the nasdaq approached the upper channel figure today by 5 points but was rejected back down into the channel. if you are not already long, stay flat here in the neogann channel. looking forward to thursday ! ps. for all of you who have emailed me regarding marketsurfer capital strategies, please be advised that the fund is currently closed to new partners/ capital. another fund utilizing similar principles on a larger scale will be launched shortly-- INTRENDX. i will advise when the party commences.
this just out of surf's rumour mill----- word up--- there may be very very bad news from a california based company today or friday-- regarding regulatory / tax issues. sorry, i don't have any specifics. remember, this is an unsubstaniated rumour that was passed along to me, take it as such. best, surf
******* David-Market surfer & Hunter family; Volume was a bit light; but short week and not enough to sell longs on. Assuming a close within 1% of prices now, these moves compare better than May 1999, that is monthly open to close. Actually this uptrend, May 2003,is notably better than May1999 in many leaders . opening price to close ; DIA SPY QQQ EP DYN YHOO CSCO ******* Star wars trend ''The stars in thier courses [spheres] fought'
system longs doing nicely on the way the DJIA 9000. yesterday's technically inspired selling was short lived. holding nasdaq and djia longs over the weekend. best, surfer