The Surf Report

[Thunderdog]

Marketsurfer,

It's a few minutes before the FOMC announcement. What is your plan at this point? Will you continue to hold your YM position and hope for the best? Will you hold regardless of whether the market closes up or down today? Tomorrow? The next day?

 

[marketsurfer]

Quote from Thunderdog:

Marketsurfer,

It's a few minutes before the FOMC announcement. What is your plan at this point? Will you continue to hold your YM position and hope for the best? Will you hold regardless of whether the market closes up or down today? Tomorrow? The next day?

i am holding.

prepare for sabre rattling events soon. timing off a bit, but still confident in annalysis for longer term.

strongly suggest no one go long here.


total victory is nigh.

surf

 

[marketsurfer]

note the mini charts here, looking bleak for longs:

 

[Mike Okistini]

Quote from marketsurfer:

i am holding.

prepare for sabre rattling events soon. timing off a bit, but still confident in annalysis for longer term.

strongly suggest no one go long here.


total victory is nigh.

surf

Problem is a big sell off over the next week or so just takes you to breakeven . Churn that account baby..

 

[marketsurfer]

Quote from Mike Okistini:

Problem is a big sell off over the next week or so just takes you to breakeven . Churn that account baby..

 

[marketsurfer]

Quote from marketsurfer:

VN is the greatest living speculator and has made far more for his investors than he ever lost.



yeah, he has my respect.


surf

here's a brilliant article on VN from the hobo---- enjoy!

http://www.dailyspeculations.com/wordpress/?p=2445

 

[marketsurfer]

SURF ALERT


we have closed our OIL short @ 91.

regards,

surf

 

[marketsurfer]

expecting a full retrace of this move up today in YM/DJIA. would be a nice short for those so inclined.

enjoy!

surf

 

[Thunderdog]

Quote from marketsurfer:

expecting a full retrace of this move up today in YM/DJIA. would be a nice short for those so inclined.

enjoy!

surf

Then perhaps this would be a good time for you to add to your position. After all, if your current YM short was within "portfolio parameters" when YM had almost reached 13,800, then now would surely be a good time for you to add to that short if you expect a full retrace of today's rise, particularly since you are suggesting to others that now would be a good time to short.

 

[JJ2]

Quote from Thunderdog:

Then perhaps this would be a good time for you to add to your position. After all, if your current YM short was within "portfolio parameters" when YM had almost reached 13,800, then now would surely be a good time for you to add to that short if you expect a full retrace of today's rise, particularly since you are suggesting to others that now would be a good time to short.