The meltdown has begun.. .. we are currently close to plus 500 points in the short trade over the last 30 days. surf
Do you think surf knew the contract changed? I didn't see (or expect to) his degapping trade statement. I had a thread he started recently deleted. Maybe it was in there somewhere.
A call is a call, blotter or not, and right now marketsurfer's call is perfoming very well. Whether he traded it or not, paper or not, can't take away from the fact that he called the reversal within two days of the top.
surfy baby...I bust your balls when you're on the wrong side of the market...but this time I'm giving you the thumbs up
Thanks, but you have not seen ANYTHING yet. We have now have unrealized profits of 622 YM points plus the profits from the other short investments--- I fully expect 3000 plus points to be shaved off the DJIA from the highs at a minimum. Thanks again for reading. surf PS-- for you technical analysist--i call 14390 as the next level of major support. surf
Well, to be fair, marketsurfer, you perhaps undeservedly confer your PD's with a bit too much "edge" over TA. After all, your PD's were calling for a big rally in crude that got you inot a losing long position not once, but twice. It did rally more than $10, but only after it fell $8 first. This is perhaps why you attract such tenacious detractors - you seem at times to lack all humility, in spite of much publically available experience to support a reasonably modest and humble attitude toward the market. Everyone has losses, and were you to credit your losses (and limit them) as you do your gains, (which you nicely allow to run), you might find your audience more receptive to your ideas. Good call on the Dow short, by the way!