The Surf Report

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

 

we are short the DJIA from channel break.

surfer

 

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

 

holding djia shorts here.


surfer :eek:

 

riding an adverse excursion wave in the DJIA here. staying short into wednesday.

surfer

 

Good luck Surfy. Could be a bumpy ride!

 

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

surfy d

 

Surf,

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


Bert

 

surfer

 

You are not allowed to front-run me.