Surf Report

In the face of persistence of the current uptrend, I am still expecting a sell-off first rather than a breakout and continuation of the uptrend, which certainly can resume after the sell off takes place. Counter-trend signal still valid.

 

CRITICAL-- surfers and surfettes,

if you own AMD SELL--the top is in, confirmed confirmed.

 

My Price Driver model says we are in a bull market...but not working atm...so have to give Surf some credit for his short trade.

 

We are in a bull market--- Gonna take a bigger plunge than I am projecting for that to change!

 

Dude, you should cover YM now for a 200 pt profit.

YM filled the gap in its chart yesterday and is now taking off higher again.

Cover now while you still have large profits.

 

Gotta admit if I had been short (and I wouldn't have been because its a shit trade) I would be covering here. Daily ranges have been compressed and we could easily rip up today.

 

There is nothing to cover, that would require an actual position.

 

I dont think it will rip up before NFP.
But today is still a good day to take profits.

 

So whatever happened to holding until 20?

But I applaud you, it is better to take profits now then holding for too long, although your top calling was 8 days late, you know at 15+....

 

Why didn't you tell us at the time, eight days ago?