The Surf Report--part 2

[Pekelo]

Quote from marketsurfer:

This pre open bounce appears to be a compelling opportunity for traders to get short in front of the jobs number.

Surf, seriously.... At this point you should really stop giving advice, because you seem to be a reliable fade. You just gave back 70% of your profits in the last 17 hours....

Remember?:

Quote from Pekelo:

(don't forget to take profits)

 

[marketsurfer]

We got the aggressive pullback to flatline in theSP as the system projected. Nimble short termers certainly could have had a field day on that move down.

However, the exhurberance of the job number prevailed over the Greek rumor pushing shares higher on the close than forecast. Keep the course shorts. Monday will
Likely pan out negative. Enjoy!

 

[Lucrum]

Quote from Pekelo:

Surf, seriously.... At this point you should really stop giving advice, because you seem to be a reliable fade...

True, but then so are you.

http://www.elitetrader.com/vb/showt...=113413&perpage=30&highlight=100&pagenumber=2

 

[marketsurfer]

Quote from Lucrum:

True, but then so are you.

http://www.elitetrader.com/vb/showt...=113413&perpage=30&highlight=100&pagenumber=2

Pekelo. You really should start your own journal. Poaching reads off of someone elses success is poor form. While I do appreciate you contribution, it would be taken mire seriously after you build your own track record instead if posting cherry picked examples on the surf report. Surf

Ps. From iPad onbeach hence the errors.

 

[Pekelo]

Quote from marketsurfer:

someone else's success

You sure don't mean yourself here, do you?

But hey, I will be a good sport and join you on the beach. I am going to Mexico next weekend, so you will get a break from me...

 

[fly down]

Quote from marketsurfer:

Poaching reads off of someone elses success is poor form.

that's funny!

 

[Pekelo]

I am not on vacation yet, I have just been busy delivering pizza. But look, what I have picked up for beach reading, now that Surf managed to give up all his profits:

P.S.: This was the 666th reply in this thread, so I guess I am the devil's advocate.

 

[volente_00]

Quote from volente_00:

Or is this a retest of the neckline before a run to 1420 ?





My bet is the next 80 points are north

30 down 50 to go

 

[improvingstops2]

I'm giving up on this thread for a few months. Maybe surf will come right, hope so. I admire his guts to post his calls like this, and think he's decent at getting some moves, but his stubbornness at using TA and his inability to take repeated profits is cringe inducing.

FFS, letting a 30+ point profit on 6 contracts reverse to break even is bad enough, doubly so when he'd been down 10 points initially.

 

[Spooz Top]

Interesting topping formations in metals....gold,silver & platinum...diamond topping patterns have served me very well over the years....locating a conservative entry should prove difficult for those looking to put on their shorts.