The latest surf report thread was closed but my short fade from on march 20 is still active: https://www.elitetrader.com/et/threads/surf-report.306890/page-133#post-4427303 "We have initiated a new long position in the DOW cash 20916" This fade is currently showing a profit of over $57,000 USD (size is $50 a point) Now if the MarketSurfer had just gone long instead of short YM, he would have made his 1000+ pips I think i will hold this one for a $100K profit.
Well... I wouldn't go that far. I was just giving Surf a shout-out. His initial short call on SHAK was right where its at now if I recall correctly. And the ONVO long call, which I actually follow that company now.... was not all that good. Its down over 30%. And 30% is 30% even on a penny stock. Just keepin' it true Mr TrueType.
Where is the post that shows the exact short entry for SHAK? There was none made this year that i am aware of, only some vague posts that SHAK is a good short play. SHAK has been stuck in a trading range between 40 and 30 for the last 18 months anyway.
That post is no good as no entry price was given. eg Here is his exact call to short Capital One, gives an exact entry price: https://www.elitetrader.com/et/threads/marketsurfer-says-short-capitalone.309311/ There was no similar exact call in SHAK as far as i recall, just several opinion posts that SHAK was going to go down alot.
Entering first short in SHAK at $67.09 #29 Apr 27, 2015 Entering second entry into shorts at $74.41 #59 May 5, 2015 This is our third entry short @ 78.07 per share into SHAK--- the words of the profits are written on the wall #81 May 6, 2015 Yes, the final short went off at $76.00. no more arrows in the quiver, trusting the Price Drivers here. #117 May 14, 2015