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Hey Surf, you a Chris Farley fan? Here's a little humor for the weekend. Hope is eases the sting of the drawdown.

chazz.jpg


"My name is Matt Foley. I trade forex for a living..... and I live in a van down by the river!"

:p
 
Quote from Ol' Yella:

Hey Surf, you a Chris Farley fan? Here's a little humor for the weekend. Hope is eases the sting of the drawdown.

chazz.jpg


"My name is Matt Foley. I trade forex for a living..... and I live in a van down by the river!"

:p
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LOL! We went to a comedy show several weeks ago and the headliner called me out saying I look like a cross between the guy on mythbusters and chris farley. LOL!
 
Serious question...why do you say things like "obvious bounce into the close" and "it will be a solid winner tomorrow"? PD's are NO GUARANTEE, so I don't understand why you make them :confused:

Quote from marketsurfer:

4/3/2013....Ouch, that was a quick loss. ( stops too tight) Back long 10 contracts @ 94.97 for the obvious bounce into close.

If not today, it will be a solid winner tomorrow. PD's are at 7 bullish for CL right now.

srf
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Surf what I don't understand is how your PD's are long when the fundamentals were begging the volume traders to dump oil. We see that indeed happening as fundamentals plus price plus volume work together.

Without giving the math, what is the PD element that is making you believe you will come out with a profit?

Last question: are you sure the PD isn't upside down?
 
Recent action in CL doesn't surprise me but NG (today) does. The cold wxr story is getting long in the tooth, but I guess utterances from Goldman Sachs are like the old E.F. Hutton commercial.
 
Quote from marketsurfer:

We are holding the CL long position into Monday in accordance with the bullish Price Drivers. EDR and FSC remain longs. Have a. Great weekend!
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wouldnt it be funny if CL gaps down over the weekend? I hope you still hedge some of that risk with the back month or at least some puts..
 
Quote from Xspurt:

Surf what I don't understand is how your PD's are long when the fundamentals were begging the volume traders to dump oil. We see that indeed happening as fundamentals plus price plus volume work together.
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Thanks for the suggestions, but I consider your techniques and ideas to be irrelevant to what I am trying to do. Perhaps you could step up to the plate and make a few calls by yourself and on your own to validate the claims.

thanks, surf
 
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