The Surf Report--part 2

We are continuing to hold the ES shorts-- sub 1200 is likely when the next fund unwinds for survival. Price drivers still indicating extreme negativity, but we will close trade to lock in profits as soon as the drivers indicate a more than trivial bear market rally will occur---

surf


PS read larry williams on the COT for preliminary background on this tactic. if you have interest in understanding how markets really work in the realworld trading.

 

Approaching 80k reads in a few short months---- thanks everyone for following along---

 

`nuff said.....

 

You can get Old Milwaukee on tap, now that is interesting!

 

So you do use COT reports....damn I'm good.

 

1210.25 is critical here

breaks and 1200 is on tap.

surf

 

Yes...and man is good.....................well.....maybe not. Cactus in Chicago used to have pitcher specials on it. We would go there after the close and get obliterated with the rest of the CME,CBOT,CBOE and other traders out there. Only problem is the hangovers from drinking Old Mil were beyond brutal. But when I was younger could withstand them....not so much anymore.

 

I am long at 1210.50.

 

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for annaland

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Sorry...We are long at 1210.50