The Surf Report

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

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  1. getting crunched in dollar longs. took hit, then re-entered long dollar on retracement signals and took 2nd hit in currency. Flat here.

    our DJIA and SPY longs are performing perfectly with nice profits--- continuing to hold here with wide stops to protect profits.

    getting close to entering several individual stocks--- stay tuned....

    best,

    surfer:)
     
    #3311     Mar 15, 2006
  2. uh? wide stops to protect profits?

    thats a new 1 to me.
     
    #3312     Mar 15, 2006
  3. our earlier long index entries @ 109.83 DIA and 127.95 SPY respectively are profiting nicely at this time. wide stops in place to protect profits, holding here. the future looks bright, but maintaining healthy skepticism.....

    best,

    surfer
     
    #3313     Mar 17, 2006
  4. Pekelo

    Pekelo

    Surf, you might want to use very tight stop losses. I am very close to get a strong sell signal. My bet is that we are topping right now...
     
    #3314     Mar 17, 2006
  5. thanks, pekelo. yes, you are very likely correct. i will agressively monitor and perhaps start scaling out soon to maintain gains.

    thanks again !

    surfer
     
    #3315     Mar 17, 2006
  6. no changes in the DJIA and SPY longs. holding here into tuesday.

    short EUR/USD @ 1.2170--- word up----- dollar expecting to strengthen here.

    best,

    surfer
     
    #3316     Mar 20, 2006
  7. time to tighten those stops in the dia and spy imho.
     
    #3317     Mar 20, 2006

  8. thanks, vhehn. i am monitoring the positions closely.

    catching a few points here in the eur/usd pair.

    best,

    surfer
     
    #3318     Mar 20, 2006
  9. what a great day, so far! the index longs are continuing to pay nicely, and the eur/usd short is performing as expected.

    arriving at nantucket shortly, have wireless access albeit spotty on the boat.

    keeping the unwarranted ego inflation in check by looking at icarus to remember what happens when things seem tooo good. see everyone later!

    here's a shot from the boat...


    best

    wishes

    surfer
     
    #3319     Mar 21, 2006
  10. Pekelo

    Pekelo

    Have a fun time, but I think you are just missing out on getting the hell out of longs....The Dow just dropped 80 points in an 90 minutes...
     
    #3320     Mar 21, 2006
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