The Surf Report

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Quote from uptik2000:

I think you're refering to when I was in the mortgage biz. I 've been trading fulll time for almost a year.
Very easy profitable strategy. I fade you. :)
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ok, good luck!
 
Quote from marketsurfer:

ok, good luck!
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Signal went off...then I got the dreaded message(see pic). Oh well, can't win them all.

Good luck to you, surf. Seriously, I hope it goes your way.
 

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Sorry about NFI surf, sucks when that happens as it does to all in this game from time to time. Still early days in 2007, plenty of time to have a good year. Good luck.
 
thanks!

i am in NFI till 7.97 as a stop-- i realize the risk here, but also have indications of nice upside potential still.

Holding DJIA shorts at this time.

surf
 
I won't take up too much of your thread, but out of curiosity, what target do you have? You're risking about 30% on the position, so I'm curious.

Personally on this trade, if I did get the fill short at $11.30/11.10 area I would be covering half here ($10.35) and sliding the stop down to $10.50. I do more short term stuff than anything right now.

My initial stop would have been $11.60 . Risk 30cents to make a buck.

I really hope it works out for you. This is just a type of long that I wouldn't touch.
 
Quote from uptik2000:

I won't take up too much of your thread, but out of curiosity, what target do you have? You're risking about 30% on the position, so I'm curious.
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20 plus but i have no time restraints. i'll give up on this one if the stop is hit.

surf
 
Quote from marketsurfer:

SURF ALERT SURF ALERT


we are stepping in here and BUYING NFI novastar @ 17.00.

LONG NFI @ 17

stops @ 15.95

target-20 plus



regards,

surf
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That had to be a tough one... Could you get out premarket? Or were you already out with a stop prior?

If you are ever looking at a trade I would be happy to give you my analysis. I am fairly accurate with countertrend trades, my track record speaks for itself.

Like on NFI, it is broken below all major support that I have identified. I dont see it stopping until about 5 at the earliest.
 
Quote from apex82:

That had to be a tough one... Could you get out premarket? Or were you already out with a stop prior?
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yes, we took a hit on this, so far. holding long after re-entry--- thanks for the offer, but this trade has nothing to do with TA.

still expecting 20 plus..... time frame 1 year max.





surf
 
we are back close to even on the YM shorts, holding here into friday.

took hit on NFI, reentered long and are holding with additional loss thus far.


holding QM longs with nice profits.


regards,

surf
 
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