The Surf Report

surf, nice job; looks like you got out just in time. what made you exit when you did?

also, where did you enter this trade?

thx

FRuiTY

 

thanks everyone for the accolades. fruity, i entered the DJIA and nasdaq trade on 4.8.03 at 8280 and 1380 respectively--- a real long term hold for me--almost 3 months.

i am currently short the DJIA. i did not expect the lower channel figure to break today, but it did. stops at 9027.

best,

surfer

 

wonder if this is what "the source" was talking about ?? sure fits the parameters but one day late.

http://cbs.marketwatch.com/news/default.asp?siteid=mktw


enjoy !!!!!!!!

 

Congrats on the winning "long term" trade.

I think we can now "factor out" the post war rally premium.

Looking forward to getting back to watching you trade the wheel.

Love the wheel.

 

i am moving up the stops in the index shorts to breakeven at this time. holding here.

best,

surf

 

closing shorts here, back in channel. will trade off channel.

best,

surfer

 

back short in nas and dow. holding short here.

surfer

 

It seems so many folks were expecting a pull back they met it with waiting cash.You know,the dow in the 8000's and the NAZ at 1600 is just over sold correction and we haven't seen real momentum yet like 2000.

 

hi,

yes, i agree. flat currently in channel. i have 3 more tries at lower figure to short, before number invalidates.

take it easy !

 

hi pete,

yes, i agree. back flat here in channel. giving it 3 more tries at lower figure to short before number invalidates.

take it easy !