The Surf Report

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Quote from Thunderdog:

You think that adding to a losing position after price goes through the original protective stop is cowardly? No, no, no. You've got it all wrong, see? It's all about the courage of one's conviction. Allow me to explain.
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:D

This man can write!
 
Quote from syswizard:

Good news for Surf's Crox short bet:

Largest Decreases In Short Interest

Crocs (CROX) 8.0 million share decrease

=======================================

Much short covering has already occurred.
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Yes, at a current short interest ratio of 30%, it is quite obvious surfer is the only short left. LMAO.
 
Posted on the 24th:

Quote from Pekelo:

We will get down from the 1480ish ES level....
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After peaking around 1484 about 2 days ago, the ES is currently down at 1463....

See Surf? THAT'S how you time your short entry, by reading the ES Journal thread.... :)
 
caught a really nice downwave in the YM on the break of the lower channel line--holding here, expecting additional downside.

crox appears to have finally topped out, let the bad news begin.....staying short.


surf

:D
 
Bought some CROX
March 45 strike put options on Friday or Monday. . . don't remember

figured $60 double top was a good place to buy them. . .

still holding my MZZ

missed the Fed reversal because i was lecturing in Vancouver, BC when i didn't have internet access or ability. .

still holding for the retest, and possible continued economic softness. . .

my company, trades on the NYSE, is experiencing a slightly higher receivables DSO due to some cash collections issues with the small customers. .

yea, there is economic weakness accumulating. . . slowly. . .

sportsguy
 
Quote from sportsguy:

Bought some CROX
March 45 strike put options on Friday or Monday. . . don't remember

figured $60 double top was a good place to buy them. . .

still holding my MZZ

missed the Fed reversal because i was lecturing in Vancouver, BC when i didn't have internet access or ability. .

still holding for the retest, and possible continued economic softness. . .

my company, trades on the NYSE, is experiencing a slightly higher receivables DSO due to some cash collections issues with the small customers. .

yea, there is economic weakness accumulating. . . slowly. . .

sportsguy
More...


thanks for the insight, sg. nice nice nice with the MZZ!!!

keep me updated!

all the best,

surf:)
 
OH YEAHHHH! after 2 false entries, the system performed flawlessly, positioning us in the YM to catch this very nice down wave. holding DJIA shorts into wednesday.


CROX appears to have clearly topped, confidence remains in a death spiral occuring knocking out the naive' long trendies. my first stock trade was a shoe company LA gear--- rode it up to dizzying heights,,,,,then we all know what happened to the company. let the muppets rant about this one, it's finished.

surf
 
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