The Surf Report--part 2

Folks, we are holding here with solid profits, being paitent for the inevitable testing of the 1300 area once again.

Pay no mind to the nay sayers and doubters---

surf
 
Quote from eudaemon:
Cover shorts on August 2. SSSSSSSSSSSHHHHHHHHHH. Don't tell anyone.
Quote from eudaemon:
You are going to score Surf. Cover August 2.
You'll lose everything in the next one, so retire after this one.
Quote from eudaemon:
The FORCE is with you in this trade. I suggest you retire from trading after it. Make sure you cover on or before August 2. Good luck Major Tom.
3 points a week is all I need. SSSSSSSHHHHHH.

http://www.youtube.com/watch?v=BEG7OzvSMBA&feature=related
 
Quote from EPrado:



I agree with you as far as when to get short the SP. I let the market/price action tell me when to get long or short. 1305 is a breakdown, and shorting down there could lead to a nice sell off. Also keeps ya out of the noise/back and forth trading within a range.


Let us all know when you decide to get short. LOL!

OldTrader
 
Quote from marketsurfer:

excellent! thanks for posting that blast from the bast-- quite apropo.

looks like a bit of stability in the selling here.


:D

Cover double your initial size entered at bad prices and bring stop to breakeven on the balance you added yesterday. Enjoy the fireworks instead of suffering like a mofo. Never do that again!. LOL.
 
Quote from OldTrader:

Let us all know when you decide to get short. LOL!

OldTrader

It wasn't a trade I would do. Just like when I told Surf there was a better chance of a 40 point bounce as he was short...which did happen.

My point is I let the mkt tell me what to do through price action. Would rather short a mkt in a down trend then stepping in front of a train.

Not sure what you are getting at.....
 
Holding full position here. There should be additional downside to come. We anticipate turns, but for those who wait, th market has tipped its hand. Just like 1987, there are multiple tells of a pending massive drop. It's guaranteed to happen. Surf
 
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