Surf's Special Situation Journal

Surf Alert, Surf Alert, Surf Alert

The Price Drivers have all shifted BEARISH in the DJIA! This is unexpected and a radical change--- we have dumped the YM position at 13940 booking 651 points of profit since 2013 on the trade. Flat the YM here--- awaiting next signal.

surf

 

Guess not.

 

Why? I prefer to take the profits now rather than ride the down wave prior to the 1000 points that is being signalled here by the Price Drivers.

If you want to keep holding long here, I can't support your decision as you are not aligned with the Drivers.

surf

 

This was a great trade. Congratulations!

And I think you are right about the increasingly bearish situation. However, my price drivers are maybe a little different from yours. ;-)

 

Thanks, I'm still über bullish, just not short term here. Thought it best to protect profits as the Drivers have turned bearish short term. 1000 points from the original call will still happen, just not without a selloff first. Surf.

 

Good job...but I guess you're gona have to settle for a Jag

 

Thanks! Got one of those. Still trying for the GT by 2014.

 

I've been in and out dozens of times since you've been in. Don't worry, I'm not holding long. I'm holding whichever direction gives me a signal and never overnight. I sleep much better this way

 

Nice trading Surf. My suggestion would be to only enter (initially with caution) above 14000. 14k is a major round number hence the stall if it were not obvious for all to see.
Anyhow, congrats for the nice trading.

 

Thanks!