The Surf Report

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

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  1. i am surprised. its very gracious of him. kudos to kerry !

    surfer
     
    #2841     Nov 3, 2004
  2. I would have more than expected that Kerry would set an example showing a little more dignity than Bush the first, dodging his way into gov on the legal way. But enough of that.

    surf, seeing that Bush is back in - How do you think about your crude short? Do you have any worries that the recent drop might have just been pre-elec profit taking retracement, and perhaps it might continue north now? I'm no big expert on crude, so I'm just asking what you personally think.

    Very impressive work by the way lately surf, and your Bush futures spec and crude oil was undeniably a solid trade. You must have closed October a pretty good month!

    Self, I'm glad that all the election hullaballoo is over and things are back to normal, and glad now that I held onto all those currency longs, AUD, CAD, GBP etc all gained over 100T/1K each today, just JPY isn't quite developing. Well apart from that, I'm bullish pretty much for the long run on anything against the greenback. :cool:

    Enjoy!
    S
     
    #2842     Nov 3, 2004
  3. Brandonf

    Brandonf Sponsor

    Crude is over..just my humble little opinion. Specs are too long, supply is not as bad as it was etc etc etc.

    Brandon
     
    #2843     Nov 3, 2004
  4. i am holding the OIL shorts here for a little longer just to see.


    nice trading in the currencies, scientist !


    surfer :) :)
     
    #2844     Nov 3, 2004
  5. surf, nice going, but you shouldn't agree with me, as this wasn't meant to be a recommendation, just a purely rhetorical question. If you have a plan and your trade is working out as it should, stick with it till you have a contrarian signal, i.e. perhaps don't exit your short until you think it's time for a long. Or whatever. I don't know your style or exit parameters, so truly, I just hope you do the right thing without taking any exterior input/opinion. Thanks for your thumbs up and peace,

    S
     
    #2845     Nov 3, 2004
  6. John8

    John8

    "From a longer-term perspective, the conditions seem ripe for a mania to develop in energy and commodity-related assets and in China-related investment plays."
    :confused:
     
    #2846     Nov 3, 2004
  7. True ... that would also mean short Japan and US as oil-dependent economies.
     
    #2847     Nov 3, 2004
  8. we are FLAT the DJIA --technical sell

    LONG nasdaq from 1973 upper channel break out

    SHORT OIL from 53.50

    see you thursday !

    surfer
     
    #2848     Nov 3, 2004

  9. hey john,

    welcome to the surf report. thanks for the info, however, as far as i am concerned it's old news. the mania in energy has already happened, gold has been in a nice uptrend since july, and china well you know.

    best wishes,

    surfer d.
     
    #2849     Nov 3, 2004
  10. i am entering position SHORT eur/usd here @ 1.2820.


    see attached chart.


    surfer
     
    #2850     Nov 3, 2004
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