The Surf Report

Status
Not open for further replies.
Okay surf, DOW completes almost 200 pt move. 12,007 now the low. This is my exit as I think that psychological number will hold through to the election. Another shortable high awaits, call me crazy but I am back long.

Best o luck

satchel
 
thanks, satchel.

however, i am continuing to hold all positions going into monday--
short DJIA, long EUR/USD, short OIL, long NAPS

nothing has changed in our outlook, yet.

best wishes,

surfer
 
Prior to retiring for the weekend, just wanted to make an observation. Today was classic in the DJIA regarding how the indexes respond to confusion in world events. the movements of the dow mirrored the amount of uncertainty in the election. when it was close to certain that the demoncrats would take the senate, the djia took off on the upside. this type of situation is eminently tradeable and provides a proven edge to the trader.

best wishes,

surf
 
Quote from marketsurfer:

this type of situation is eminently tradeable and provides a proven edge to the trader.

surf
More...
Very observant.

Did you trade it? Are you still short the DOW?
 
Quote from ramora:

Very observant.

Did you trade it? Are you still short the DOW?
More...


thanks. no, the DJIA short position was closed with a loss, i am presently flat the index.

yes, i daytraded the YM today based on the ebb and flow of the election results. nicely profitable!

regards,

surf
 
Quote from marketsurfer:

SURF ALERT SURF ALERT


we are shorting shorting the DJIA here via YM @ 12272. 12240 cash. systems/info are indicating down close today.

regards,

surf
More...

down close today? good luck on that one.
 
Status
Not open for further replies.
Back
Top