I would have thought this thread ought to be suspended & re-instated once we all realise whether Surf was right or not. So far a beautiful bounce call, no doubt. Only time will tell whether he found a bottom (100 pts stop YM).
it amazes me how TRENDY being short has become.....all that money they printed will be used for fire in the white house fireplace. SHORT AT WILL.
exactly. one of the clues that i used was receiving several hedge fund solicitations that went out of their way to say we are experts in "shorting" over and over. they were very blatant and in your face kind of statements. i have never seen this previously and combined with other factors, clearly indicated a bottom was in. i use many tools and factors in making these macro calls--this was just one piece. surf
don't forget the now infamous crox short...which he called right before a parabolic melt up, which would have squeezed his balls harder than timothy sykes does.. to his credit he was 1-2 month to early on that one and we all know how that crox short ended...
'surfer "calls" an "historic bottom" (see initial post). Sushi states he "nails it". "Elite Traders" can factually say, thus far there is no evidence of this (yet). Don't believe me? Just look at a chart. Perhaps the first piece of the puzzle is in, as MS so eloquently stated above. <b>NO ONE KNOWS, so why make the call?</b> There is still no clarity. Where is leadership? It has yet to emerge. Perhaps it will soon, IF buyers continue to come into the market. Are you a psychic? Gainers are completely filled with lagging industry groups. So go figure and STILL lead the masses down the same old pitfalls. I encourage those to keep watching for leaders with top %-tile technicals and fundamentals, breaking out of sound bases in higher volume. It hasn't happened yet, in fact leaders are few and far between - but can emerge at any time. Nice call, but not enough (yet) to make for glowing congratulations. Marketsurfer, for now we are taking <b>purely "guesswork".</b> Pay$
Yeah....who would want to listen to a fund that primarily shorts. Those Long Only funds did great in 2009. If you are basing your "call" on that I wish you good luck. Surf, you are a nice guy, but your calls have been borderline horrific. What other tools do you use besides this, a quarter, and a dart board?
indeed amazing. and what surprises even more is the amount of amateurs criticizing surfer along the way. i dont know if it is envy or just plain stupidity. :eek: