The Surf Report

[marketsurfer]

Quote from Pekelo:

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...

man, you are not kidding ! just checked positions and am FLAT thanks to trailing stops. staying flat in indexes untill next week.

best,

surfer

 

[marketsurfer]

ok, took profits in long dollars @ 1.2093. flat indexes. flat untill next week.

time to enjoy a chilly trip to the island.....

see everyone next week,

surfer

 

[marketsurfer]

SURF ALERT:

MAJOR sell signal on EUR/USD pair. SHORT here from 1.2250.

surfer

 

[marketsurfer]

OK, adding 2nd unit to shorts here @1.2274.

surfer

 

[marketsurfer]

nothing has changed in our dollar analysis. staying long dollar here, short eur/usd expecting droppage.

surfer

 

[marketsurfer]

entering 3rd unit short in eur/usd pair at 1.2294

surfer

 

[marketsurfer]

maintaining long dollar bias going into thursday. still flat across the board in oil, gold, equities.

surfer

 

[marketsurfer]

OH YEAHHHH !!!!!! our systems were a little early on this move in dollar---- however we are surfing nice profit at this time and holding shorts in eur/usd--- .2234 now, expecting further downside.

surfer


as expected, trichet talk is smashing euro here.

 

[marketsurfer]

maintaining shorts in eur/usd--- long dollar. looking sweet.

the studies, although a bit early, nailed this move !

surfer


PS. congrats to VN for winning top CTA award at MARhedge conference last night, very nice !!!!

 

[marketsurfer]

cut long dollar ( short eur/usd) posiiton in 1/2 and am holding over weekend with nice profits.

the equity indexes are starting to look ready to trade. stay tuned...

surfer