The Surf Report

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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 !
 
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
 
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
 
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 !
 
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
 
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
 
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