The Surf Report

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here are some interesting macro thoughts of the subprime situation from roubini's rge monitor. i dont endorse these views but this blog is highly respected in the economic community and i believe it shoud be taken seriously:

http://www.rgemonitor.com/blog/roubini


regards,
surf


on a lighter note:


ps. rice krispies, vanilla milk and virgins in marketannasurferland all of the day and all of the night......
 
Quote from marketsurfer:

:D :D

way more than that, JJ.

even though she could double for that chick in the video. HA!


:D :D
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Much like you look like a product of tom arnold and bruce willis!

332 vs 909, i think i prefer 332 minus the virgin! you're still you know what. HAHA!
 
Quote from annaland:

Much like you look like a product of tom arnold and bruce willis!

332 vs 909, i think i prefer 332 minus the virgin! you're still you know what. HAHA!
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the virgin stays, futurebreedmachine. HAHA


we are staying flat, still nebulous channel.

regards, surf
 
today's DJIA action was just enough to reveal the next neochannel in the cash market. the channel confirmed is 12507--12393. flat in middle, long above, short below after confirmation of break by 3 minutes.

still churning thru equities looking for that perfect stock, staying flat for now in US equities.

regards,

surf
 
Quote from uptik2000:

Maybe you can post your exits too. Instead of "caught nice profits now flat".
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the goal is to catch several HUGE moves in the calendar year.

the exits are discretionary and not systematic. after profits are achieved its up to the individual trader to decide how long to stay in---- my strategy is to stay in as long as possible, which, yes, will result in giving up profits but i find this to be the best way to catch several MONSTER moves thru out the year when trading the channels.

regards, surf:)


ps. pursuant to your example request: i guess you missed our oil trade both long and short, several dramatic DJIA trades, and a few killer stock trades just to list a few success's in 2006.
 
Quote from marketsurfer:

the goal is to catch several HUGE moves in the calendar year.

the exits are discretionary and not systematic. after profits are achieved its up to the individual trader to decide how long to stay in---- my strategy is to stay in as long as possible, which, yes, will result in giving up profits but i find this to be the best way to catch several MONSTER moves thru out the year when trading the channels.

regards, surf:)


ps. pursuant to your example request: i guess you missed our oil trade both long and short, several dramatic DJIA trades, and a few killer stock trades just to list a few success's in 2006.
More...

The exact response I expected. LMAO.
Trade well.
 
I'm a recent expat from the SI and iHub boards and admit I haven't read this journal thoroughly, but it seems to me that the author is paper-trading these assets and riding large drawdowns, only to revisit the trade if it achieves paper-profitability.

Do you often take risk that exceed 1:1 risk-reward?
 
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