Surf's Special Situation Journal

[sculptor66]

Interesting. While I still have no real clue what the price drivers are, from what I am seeing here, I think surf will be right again. ;-)

 

[bigarrow]

Quote from marketsurfer:

We are about negative 20 points in the latest YM trade. There has not been any changes in the underlying Price Drivers, therefore we are holding for now. surf

You may of said before, but why did you go short the YM. I can see going flat but don't see the short side now.

 

[marketsurfer]

Quote from bigarrow:

You may of said before, but why did you go short the YM. I can see going flat but don't see the short side now.

The Price Drivers are pegged at negative 7 indicating strong bearish bias in the underlying factors that move price. Obviously, they are not always correct, but I am holding on here based on the system.

surf

 

[bigarrow]

Quote from marketsurfer:

The Price Drivers are pegged at negative 7 indicating strong bearish bias in the underlying factors that move price. Obviously, they are not always correct, but I am holding on here based on the system.

surf

Thanks but I have no idea what "price drivers are pegged at negative 7" means.

 

[marketsurfer]

Quote from bigarrow:

Thanks but I have no idea what "price drivers are pegged at negative 7" means.

The Price Drivers are an index that goes from negative 10 to 10. Zero is completely balanced between bullish and bearish forces. Negative 10 is max bearish and 10 is max bullish. Neg 7 is very bearish forces brewing under the market hence my short position.

 

[bigarrow]

Yeah I figured that out surf . but still doesn't say anything. Never mind, it's tough to get a straight answer out of you. If it's a secret that's OK, I was just curious why you went short.

 

[marketsurfer]

Quote from R. Raskolnikov:

He said he's here "to learn and to pass along my meager knowledge to others in the spirit of collaboration."

If that's the case, he should be ok revealing the components of his system, in the spirit of collaboration.

Somethings are just too valuable to provide the inner workings. All the benefits are in the calls anyway--- only hardcore quants can understand the calculations--- I sure can't! surf

 

[Lucrum]

Quote from marketsurfer:

i never understood posting statements in the age of photoshop

I never understood making "live" calls on a message with no proof whatsoever an actual live trade was actually made. But I see your point.

Quote from marketsurfer:

my short that is averaged at 13934 is underwater right now...

Down about 50 now huh?

 

[HurricaneUS]

Quote from Lucrum:


Down about 50 now huh?

Price Drivers in action:

 

[marketsurfer]

Quote from Lucrum:

I never understood making "live" calls on a message with no proof whatsoever an actual live trade was actually made. But I see your point.



Down about 50 now huh?

about 44 right now--- PD can be a bit early in the prediction, i get greedy and go all in, when truly the smartest way to trade it is to ease into the position. Man, I FIGHT greed every single day---- surf