The Surf Report

FRuiTY PeBBLe · Jun 2, 2003

Quote from marketsurfer:

we have closed ALL long term longs at 9001 in DJIA and 1617 in NASDAQ. VICTORY to gann, marketsurfer capital, intrendX global and everyone who followed along ! i am psyched ! currently flat with neogann channel 9027 to 8893 DJIA .

YES !!!!!

surfer

surf, nice job; looks like you got out just in time. what made you exit when you did?

also, where did you enter this trade?

thx

FRuiTY

marketsurfer · Jun 2, 2003

Quote from marketsurfer:

closing shorts here with nice profits. stepping outside of the system due to strong technical signals. entering LONGS 8280 DJIA, 1380 NASDAQ.

LONG

best,

surfer

thanks everyone for the accolades. fruity, i entered the DJIA and nasdaq trade on 4.8.03 at 8280 and 1380 respectively--- a real long term hold for me--almost 3 months.

i am currently short the DJIA. i did not expect the lower channel figure to break today, but it did. stops at 9027.

best,

surfer

marketsurfer · Jun 2, 2003

Quote from marketsurfer:

this just out of surf's rumour mill-----

word up--- there may be very very bad news from a california based company today or friday-- regarding regulatory / tax issues. sorry, i don't have any specifics. remember, this is an unsubstaniated rumour that was passed along to me, take it as such.

best,

surf

wonder if this is what "the source" was talking about ?? sure fits the parameters but one day late.

http://cbs.marketwatch.com/news/default.asp?siteid=mktw

enjoy !!!!!!!!

OPTIONAL777 · Jun 2, 2003

Congrats on the winning "long term" trade.

I think we can now "factor out" the post war rally premium.

Looking forward to getting back to watching you trade the wheel.

Love the wheel.

marketsurfer · Jun 3, 2003

i am moving up the stops in the index shorts to breakeven at this time. holding here.

best,

surf

marketsurfer · Jun 3, 2003

closing shorts here, back in channel. will trade off channel.

best,

surfer

marketsurfer · Jun 3, 2003

back short in nas and dow. holding short here.

surfer

petrolpeter · Jun 3, 2003

It seems so many folks were expecting a pull back they met it with waiting cash.You know,the dow in the 8000's and the NAZ at 1600 is just over sold correction and we haven't seen real momentum yet like 2000.

marketsurfer · Jun 3, 2003

Quote from petrolpeter:

It seems so many folks were expecting a pull back they met it with waiting cash.You know,the dow in the 8000's and the NAZ at 1600 is just over sold correction and we haven't seen real momentum yet like 2000.

hi,

yes, i agree. flat currently in channel. i have 3 more tries at lower figure to short, before number invalidates.

take it easy !

marketsurfer · Jun 3, 2003

hi pete,

yes, i agree. back flat here in channel. giving it 3 more tries at lower figure to short before number invalidates.

take it easy !