The Surf Report--part 2

Pricedriver succesfully nailed the downward move in the ES. We are continuing to ride the wave down here, although expecting choppy action, pressure remains on the downside presently. Going to hold short untill the pressure abates or shifts as indicated by the pricedriver system-- staying SHORT
 
Staying short -- the FTT and STT proposed will likely hang a heavy hand over the bulls. Expecting selling to continue, despite the inherent and guaranteed volatility.

stay short. Surf
 
Quote from bwolinsky:

Confluence? Are these automated? I know a chart only has two points on it, price and volume, so if there's nothing looking at these I can't say you are doing anything but gambling.

If fundamentals are a factor these do not help in market timing at all. However, seeing your price drivers changes I'm guessing more to do with headline news than anything.

Covering at the time of my previous comment was much more beneficial than holding.
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no, its not automated.

The pricedriver system has nothing do with charts, price or otherwise. It take into account the actual drivers of price not price itself--- utilizing the common sense idea that the drivers will move prior to price-- thus following the group of drivers rather than price makes perfect sense. confluence of drivers on the bearish side continues thus we are holding the position short

We are trading on different time frames--- intraday, your cover call was dead on--- nice. However, the price drivers remain bearish and price should follow downward despite the expected volatility while it happens.

Why don't you and the Prof start a real time journal? I know myself and others would like to follow your trades-- if they are posted before the fact. ( even though I believe following price is like driving forward by looking in the rear view mirror)

surf
 
Quote from bwolinsky:

Prof doesn't have anything to prove. His calls would be too valuable and market moving. .
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You are joking--especially about the "market moving" stuff...right?
 
Anybody whose calls are "market moving" wouldn't have any problem becoming the richest man in the world in... say... 5 weeks. The fact that he isn't is proof enough of what he hasn't got, and what you don't have either.

It is readily apparent who the delusional "noob" is. How can you make a pitch like that?. It is so exaggerated, that even if the method was profitable, the only one believing your claims is... yourself.:confused:
 
Quote from bwolinsky:

I guess a huge house and cars and land aren't enough. I know he has made millions.
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To make your claims true, "land" would have to mean "planet earth and its material contents"... so... certainly not "enough".
 
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