The Surf Report

marketsurfer · Jun 25, 2004

greetings,

we are issuing a severe wave warning for the DJIA starting this monday. the index is currently at a critical time price juncture as of the close today ( friday ). we are presently FLAT the DJIA-- the channel is 10477--10353. long above, short below, flat in the middle. i am not going to reveal my bias at this time and will simply trade or not trade mechanically based on the chanel system.

enjoy the weekend

surfer

marketsurfer · Jun 28, 2004

we are short the DJIA from channel break.

surfer

marketsurfer · Jun 29, 2004

i am feeling bearish---- there was an increase in the leverage bull funds yesterday despite the down day--- this is a classic contraian indicator. holding shorts.

surfer

marketsurfer · Jun 29, 2004

holding djia shorts here.

surfer :eek:

marketsurfer · Jun 29, 2004

riding an adverse excursion wave in the DJIA here. staying short into wednesday.

surfer

pisspotpete · Jun 29, 2004

Good luck Surfy. Could be a bumpy ride!

marketsurfer · Jun 29, 2004

Quote from pisspotpete:

Good luck Surfy. Could be a bumpy ride!

thanks ! i am wearing the "heavy weather" surfer gear for this trade.

surfy d

u130747 · Jun 29, 2004

Surf,

I am with you. I just sold some more QQQ calls in the money. Just waiting for the drop.

Bert

marketsurfer · Jun 30, 2004

Quote from u130747:

Surf,

I am with you. I just sold some more QQQ calls in the money. Just waiting for the drop.

Bert

surfer

omcate · Jun 30, 2004

Quote from u130747:

I just sold some more QQQ calls in the money.
Bert

You are not allowed to front-run me. :mad: