The Surf Report

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Quote from marketsurfer:



the oil short is still in losing territory, maintaining position with one entry.


surf
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Surf congrats on the Dow trade but I tink your gonna get bitten on this oil trade :(

I see nothing but a BIG range Jan (lows) and May (highs) and lots of noise in between.

I will join you short when XLE hits the $60 (area) till then good luck bro.
 
Quote from Exodus:

Surf congrats on the Dow trade but I tink your gonna get bitten on this oil trade :(

I see nothing but a BIG range Jan (lows) and May (highs) and lots of noise in between.

I will join you short when XLE hits the $60 (area) till then good luck bro.
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thanks exodus. oil will <= 70 soon.

i have one entry in, with 2 bullets remaining if needed. holding here.

surf
 
Quote from Pekelo:

I don't know Surf, I think we are due for a 150-200 pts downmove...
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thanks for the chart, pekelo.

i am holding here, expecting further upside after this politico caused selling diminishes.

surf
 
i am maintaining my DJIA long here into thursday. it is my belief that the selling today will be short lived and rest of week will be up.


maintaining oil short with still one entry level. expecting 70 or below prior to 80. t boone is wrong this time.

surf
 
LOL...I was rumbling through my bloomberg mag i get monthly with my Terminal and I came across an article on VN. So, I decided to be humble and write him....let him know Im getting back into the game and the "smart ass" that was part of the Spec-list is far less likely to speak...and more likely to listen...

I will forward you his response....once he finds out is RMETALS "Turtle" he is going to laugh his arse off and send me a poster of some "struggle" that happen in the 1900's......

I will be reading ur journ. Im doing more currencies and commodities and playing alittle with Volititly Instruments...will keep you posted.

The Label is doing well, distrubution has grown, key partnerships with ITUNES and SONY have create small profit. Now all I need is all you ETers to buy a track at 99cents, and around 2 million others world wide...then im golden. LOL

Ertrader
 
My target to short OIL is when it hits 80..even...Im guessing...or should I say, Key "international" situations lead me to believe it could be at that target by August end....Sooner if..

Syria attacks Israel
Hurrican cat 3 or more hits the Gulf
Iran Bluffs and blocks the oil exports


Current "insight", Industry leaders are saying Demand is killing supply here at home....Cough cough, its code for ....get ready boys 80 is around the corner.

NK and its tonka toy missles, (which do not work) only spooked the markets because NK is showing IRAN that....."THE AMERICANS ARE PUSSIES" and go ahead....stop the oil flow.......nothing will happen. (short term strag. by IRAN to make UN bend on "Nuke energy regulation and then they will start pumping again.

Thus my first short will be 80 even and add on if it hits 82 or more....

Er
 
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