The Surf Report

once again the DJIA approached the upper channel line and was rejected back into the channel. the more times this happens, we look at it as more confirmation of the validity of the channel. The Djia is moving VERY tightly here and we are locked and loaded for entry.
stay tuned

 

remaining flat in death channels.

 

longs triggered in DJIA. we entered and were stopped out at even. awaiting next potential entry.

surfer

 

WOW ! the DJIA exploded up off of the entry--stopping( failing) within 2 points of the upper channel line. we are locked and loaded for the next attempt.
awaiting,


DO NOT go long here untill the line breaks. this is CRITICALl,

 

Well, it's a bull market, you know...(Livermore).

 

finally ! after 3 failed attempts at entry today, we finally caught the nice wave up in the DJIA. LONG DJIA from 10427, LONG nasdaq 2057.

 

Hi, was just curious what you're using to trade the NAZ.

Thanks.

 

hi,


i trade the qqq and nq. just recently got back into trading nasdaq, specialized in it for several years.

best,

surfer

 

Surf, interesting read for what it's worth.

http://www.gloomboomdoom.com/marketcoms/indexmarketcoms.htm

 

no doubt, good reading ! thanks for the suggestion. i like this guy's style.

very interesting---- when i first saw it, i thought it was from the guy on CNBC...isn't there a CNBC commentator named marc faber?



surfer