The Surf Report

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Quote from marketsurfer:

i have made the decision to circumvent the system here due to STRONG factors in play--- SHORTING heavily DJIA, SP 500, and NASDAQ. shorting 2 minutes before equity close at 4 NY time. this is classic and i am going for it !

SHORT !

surfer:eek:
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wow thats a big bet. good luck.
 
we are holding the shorts into the open today. expecting drop.

taking my conservative wife, ginger, to a scary goth concert this evening.....bwa ahahahahahahaha. LOL !






best,

surfer:)
 
Quote from VOLUME:

Surf....Are you using the upper channel figure as a stop loss? Or are you sticking short regardless of today's action?

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volume,

as this is a "special" situation trade, i am staying short here. yes, i am a little nervous, but still confident in the 'situation'. i am willing to take dramatically more risk here due to the heavy analysis results.

staying SHORT,

surfer:)
 
yes, i am being squeezed. yes, i am concerned. yes, i am feeling the pain. yes, i still have confidence in the analysis that placed us short on thursday near close. holding shorts here despite...... still long gmh, SHORT BBI

:(
 
Quote from marketsurfer:

yes, i am being squeezed. yes, i am concerned. yes, i am feeling the pain. yes, i still have confidence in the analysis that placed us short on thursday near close. holding shorts here despite...... still long gmh, SHORT BBI

:(
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surfer. would you give us a clue as to what you see to make you hold onto this other than good oldfashioned top picking.tia vhehn
 
I think it's similar to that other position surfer went long and
called the bottom because of multiple system signals. He was
a week early but ended up doing well when the market shot up
for many days.

It does look like the next cycle down is near on different timeframes.
 
Quote from Sanjuro:

I think it's similar to that other position surfer went long and
called the bottom because of multiple system signals. He was
a week early but ended up doing well when the market shot up
for many days.

It does look like the next cycle down is near on different timeframes.
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thats what i would like to know? what signals point down right now. i don't see it.
this is an out of character trade for surfer. he generally goes with channel breakouts as i understand it. this time he is fading the play and i am curious as to what he sees.
 
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