The Surf Report--part 2

Quote from marketsurfer:

1325 has proven to be support in technicians eyes. ES trading in narrow range but appears to be falling lower presently. If 1325 snaps, the long anticipated break even level of 1312 should oriveto be next support prior to a spiral down to the final support at1300.

Staying short. Surf

Cover shorts on August 2. SSSSSSSSSSSHHHHHHHHHH. Don't tell anyone.
 
I suspect manipulation in the market right now--- no evidence but just a suspicion.

Folks, be ready for anything, these are uncharted waters.

Still betting on short


Surf
 
Well the mistress isn't finished with her greed. She is bringing in more nourishment by attracting longs to the slaughter. Staying short, it may get scary bad.

Surf
 
Quote from marketsurfer:

I suspect manipulation in the market right now--- no evidence but just a suspicion.

...

that's exactly how i feel when it goes against me.

what's your take on Gold?
 
I'm bullish on gold. 2000 in the next 23 months. surf



Well, we will have to be a bit more paitent for the legacy of brutality to begin. Everyday it doesnt just melt down means it's going to be worse. Holding
 
I said I wouldn't post in this journal anymore but I had to . . .

choke
choke

post in a partial agreement to anna's analysis of what is happening.

The charts are telling us that the ES and NQ are consolidating & creating longer term tops and the YM and TF are consolidating and creating short term bottoms. All four are showing a good potential for a drop setting up this week or into Monday.

choke
choke

good luck on your short.
 
Frankly, I am tired of waiting and wish to commit the the analysis.

I have decided to step outside of the traditional risk parameters here. In other words, I am going ALL IN on the short. add

Adding 24 ES sept contracts SHORT at 1332.75-- creating a total short position of 30 ES contracts 6@1312 and 24@1332.75.

Convinced beyond a shadow of a doubt there will a meltdown---hence the large position. Do or die commitment.

surf
 
Good luck with that Surf. Personally.....I hope the SP's drop 100 handles this week....wake the market up.

But you have gone on and on about how this position went against you, how you kinda went on tilt, how painful this trade is.......and now you go in and quadruple your position? You sign up for that guy Hoffman's chat room :D


Surf my man, you have to learn how to trade from a position of strength. Add to winners....not losers. Tudor Jones quote is something to live by amigo.
 
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