Surfer Alerts

[marketsurfer]

Quote from themickey:

Most of us already know that the person who 'hates' something the most has some kind of affinity or connection to it.
I think it is something to do with we recognize a failing in someone and which that failing we own ourselves but despise.

Surf's perpetual anti TA rants but his obsession with trading via his secret signals and his reference to many of his opponents as stealth traders says a lot imo.

Spoken like a true astrologer--- oops, mean technical analyst.

Exagerations are your forte'. I don't hate TA, I use TA every single day of the year as a descpriptive tool. I earned solid $$ teaching TA to a fundamentally based fund manager and landed a job managing a portfolio for him. I certainly don't hate any TA practioners, in fact, several are among my best friends.

However, I do despise mistruths, falsehoods, and hyperbole regarding the use of TA as a predictive tool as single instrument price action traders claim they do--- When someone makes statements that my 20+ years of experience tells me are false, I am going to question and push for the truth---If you don't like my style, put me on ignore. peace

surf

 

[sheda]

I don't hate TA, I use TA every single day of the year as a descpriptive tool. I earned solid $$ teaching TA to a fundamentally based fund manager and landed a job managing a portfolio for him.

The fund closed at a large loss did it not? If you hate it or not, you cant denie you have a lot of time to focus on it

 

[marketsurfer]

Quote from sheda:

The fund closed at a large loss did it not? If you hate it or not, you cant denie you have a lot of time to focus on it

The truth is I was down several percent after 6 months--- when the anchor investor pulled his funds for personal reasons-- nothing to do with performance.

Yeah, fortunately life and the markets have been good to me so far-- --

surf

 

[marketsurfer]

The United States is in a catch 22 type situation financially. As the economy inproves, such as witnessed by the job number today, it brings the end of QE one step closer---- its a balancing act now and surfer shack research remains very bearish for the rest of the year.

 

[marketsurfer]

 

[marketsurfer]

You Can Have Anything You Want, You Just Can't Have Everything.

Ray Dalio

 

[Trader.Fighter]

Quote from marketsurfer:

The United States is in a catch 22 type situation financially. As the economy inproves, such as witnessed by the job number today, it brings the end of QE one step closer---- its a balancing act now

Yes special tiimes due to Fed, bad news is good for market and conversely, the opposite for good news. Yet today, market reacted favorably to good news.

Tricky stuff to decipher, therefore, I try to limit the rationale to price.

 

[marketsurfer]

Quote from Trader.Fighter:

Yes special tiimes due to Fed, bad news is good for market and conversely, the opposite for good news. Yet today, market reacted favorably to good news.

Tricky stuff to decipher, therefore, I try to limit the rationale to price.

Yes, but I am betting that the retraction of QE will trump any good news as the market is ahead of itself due to the QE, not good news. surf

 

[Trader.Fighter]

Quote from marketsurfer:

Yes, but I am betting that the retraction of QE will trump any good news as the market is ahead of itself due to the QE, not good news. surf

Yes I read in your journal that you calling for the highs to be in for the year.

 

[marketsurfer]

Quote from Trader.Fighter:

Yes I read in your journal that you calling for the highs to be in for the year.

Yes.

thanks for reading.

surf