Surf's Special Situation Journal

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Quote from Xspurt:

Hmm , price drivers seem upside down.

If you went long where it went short and reversed short on your buy to cover it would have been quite a trade.
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Yes, I'm still working on the interpretation of the numbers. It does seem like I'm nailing inflection points, but betting in the wrong direction-- except for the DJIA, that's been fairly accurate.
 
Quote from marketsurfer:

Yes, I'm still working on the interpretation of the numbers. It does seem like I'm nailing inflection points, but betting in the wrong direction-- except for the DJIA, that's been fairly accurate.
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Well, let's see what happens if you reverse it
 
Quote from marketsurfer:

Yes, I'm still working on the interpretation of the numbers. It does seem like I'm nailing inflection points, but betting in the wrong direction-- except for the DJIA, that's been fairly accurate.
More...

Weren't price drivers supposed to be completely objective and quantifiable unlike junk science TA? :)
 
Quote from marketsurfer:

No doubt--- closed /CL long out at 96.50.

Stops on AAPL short now placed at 703.25

Stops on JCP short now placed at 31.00

surf
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At least you had a stop in JCP. Traded 32.55 just now.......

You see...stops aren't for weak hands.
 
Quote from traderchi128:

At least you had a stop in JCP. Traded 32.55 just now.......

You see...stops aren't for weak hands.
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Yeah, I'll admit it-- that was a very bad trade. Out and flat--

surf
 
SURF ALERT SURF ALET

The balance of power has just shifted in the /CL Price Drivers to the BULLISH side.

therefore, going long here at $92.09.

surf
 
JCP:

30% short interest + breakout into previous gap down airspace = "previous support (32.50) becomes resistance" profit target

That's about as technically beautiful as trading can get.
 
Quote from marketsurfer:

The balance of power has just shifted in the /CL Price Drivers to the BULLISH side.
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Is there something we should be seeing that we're not seeing? :confused:
 
Quote from NoDoji:

JCP:

30% short interest + breakout into previous gap down airspace = "previous support (32.50) becomes resistance" profit target

That's about as technically beautiful as trading can get.
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english please. :D

Is JCP a short here due to spike to 32.55? or is it a long? the technical mumbo jumbo chatter that can be reinterpreted in hindsight any which way, is the hallmark of a true believer. :D :D
 
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