Bulls are stomping forward. What will they do when a"whispered" 50 basis point Fed increase actually comes about sooner rather than later.
10633 is the upper channel line. the djia poked above it for a second then dropped back. awaiting breakage by system parameters to enter LONG.
Surf, I've been reading your calls. I got to tell you I think you need to take a month off to clear the head. Trust me when I tell you that it does magic. Right now the way your system has you going it will get you long right in time for a wicked pullback. Sometimes it is best to step aside and let it do whatever. In surfing terms when you try to catch a wave and miss it and then try again and miss it is best to paddle out get on the beach and compose yourself. Nobody is counting but the all mighty and the IRS it takes a big man to step away!
wow, the djia broke out of the upper channel line and we are LONG here. i am following the system, but can't say i am not a bit nervous being long at this time. long entering tuesday.
SURF ALERT: welcome back everyone and happy new year! we are SHORTING GOOG here @ 430. first traunch. best wishes, surfer
Expect a visit from Stock777 any time now calling your trading skill in to question. It won't make a difference if you profit from the trade or not, its enough that you had the temerity to short goog. The thing about Goog though is that there are so many synergies that it has going for it with all its various products. I used their Earth tool to follow the Sydney Hobart race in real time for free, pretty remarkable. Good luck, I think that with the right set up Goog offers up a number of nice short opportunities regardless though I have to tip my hat to those that bought and held a few hundred ago.
Waxed up and reacy for some surf baby! Looking forward to 06 , gonna be a great ride................. Woodsurfish
goodmorning, Short entry #2 GOOG ( of three planned if needed) @ 443--- average cost 436.50. holding here. best, surfer