The Surf Report

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getting crunched in dollar longs. took hit, then re-entered long dollar on retracement signals and took 2nd hit in currency. Flat here.

our DJIA and SPY longs are performing perfectly with nice profits--- continuing to hold here with wide stops to protect profits.

getting close to entering several individual stocks--- stay tuned....

best,

surfer:)
 
our earlier long index entries @ 109.83 DIA and 127.95 SPY respectively are profiting nicely at this time. wide stops in place to protect profits, holding here. the future looks bright, but maintaining healthy skepticism.....

best,

surfer
 
Surf, you might want to use very tight stop losses. I am very close to get a strong sell signal. My bet is that we are topping right now...
 
Quote from Pekelo:

Surf, you might want to use very tight stop losses. I am very close to get a strong sell signal. My bet is that we are topping right now...
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thanks, pekelo. yes, you are very likely correct. i will agressively monitor and perhaps start scaling out soon to maintain gains.

thanks again !

surfer
 
Quote from marketsurfer:

no changes in the DJIA and SPY longs. holding here into tuesday.

short EUR/USD @ 1.2170--- word up----- dollar expecting to strengthen here.

best,

surfer
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time to tighten those stops in the dia and spy imho.
 
Quote from vhehn:

time to tighten those stops in the dia and spy imho.
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thanks, vhehn. i am monitoring the positions closely.

catching a few points here in the eur/usd pair.

best,

surfer
 
what a great day, so far! the index longs are continuing to pay nicely, and the eur/usd short is performing as expected.

arriving at nantucket shortly, have wireless access albeit spotty on the boat.

keeping the unwarranted ego inflation in check by looking at icarus to remember what happens when things seem tooo good. see everyone later!

here's a shot from the boat...


best

wishes

surfer
 

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Have a fun time, but I think you are just missing out on getting the hell out of longs....The Dow just dropped 80 points in an 90 minutes...
 
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