The Surf Report

[sportsguy]

also finding that currently, i can make more money consistently at the Texas hold'em tables at big casinos than i can at guessing which way the fed and then the market will go. . .



sportsguy

 

[marketsurfer]

Quote from sportsguy:

Interesting crox article. .

is this the bad news that you have been referring to surf?

http://money.cnn.com/2007/09/17/news/companies/crocs.ap/index.htm?postversion=2007091715

sportsguy

whoa, interesting! no, thats not what im talking about, but bad news for CROX, nonetheless! thanks!!!

surf

 

[marketsurfer]

Quote from sportsguy:

also finding that currently, i can make more money consistently at the Texas hold'em tables at big casinos than i can at guessing which way the fed and then the market will go. . .



sportsguy

im expecting a rate cut, but an inverse/unexpected reaction. we will see.

surf

 

[marketsurfer]

kudlow is on fire with shock and awe rate cut rhetoric--- this is going to be interesting!

surf

 

[syswizard]

Fast Money tonite calling for 3/8 point reduction.
Interesting: not too disappointing for those hoping for 1/2.
It just may work to keep this market from tanking.
I think 1/4 would be a huge disappointment.

 

[marketsurfer]

Quote from syswizard:

Fast Money tonite calling for 3/8 point reduction.
Interesting: not too disappointing for those hoping for 1/2.
It just may work to keep this market from tanking.
I think 1/4 would be a huge disappointment.

agree.

surf

 

[marketsurfer]

ok ok, adverse moves in both positions into the morning here.

holding at this time.

regards,
surf

 

[syswizard]

10500,10600 should prove to be huge resistance for the Dow - cash basis.

 

[marketsurfer]

Quote from syswizard:

should prove to be huge resistance for the Dow - cash basis.

ok. struggling with adverse move here, holding the course, selling expected anytime....

surf

 

[marketsurfer]

continuing to hold, expecting down day in DJIA.

surf