Surfer Alerts

[R. Raskolnikov]

If that's true then perhaps there is some reason for it. I'm sure if you make a better effort to behave, then others will also make a better effort.

Hope you are enjoying this amazing NYC weather!

Quote from marketsurfer:

LOL, nothing to do with TA-- more like a gonzo hate vibe toward the surf--

 

[cornix]

ET is very addictive.

 

[Wide Tailz]

How very interesting that the GLD gap filled exactly on the 50% fib line, then dropped out of the channel.

What's it gonna be, Surf? Trend is still down......

 

[marketsurfer]

Quote from Wide Tailz:

How very interesting that the GLD gap filled exactly on the 50% fib line, then dropped out of the channel.

What's it gonna be, Surf? Trend is still down......

No idea. I'll post the calls as they develop-- right now we are flat across the board except for EDR and FSC---

surf

 

[marketsurfer]

Quote from murrica:

marketsurfer,

Do you have any outlook on other trade ideas? Rising wedge (yes, a chart pattern, TA) on 30-year just broke. I was asleep. Boo.

No, not yet. Other than buy EDR and FSC----- good luck! surf

 

[Josef K]

Quote from Wide Tailz:

How very interesting that the GLD gap filled exactly on the 50% fib line, then dropped out of the channel.

What's it gonna be, Surf? Trend is still down......

To me Fibs are either meaningless or redundant. You can just ignore the Fibs and note that the consolidation began when GC hit a major inflection point from Sunday night that was the starting point of the huge drop that lasted until Monday evening.

 

[Josef K]

Also, here's the 5 minute chart. This close up look makes it clear that the area around 1485 would likely become a resistance zone.

 

[marketsurfer]

random adventures of surf & annaland

I was out for a Saturday drive with my 7 month pregnant bride dr. annaland. Some guy pulled up beside us at a light and motioned to roll down the window. He appeared normal and was around 40 to 50 y/o. I wound down the window and the guy screamed--- "hey fat f@ck-- learn how to drive". As far as I know, I didn't cut him off or drive poorly in any way. I was thinking I should take the fat f@ck comment to heart and go on an exercising diet......... wise words can come from the strangest places.... so that experience has me thinking, I know I am overweight, but no random person ever called me a fat f@ck. That was definitey an eye opening experience. enjoy the weekend!

 

[marketsurfer]

Quote from Josef K:

Also, here's the 5 minute chart. This close up look makes it clear that the area around 1485 would likely become a resistance zone.

Do you have a downside target price? thanks!

 

[Josef K]

Quote from marketsurfer:

Do you have a downside target price? thanks!

Nope, and as a matter of fact my bias is that resistance will be broken and that GC will hit 1500 within the next week. But that is not something that I pretend to predict, it's just my bias given the limited knowledge I have of the markets, both technical and fundamental.