Fading the Smurf Report results

S

southall

The latest surf report thread was closed but my short fade from on march 20 is still active:

https://www.elitetrader.com/et/threads/surf-report.306890/page-133#post-4427303

"We have initiated a new long position in the DOW cash 20916"

This fade is currently showing a profit of over $57,000 USD (size is $50 a point)

Now if the MarketSurfer had just gone long instead of short YM, he would have made his 1000+ pips


I think i will hold this one for a $100K profit.
 
southall said:
The latest surf report thread was closed but my short fade from on march 20 is still active:

https://www.elitetrader.com/et/threads/surf-report.306890/page-133#post-4427303

"We have initiated a new long position in the DOW cash 20916"

This fade is currently showing a profit of over $57,000 USD (size is $50 a point)

Now if the MarketSurfer had just gone long instead of short YM, he would have made his 1000+ pips


I think i will hold this one for a $100K profit.
More...
"Wall Street Cash" What the fuk is that?
 
truetype said:
Looks like he had tremendous foresight in SHAK.
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Well... I wouldn't go that far. I was just giving Surf a shout-out. His initial short call on SHAK was right where its at now if I recall correctly.
And the ONVO long call, which I actually follow that company now.... was not all that good. Its down over 30%. And 30% is 30% even on a penny stock.
Just keepin' it true Mr TrueType. ;)
 
truetype said:
Looks like he had tremendous foresight in SHAK.
More...

Where is the post that shows the exact short entry for SHAK?
There was none made this year that i am aware of, only some vague posts that SHAK is a good short play.
SHAK has been stuck in a trading range between 40 and 30 for the last 18 months anyway.
 
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Entering first short in SHAK at $67.09

#29 Apr 27, 2015

Entering second entry into shorts at $74.41

#59 May 5, 2015

This is our third entry short @ 78.07 per share into SHAK--- the words of the profits are written on the wall

#81 May 6, 2015

Yes, the final short went off at $76.00. no more arrows in the quiver, trusting the Price Drivers here.

#117 May 14, 2015
 
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