The Surf Report

[marketsurfer]

caught a substantial gasping upwave in the DJIA from the break of the upper channel line. holding with nice profits and wide stops.

best,
surf

 

[marketsurfer]

SURF ALERT SURF ALERT

we are taking profits here @ 13690 in the YM locking in nice gains.


going FLAT. Awaiting emergence of next channel for entry.

surf

 

[JimmyJam]

Quote from atticus:

You've ridiculed TA for years, now you're using oscillators?

We love you surf!

JJ

 

[marketsurfer]

<b>SURF ALERT</b>

Word Up, surfers and surfette, is not good for the BULLS.

We are stepping back into the YM short @ 13703. word is highly negative this morning--- expecting retrace.

this is not a system trade.

best wishes,

surf

 

[marketsurfer]

shorting another unit on this false pop @ 13760. average 13731.50.

surf

 

[dhpar]

Quote from dhpar:

Hi marketsurfer,

Of course I wish you good luck with your Pos but do you have any reasons why there should be a major selloff here? Or is it just guts feeling?

Cheers

looks like my wishes of good luck do not help you much. I am sorry for you - but maybe we correct a bit from here. (??)
DJIA up 300+ since then

 

[Bearbelly]

Curious why you would short just before a key number.

 

[marketsurfer]

absorbing a bit o heat here as strength continues. maintaining position for now. expecting profits by end of day.

surf

 

[Hombre]

Quote from Bearbelly:

Curious why you would short just before a key number.

Because that what you do when papertrading. There are no money at risk so it doesn't matter.

 

[marketsurfer]

we were wrong about the initial direction off of the number on friday. however, much of the drawdown has been recovered and still expecting slide down next week. remaining short DJIA.

closed EUR/USD shorts with profits--flat here.

surf