The Surf Report

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Quote from marketsurfer:

huge huge deals have originated from chance meetings in bars clubs etc. its obvious that steve o has no clue in this regard.

That's because he operates in a world where everything can be measured, that's OK, more power to'em.

JJ
 
Quote from JimmyJam:

That's because he operates in a world where everything can be measured, that's OK, more power to'em.

JJ


yeah, classic engineer type. i have several in my family, im well versed in linear thinking.....

surf
 
Quote from steve46:

I realize Marketsurfer that you are a little pissed, seeing your failed trade take off in your direction this morning. As is common for amateurs and retail, you had no clue as to the level of market imbalance. You are what we call a "weak hand", and when people offer to help you, you have no interest.

I haven't really followed Marketsurfer's calls but in this particular instance, his trade could have turned out to be great - it's just that shorting YM over other indices like ES turned sour mostly because of 1 stock. Hope we realize any of us can be the "weak hand" at any moment - Marketsurfer's (what I discern to be) mean reversion tactics on YM would've worked great for many years until last fall but obviously the market is behaving differently currently and any decent traders can go through some funk when conditions change. While each of us can go through a decent streak and even be consistently profitable, I find that being openly supercilious toward a hardened trader who's survived the market for many years somewhat unwarranted any way I look at it.

Regards,
 
Quote from JSL_Capital:

I haven't really followed Marketsurfer's calls but in this particular instance, his trade could have turned out to be great - it's just that shorting YM over other indices like ES turned sour mostly because of 1 stock. Hope we realize any of us can be the "weak hand" at any moment - Marketsurfer's (what I discern to be) mean reversion tactics on YM would've worked great for many years until last fall but obviously the market is behaving differently currently and any decent traders can go through some funk when conditions change. While each of us can go through a decent streak and even be consistently profitable, I find that being openly supercilious toward a hardened trader who's survived the market for many years somewhat unwarranted any way I look at it.

Regards,


thanks for the kind words,JSL. i concur 100%.

best,surf
 
Quote from Mvic:

Chin up surf, plenty of 07 left and as you know it only takes a couple of good trades to make a great year. I can empathize as the last few weeks have not be good ones for my positions either though will hang in there with them for the rest of this week at least.


thanks vic. the year is still young!

best wishes, surf
 
Quote from TMcKenna:

Very interesting, thanks for posting.
Are you this guy David?

yes.

are you terrance? i enjoyed archaic revival, wait you died several years ago. nice to meet you.
 
Quote from marketsurfer:

yes.

are you terrance? i enjoyed archaic revival, wait you died several years ago. nice to meet you.

LOL, No I am not TM, not even close, I think he was one brilliant dude, enjoyed reading his stuff and even more listening to him in several interviews.
 
Quote from TMcKenna:

LOL, No I am not TM, not even close, I think he was one brilliant dude, enjoyed reading his stuff and even more listening to him in several interviews.


i concur. --- i have read most of his material.

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enjoy

surf
 
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