The Surf Report

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Quote from JSSPMK:

Then again all depends how much of the heat one is willing or able to maintain. I recall speaking to a friend who was a fund manager at the time, he was short AMZN based on FA, market proved him wrong. His analyses remained the same, in actual fact there was more reason to get short AMZN, but AMZN just kept climbing. Of course eventually it did happen, but he was already out of his positions in that stock. Hence I only have eyes for TA, of course we all have different POV TA or not.
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yeah. thanks for the charts. cool story!

surf
 
Quote from marketsurfer:
thanks for the cogent and timely words, wizard. we'll see what happens!
best wishes
surf
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Cramer in panic tonite....and WOW, the overnite futures are super U G L Y .....YM 13k-even looks to be a stone's throw tomorrow.
I'm not saying to cover, but watch the action around 13k-even.....and the action right below it (head-fake). If crude posts a miraculous move down, that could spark short covering.

Great trade, great position.
 
Quote from syswizard:

Cramer in panic tonite....and WOW, the overnite futures are super U G L Y .....YM 13k-even looks to be a stone's throw tomorrow.
I'm not saying to cover, but watch the action around 13k-even.....and the action right below it (head-fake). If crude posts a miraculous move down, that could spark short covering.

Great trade, great position.
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thanks. holding YM shorts here. this just may be what our analysis indicated would happen within the 90 days from initial short entry.

maintaining all positions.

best wishes,
surf
 
we are holding YM short here during the reactionary buying phase near open. this appears to be weakly program algo driven and should fail soon. will reevaluate this afternoon, if need be.

surf
 
Surf, as you know I am not a fan of your trading style and, at times, your conduct in the various debate threads. Also, I have no idea how your trading strategy plays out across many trades over time on a net basis. However, there is no denying the profitability of your current YM trade. Kudos.
 
Quote from Thunderdog:

Surf, as you know I am not a fan of your trading style and, at times, your conduct in the various debate threads. Also, I have no idea how your trading strategy plays out across many trades over time on a net basis. However, there is no denying the profitability of your current YM trade. Kudos.
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thank you, thunderdog.

there is a method to the madness in the posts.

regards,

surf:)
 
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