 1 and Jacob 0. I'm so jazzed I'm going to put on some Rick James and do the running man. 8)

William Rennick
12-16-2005, 02:15 PM
Thanks LUC, I'll do that

jacobnbr1
12-16-2005, 02:27 PM
Hey Jacob,Pres. Reagen, you know the Gipper, had a good saying. I'll use it here," Jacob there you go again". You mentioned the 10906 level, I'm sorry why don't you share that one with the group. Is that some magic level that youre keeping to yourself. Cramers got a good saying, "tips are for waiters", well I 've got one too, " levels are for carpenters".
HOOOWAAA (shouted like Al Pacino in Scent of a woman). At the half the score is William 1 and Jacob 0. I'm so jazzed I'm going to put on some Rick James and do the running man. 8)

is that not what you are giving? a tip? you know? the market will trade down today?( thats 1 point for me gipper) 10906 just happens to be the open low. common dumb scense says when breached it will go lower or bounce.

i told you once before i dont care where the market goes.
now if you can tell me where the market will close a week from now, we have the holy grail.

aj14
12-16-2005, 02:38 PM
So, that settles it.
William agrees that there is no market "guru" and that he is acting as a tipster.
In fact he agrees that he has never traded on his guesses about where the marktet will go, and has never traded an option is his life.
William also agrees to post his guesses about the market on a single site (not on the internet) as it is unanimously agreed that no-one cares what his guess is in any event as we are all long term traders.
Does that cover it all folks?


P.S.
My guess is that the market will close promptly a four p.m. today.....

jacobnbr1
12-16-2005, 02:54 PM
i object to that closing time! i have checked the market day after day and appears to close 1mila second after 4:00 :D i think it might be a human delay of pushing the button :lol:

aj14
12-16-2005, 03:07 PM
I think Mr Rennick pushes the button, and we have discovered that he is not too quick on the draw.... :lol:

Luc1Grunt
12-16-2005, 03:11 PM
Thanks AJ for making assumptions. "We are all long term traders"?

Gandalf has a spot and an angle. Should be on one post......but who runs this site?

Again thanks for speaking on "our" behalf. Wrong as hell, but thanks.

William Rennick
12-16-2005, 03:41 PM
Everytime I make a good call you guys get mad, is that why your here to get mad when someone else makes money. HOOOOOOOWAAAAAAAAA.
At the beginning of the second half its, William 2, Jacob and aj 0.

I now have James Brown on, and I'm Moonwalking, then busting back into the Running man.

aj14
12-16-2005, 03:48 PM
Thanks AJ for making assumptions. "We are all long term traders"?

Gandalf has a spot and an angle. Should be on one post......but who runs this site?

Again thanks for speaking on "our" behalf. Wrong as hell, but thanks.

I'm gonna cry. I didn't realize everyone here was so professional. I think this isn't the place for a rookie like me. Bye.

William Rennick
12-16-2005, 03:59 PM
Don't worry guys aj will be back after jacob wipes his tears and tells him everything is going to be o.k.. what a wuss,,jees

Luc1Grunt
12-16-2005, 04:06 PM
Sometimes this forum is more sensitive than a group of pre-schoolers in a meat packing plant.

jacobnbr1
12-16-2005, 04:23 PM
Don't worry guys aj will be back after jacob wipes his tears and tells him everything is going to be o.k.. what a wuss,,jees

at least i don't have to pay money for investing insights. what a foolish call.

the_menace
12-16-2005, 04:26 PM
Don't worry guys aj will be back after jacob wipes his tears and tells him everything is going to be o.k.. what a wuss,,jees

At least he's not pretending that "he knows it all". :roll:

William Rennick
12-16-2005, 04:28 PM
Well Jacob if you can't afford it I'd be more than happy to buy you a membership with all the winnings I've made using his service.

jacobnbr1
12-16-2005, 04:30 PM
Well Jacob if you can't afford it I'd be more than happy to buy you a membership with all the winnings I've made using his service.

no thanks. i can afford it if it was worth it.

Luc1Grunt
12-16-2005, 04:36 PM
This whole post makes me laugh.....out loud!!! I'm glad it's Christmas. Joy to all!

aj14
12-16-2005, 04:48 PM
This whole post makes me laugh.....out loud!!! I'm glad it's Christmas. Joy to all!

It's not funny. We are short a lot of stock today and made a lot of money, and it turns out that we didn't know what we were doing. How are we ever going to be abvle to explain this?
I should have listened to the people here and not been in the market when i didn't know what i was doing.

Luc1Grunt
12-16-2005, 04:56 PM
It's not funny. IT IS FUNNY!

We are short a lot of stock today and made a lot of money, MERRY CHRISTMAS

and it turns out that we didn't know what we were doing. JOY TO ALL!



How are we ever going to be abvle to explain this? IT'S STILL FUNNY

I should have listened to the people here and not been in the market when i didn't know what i was doing. MERRY CHRISTMAS AND JOY TO ALL!

aj14
12-16-2005, 04:59 PM
It's not funny. IT IS FUNNY!

We are short a lot of stock today and made a lot of money, MERRY CHRISTMAS

and it turns out that we didn't know what we were doing. JOY TO ALL!



How are we ever going to be abvle to explain this? IT'S STILL FUNNY

I should have listened to the people here and not been in the market when i didn't know what i was doing. MERRY CHRISTMAS AND JOY TO ALL!

MERRY CHRISTMAS TO YOU TOO!

; ~ )

Luc1Grunt
12-16-2005, 05:04 PM
It's (almost) ALL about the money. Different techniques, different styles, different goals. Man, it's all good. Sometimes I learn from the guy I initially wanted to punch in the head.

Merry Christmas to ALL!

jacobnbr1
12-16-2005, 05:27 PM
It's (almost) ALL about the money. Different techniques, different styles, different goals. Man, it's all good. Sometimes I learn from the guy I initially wanted to punch in the head.

Merry Christmas to ALL!

not me... everytime i listen to somone i gets burned. i use me own judgements for me own plays. the only other plays here i would play are from pietistic or booyahoo's small caps.

Luc1Grunt
12-16-2005, 05:34 PM
Well, I said "learn", not follow. I hope folks are strong enough to make their own decisions......if not: Nice little sheepy, want some grain? Wolves are fat.

jacobnbr1
12-16-2005, 11:39 PM
Well, I said "learn", not follow. I hope folks are strong enough to make their own decisions......if not: Nice little sheepy, want some grain? Wolves are fat.
:lol: :lol: roflmao!