The Surf Report

Discussion in 'Journals' started by marketsurfer, Apr 25, 2002.

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  1. greetings,

    we are issuing a severe wave warning for the DJIA starting this monday. the index is currently at a critical time price juncture as of the close today ( friday ). we are presently FLAT the DJIA-- the channel is 10477--10353. long above, short below, flat in the middle. i am not going to reveal my bias at this time and will simply trade or not trade mechanically based on the chanel system.


    enjoy the weekend ;)

    surfer:)
     
    #2251     Jun 25, 2004
  2. we are short the DJIA from channel break.

    surfer :)
     
    #2252     Jun 28, 2004
  3. i am feeling bearish---- there was an increase in the leverage bull funds yesterday despite the down day--- this is a classic contraian indicator. holding shorts.


    surfer
     
    #2253     Jun 29, 2004
  4. holding djia shorts here.


    surfer :eek:
     
    #2254     Jun 29, 2004
  5. riding an adverse excursion wave in the DJIA here. staying short into wednesday.

    surfer
     
    #2255     Jun 29, 2004
  6. Good luck Surfy. Could be a bumpy ride!
     
    #2256     Jun 29, 2004

  7. thanks ! i am wearing the "heavy weather" surfer gear for this trade.

    surfy d :D
     
    #2257     Jun 29, 2004
  8. u130747

    u130747

    Surf,

    I am with you. I just sold some more QQQ calls in the money. Just waiting for the drop.


    Bert:D
     
    #2258     Jun 29, 2004


  9. :cool:


    surfer :)
     
    #2259     Jun 30, 2004
  10. omcate

    omcate

    You are not allowed to front-run me.:mad: :mad: :mad:

    :D :p :cool:
     
    #2260     Jun 30, 2004
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