The Surf Report

[marketsurfer]

maintaining DJIA shorts at this time. absorbing present adverse movement, expecting DOWN wave.

surf

 

[marketsurfer]

the YM trade is flirting with breakeven today. continuing to maintain shorts, expecting substantial profits soon.....

surf

 

[atticus]

Quote from marketsurfer:

expecting substantial profits soon.....

surf

Sure, nobody would trade without expectation. If grandma had balls she'd be grandpa.

 

[marketsurfer]

Quote from atticus:

Sure, nobody would trade without expectation. If grandma had balls she'd be grandpa.

no argument here. how's the trading going?

thanks,

surf

 

[dhpar]

Quote from atticus:

Sure, nobody would trade without expectation. If grandma had balls she'd be grandpa.

lol

 

[marketsurfer]

YM short trade turned profitable today, and we are holding into tuesday. no change in analysis, strategy.


for those who look at such things, there appears to be a textbook double top in the daily DJIA. Based on TA, 13300 area appears to be potential support in cash 13400 region in YM. that's certainly not why im short, but its interesting to note.

regards, surf

 

[atticus]

Quote from marketsurfer:

no argument here. how's the trading going?

thanks,

surf

+72% since 2/1/07. Thanks.

 

[dhpar]

Quote from atticus:

+72% since 2/1/07. Thanks.

that's spooky - I am up exactly 72% since the beginning of the year as well...

 

[atticus]

Quote from dhpar:

that's spooky - I am up exactly 72% since the beginning of the year as well...

Well, FEB 1...

We'll need to collaborate on what to wear and trade, ha.

 

[dhpar]

for me Jan 2nd was the first day of the year even with shitty January.

Anyway - I am in global macro + some stock picks for fun. And those picks actually fared much better than expected - so luck as always