The Surf Report

[ghostzapper]

Quote from marketsurfer:

Continuting to hold all positions. doubled up on CROX short @ 51

Quote from marketsurfer:

no, up for the year now.

You lost -20% on your "big" play that you started a thread to announce.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1527490&highlight=rare#post1527490

Yeah, you're up on the year,
now tell me the one about Goldilocks and the 3 bears.

 

[marketsurfer]

Quote from ghostzapper:

You lost -20% on your "big" play that you started a thread to announce.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1527490&highlight=rare#post1527490

Yeah, you're up on the year,
now tell me the one about Goldilocks and the 3 bears.

didnt lose anything, need to close the position first.

2nd, losing 20% on one position is not equivalent to losing 20% portfolio value.

you really have no clue, do you?

surf

 

[ghostzapper]

Quote from marketsurfer:

didnt lose anything, need to close the position first.

Whatever you say mr. market.
I'll bring you the finest meats and cheese.

"didn't lose anything" ??
Only if it was a paper trade..

I know, when crox goes to $70, you'll double up.
When it goes to $80, you'll double up again.
Of course, you're never losing b/c the position is not closed.
When it goes to $100, triple up !

 

[marketsurfer]

holding all positions awaiting the open. fake outs may abound today----be ready.

we are expecting a fakeout to suck the bulls in, then another drop. will see what happens.

surf

 

[marketsurfer]

ok, gave back some profits with the YM shorts today. continuing to hold here, plan is to close out the position tomorrow ( tuesday) morning should adverse move continue into the NYSE open. will look to reshort asap. holding all other positions crox and FX pairs.

surf

 

[Thunderdog]

Quote from marketsurfer:

...we are expecting a fakeout to suck the bulls in, then another drop. will see what happens.

surf

Who is/are "we"?

 

[syswizard]

Quote from marketsurfer:

ok, gave back some profits with the YM shorts today. continuing to hold here, plan is to close out the position tomorrow ( tuesday) morning should adverse move continue into the NYSE open. will look to reshort asap. holding all other positions crox and FX pairs.

surf

Omigosh Surf - HOLD THOSE YM SHORTS.
See my post in Trading forum: "20 Reasons to stay short".
Today and tomorrow will only be "shifting chairs on the deck of the Titanic". This so much "feels" like the October of 1998.

Best Trading !

 

[marketsurfer]

Quote from syswizard:

Omigosh Surf - HOLD THOSE YM SHORTS.
See my post in Trading forum: "20 Reasons to stay short".
Today and tomorrow will only be "shifting chairs on the deck of the Titanic". This so much "feels" like the October of 1998.

Best Trading !

thanks, wizard. i agree, but want to retain some of these profits for now if needed-- been in the trade since middle of june. im gonna jump back in when i see its time, if the position gets closed tomorrow. i linked your post here. thanks!

http://www.elitetrader.com/vb/showthread.php?threadid=100240

surf

 

[annaland]

Quote from Thunderdog:

Who is/are "we"?

that needs to stay annanymous

 

[marketsurfer]

Took very nice profits earlier in the YM shorts closed finally, will look for reentry point---potentially today.

holding Crox short and eur/usd long, usd/cad long.

surf