The Surf Report--part 2

"We"??

As in sex, are you counting both your left and right hands?

 

We are continuing to ride this solid wave lower after catching the top. The S&P is almost gauranteed to slide to sub 1300 in the not so distant future. Looks like the system finally nailed the BIG ONE.

holding shorts.

surf

 

Thanks--- I wish I could trade in the past, but all I have is my analysis to project the future. I take this business very seriously and understand that paitence is one key to success.

 

I understand your confusion. I think when smurf says "we" he's referring to his belly as well.

 

lol !

There is always a laugh a day on this thread.

 

Continuing to hold short-- the downside may have just begun.

I am betting on it.


surf

 

catch anything fishing yesterday?

 

I was concerned with this May expiration that we may get a pop to the upside as SPX expires thursday/friday.

And after reading today's 1 liner by smurf, now i'm sure the bias is to the upside into expiration.

smurf--tell us when you get LONG the market, and please quit posting the same 1 liner over and over -- "holding short". Didn't you learn anything from watching gold go from 700 to 1400 while you stated every day, "continuing to hold gold short".

 

I don't mean to be facetious, but I can't understand why you won't play the ranges? There have been ample opportunities to go both short and long over the course of your journal, but you seem to be intent on fighting the market?

Will you hold your shorts all the way up to 1400?

 

Because I don't live in the past. Only charts and hindsight enable the "range" statements. I live in the now and like it this way.

surf