Surf's Special Situation Journal

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Quote from marketsurfer:

Buying GOOGLE here at 699 looks like a good trade. surf
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Looks good?

Now I know you have not looked at the chart - so your price driver says this is a good place because "it looks like a good trade"?
 
Quote from DblArrow:

Looks good?

Now I know you have not looked at the chart - so your price driver says this is a good place because "it looks like a good trade"?
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No chart, brother, the big buyer on the way,,,,,,, indications that the selling here is light and without legs-- be patient expecting pop near close, holding

surf
 
Quote from marketsurfer:

SURF ALERT SURF ALERT SURF ALERT
SPECIAL SITUATION ALERT



Buying GOOGLE here at 699 looks like a good trade. surf

LONG LONG LONG LONG LONG surfers, WE LOVE THESE KINDS OF OPPORTUNITIES.
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Short SAN @ 7.82, stop $8.00, target $6.50


(not actually making this trade, but it's not going up)


Also, short GOOG @ 690.00 breakout, add to short @ 720 (avg $705), stop $780, target $525

$75 risk, $180 reward
 
Quote from JuniorCTA:

Short SAN @ 7.82, stop $8.00, target $6.50


(not actually making this trade, but it's not going up)


Also, short GOOG @ 690.00 breakout, add to short @ 720 (avg $705), stop $780, target $525

$75 risk, $180 reward
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I take it these are outside of your objective TA system trades and you are just fading me? surf:confused:
 
Quote from marketsurfer:

SURF ALERT SURF ALERT SURF ALERT
SPECIAL SITUATION ALERT



Buying GOOGLE here at 699 looks like a good trade. surf

LONG LONG LONG LONG LONG surfers, WE LOVE THESE KINDS OF OPPORTUNITIES.
More...

The stock has at least another leg short (resumption). Not saying 699 won't be reached before the resumption, as the day ended in a pennant (lateral). The least risky tactic would have been to enter short on a BO+FBO on the pennant above 701. If you get a gap up above the pennant tomorrow at the open, I would reverse short and play for a test of today's low. If it gaps down...well, that's the risk you take for trying to catch a falling knife. In any case, we all know this is either a paper trade or you bought maybe 1 share of this stock.

Out of curiosity, do you pick up the entire tab for everyone at your Surf Fest? The money definitely doesn't come from your trading.
 
Quote from icarus618:

The stock has at least another leg short (resumption). Not saying 699 won't be reached before the resumption, as the day ended in a pennant (lateral). The least risky tactic would have been to enter short on a BO+FBO on the pennant above 701. If you get a gap up above the pennant tomorrow at the open, I would reverse short and play for a test of today's low. If it gaps down...well, that's the risk you take for trying to catch a falling knife. In any case, we all know this is either a paper trade or you bought maybe 1 share of this stock.

Out of curiosity, do you pick up the entire tab for everyone at your Surf Fest? The money definitely doesn't come from your trading.
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Thanks for the suggestion. I'm sticking with my trade. Re surf fest-- it depends on the year and how I have done---- generally I'll buy the first few rounds, cigars, cover charges, then when those funds are tapped, attendees are on their own.
 
Quote from marketsurfer:

Thanks for the suggestion. I'm sticking with my trade. Re surf fest-- it depends on the year and how I have done---- generally I'll buy the first few rounds, cigars, cover charges, then when those funds are tapped, attendees are on their own.
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1. Good luck with the trade.

2. That's fairly generous. Considering you open your event to strangers from this site, I give you credit for having a lot of class.

Cheers.
 
Quote from icarus618:

1. Good luck with the trade.

2. That's fairly generous. Considering you open your event to strangers from this site, I give you credit for having a lot of class.

Cheers.
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Thanks, I enjoy it!

surf
 
Surf, you're so consistent that after your recent confessions I come to conclusion you intentionally post certain calls to attract as much traffic as you can and in reality you probably trade... differently.

Am I right? :)
 
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