there is a heavy air of uncertainty enveloping the world as we speak, hence the selling in the us index futures. we are currently long the DJIA and NASDAQ complex. markets NEVER move in a straight line even with extreme bullish bias therefore will use any pull back today to add to long positions. best, surfer
after seeing the saddam tape, he is not in good health and looked so different that he might have been killed, but i think that will cause him to be much more retaliatory, and especially for his son, unless his son was killed. . . and with turkey now giving air clearance, the war has just changed to the positive. . . nice move.. . so that we might avert a real bloody war, which is very positive. . . i was very tempted upon seeing that tape to go long. . . sg
we are substantially long going into friday's open having used the opportunity of the pull back today to increase our position size. holding longs here. best, surfer
we are currently long entering friday's open. presently calculating next trading channels for DJIA and NASDAQ. stay tuned !! all the best, surfer
Surfer, good job buying the pullback yesterday. It takes a lot of discipline buying at these lofty levels. Your analysis has been right on the money.
as expected, the war generated optimism continues. we are heavily long in NASDAQ, DJIA, and MSFT entering the open. awaiting. best, surfer
******* DIA, SPY , QQQ are above a William 0' Neill favorite -50 day moving average. All my long are also [except gold stocks]; most above 200dma I WOULD not knowingly hold BEAS with a 8 or 10% drop even with most of the uptrends looking strong and long. Might sell a NasdaQQQ tek its gapped up 5% premarket; and might reenter at end of day. NEM is down below ALL my moving averages that is bullish for most stocks,Hunter & family