Surf's Special Situation Journal

marketsurfer · Sep 18, 2012

Holding AAPL short, Holding JCP short

SURF ALERT

Long DJIA via Dec YM 13470

surf

R. Raskolnikov · Sep 18, 2012

So this particular trade is a extra special "special situation" setup?

Quote from marketsurfer:

SURF ALERT SURF ALERT SURF ALERT SURF ALERT SURF ALERT

There is an unbelievably significant signal to short the Apple here at 697.21--- We are following the system and entering short AAPL at 697.30. SHORT AAPL here.

surf

marketsurfer · Sep 18, 2012

Long /CL @ 96.70. day trade.

surf

eurotrasher · Sep 18, 2012

Quote from R. Raskolnikov:

So this particular trade is a extra special "special situation" setup?

Surf is extra special, so all the trades are too.............

marketsurfer · Sep 18, 2012

Quote from marketsurfer:

Holding AAPL short, Holding JCP short

SURF ALERT

Long DJIA via Dec YM 13470

surf

Closing YM Dec long @ 13503

Price Drivers have backed off here, closing with 33 points minus commissions. Not to mention euro zone fears ramping up-- good time to take profits.

surf

bigarrow · Sep 18, 2012

Quote from marketsurfer:

Closing YM Dec long @ 13503

Price Drivers have backed off here, closing with 33 points minus commissions. Not to mention euro zone fears ramping up-- good time to take profits.

surf

What are price drivers?

NoDoji · Sep 18, 2012

Quote from bigarrow:

What are price drivers?

Yes what are they, please, and also, what makes a situation "special"?

P.S., Brother Surf, I expect you may be prit' near twitterpated when I tell you that I put on a swing trade last Friday with the entry price triggered by a dream I had just before I woke up. Is that a valid price driver?

NoDoji · Sep 18, 2012

Quote from marketsurfer:

Long /CL @ 96.70. day trade.

surf

My friend, day trading CL is a very, very special situation.

Think of JCP, YM, and AAPL like the Romney boys: nice, clean cut, safe to interview on TV

Think of CL like Lindsay Lohan or Charlie Sheen

eurotrasher · Sep 18, 2012

Quote from NoDoji:

what makes a situation " special................"

ND,

with you here , it is now extra special................

oraclewizard77 · Sep 18, 2012

Quote from marketsurfer:

Long /CL @ 96.70. day trade.

surf

Well, let's assume you did not put in a stop or target since you did not mention one, and that we will assume since this is a day trade, you will close out at end of the day.

So, if you only did 1 contract, you are down around $ 1,000. Maybe, this helps prove that TA works and special situations are useless junk science, but then we already know that.