The Surf Report--part 2

Took profits at 1305 "pre set" stop level.

SHORT 1306 ---6 contracts september ES


surf

 

as markets are anticipatory mechanisms, the pop higher should be nearly over--although there may be some carry thru=== i am comfortable being short here. will add if needed on further upside

 

Hi marketsurfer. Can you please answer the question posted above. I am interested in the answer too as the open price was 1306. Thank you!

 

the stop was held on my system, and not placed into the market. the position was closed at 1305.

Presently holding 6 short ES sept @ 1306 for additional downside to come

very confident that this will be another solid winner.

surf

 

as projected the sell off has begun. About 14 points profits thus far on trade. holding short.

 

go surf go

 

thanks. my mistake was bailing on the spike up with the large position-- - otherwise, timing has been quite good, I am still expecting a huge sell off to come--- dwarfing what has been witnessed--- it's guaranteed to happen.

surf

 

nope, i am spending the profits

 

I doubt this is a low, but nice trade so far....

surf

 

Of course not, nothing has changed--the 16 month top is in at 1373-- we have literally 100's of points to go on the downside.

all fixed system traders trying to catch the little bounces will get wasted. it will be a vulgar display of power on the downside-- yet to come.

Sub 1000 in 12 months

surf