Holding NFI long, remaining confident here.
Holding YM short, short DJIA expecting additional downside.
regards,
surf
Holding YM short, short DJIA expecting additional downside.
regards,
surf
The Surf Report
- Thread starter marketsurfer
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there is much talk about coming disasters in the mortgage markets, our cyclical studies are indicating that it isn't going to happen anywhere near the scale that is being predicted across the internet. Our recent purchase of NFI is stepping into the fray and playing the analysis. we will see what happens, stay tuned!
surf
ps. blog coming soon with details!
surf
ps. blog coming soon with details!
holding SHORTS in YM despite adverse move this morning
NFI holding LONG--looking nice here.
surf
NFI holding LONG--looking nice here.
surf
Stepping in here on the YM , adding to shorts aggressively @ 12680.
surf
surf
hey mr.black,
good question. let me see if i can answer you in a short.
i traded the nasdaq index for several years, then my system simply stopped working. i discovered that the system was working in the DJIA and I have traded the DOW ever since.( with and without the system_) I also like having all the components in front of me and the ability to purchase many/all of the individual companies as a basket.
hope this makes sense.
best surf
Surf,
It makes sense except that the indexes track and progressively magnify each other (DOW SPX, COMPX, RUT--that order)
http://bigcharts.marketwatch.com/ch...e=11&freq=1&nosettings=1&rand=3000&mocktick=1
So any LT call, and most IT calls and more than half the ST calls, for the DOW will apply to the RUT-wih the added plus of volalility as leverage. For someone who doesn't play with options, or the freer margin of futures contracts (?)--that leveage can make a huge difference. The baskets make up for the lack of DOW leverage--but you pay for it with (always dicey) stock analysis and risk tolerance that you don't have to sweat with index trading.
The new ETFs (especially the QID long and short) make it pretty strait foward. All i need is good 1-3 week call. Something I can't always produce for myself. What I can do is manage money and daytrade in the context of a larger trend. Since the strength of the trend died at the end of November I've been flailing because the rules I use for trading with or against the trend aren't working.
You are the only person I know (on line or real life) who called a top in 2000. I was doubting and confused then by what you were doing and I'm doubting and confused now. So I guess not much has changed.
The DOW by way of YM is right for you but I don't think it's right for me. If you would say in advance what you thought your (minimum) time frame was--for a positive trade not counting stopping out--that's information I could use. You said in one post that this might be a TOP in the DOW. After today's action--is that what you still think?
The details that you intend to post might be all the answer I need--in which case please ignore me. This is a nice quiet board and I don't want to yak it all up for everybody.
I respect the shit out of what you do--I just wish I could feel like we're on the same page. I appreciate the glimpse you give into the occult realm of predictive trading (that actually works!)--I just need to know if it's dangerous to me by way of a poor match. And whether I should just take vacations when the trend strength signals start flagging. Bob
It makes sense except that the indexes track and progressively magnify each other (DOW SPX, COMPX, RUT--that order)
http://bigcharts.marketwatch.com/ch...e=11&freq=1&nosettings=1&rand=3000&mocktick=1
So any LT call, and most IT calls and more than half the ST calls, for the DOW will apply to the RUT-wih the added plus of volalility as leverage. For someone who doesn't play with options, or the freer margin of futures contracts (?)--that leveage can make a huge difference. The baskets make up for the lack of DOW leverage--but you pay for it with (always dicey) stock analysis and risk tolerance that you don't have to sweat with index trading.
The new ETFs (especially the QID long and short) make it pretty strait foward. All i need is good 1-3 week call. Something I can't always produce for myself. What I can do is manage money and daytrade in the context of a larger trend. Since the strength of the trend died at the end of November I've been flailing because the rules I use for trading with or against the trend aren't working.
You are the only person I know (on line or real life) who called a top in 2000. I was doubting and confused then by what you were doing and I'm doubting and confused now. So I guess not much has changed.
The DOW by way of YM is right for you but I don't think it's right for me. If you would say in advance what you thought your (minimum) time frame was--for a positive trade not counting stopping out--that's information I could use. You said in one post that this might be a TOP in the DOW. After today's action--is that what you still think?
The details that you intend to post might be all the answer I need--in which case please ignore me. This is a nice quiet board and I don't want to yak it all up for everybody.
I respect the shit out of what you do--I just wish I could feel like we're on the same page. I appreciate the glimpse you give into the occult realm of predictive trading (that actually works!)--I just need to know if it's dangerous to me by way of a poor match. And whether I should just take vacations when the trend strength signals start flagging. Bob
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