The Surf Report

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surf alert



an interesting situation is occuring in the DJIA--- there is very clear neo surf death channel emerging--- 13233---12997 YM

this channel is confirmed by several normally conflicting proprietary indicators--both long and short term. I am extremely confident in the inherent worth of these figures--- it is the highest confirmation level in 2 years in the system.

Will be trading this channel MAX size upon entry with all rules in full effect.

all the best,

surf
 
Quote from marketsurfer:

surf alert



an interesting situation is occuring in the DJIA--- there is very clear neo surf death channel emerging--- 13233---12997 YM

this channel is confirmed by several normally conflicting proprietary indicators--both long and short term. I am extremely confident in the inherent worth of these figures--- it is the highest confirmation level in 2 years in the system.

Will be trading this channel MAX size upon entry with all rules in full effect.

all the best,

surf
More...

Long or Short?
 
Quote from marketsurfer:
we remain flat in the YM and across the board excepting LONG LULU.
Reiterate projection made earlier of DJIA sub 10500 by November 2008..
best,
surf
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Obviously, he's indicating SHORT.
But...the real panic will not occur until 12,500 taken out with ease. After that event, then 500 point down days will be a common occurence.
Fasten your seat belt.
 
my price analysis shows a move up into december before any significant death spiral type move, NEXT YEAR. Short term target of 13600 on YM. The global growth story isn't over. >50% of s&p earnings are derived from abroad. Subprime round 2 is now over with vast majority of financial institutions having reported their writedowns. It's not as bad as I thought. Also, there won't be much bad news coming out anytime soon. They're done for now. Earnings season is also ending. There's too much fear. Time to squeeze.

Quote from syswizard:

Obviously, he's indicating SHORT.
But...the real panic will not occur until 12,500 taken out with ease. After that event, then 500 point down days will be a common occurence.
Fasten your seat belt.
More...
 
Quote from syswizard:

Obviously, he's indicating SHORT.
But...the real panic will not occur until 12,500 taken out with ease. After that event, then 500 point down days will be a common occurence.
Fasten your seat belt.
More...


i am sticking with the analysis indicating < 10500 by nov 2008.

HOWEVER, the channel is indicating there may be a nice upmove prior soon. will trade the channel per system guidlines both long and short-- agree with tracy here short term, but we will see.

let's go do what happens,

surf
 
For God's sake, how long have you guys been reading the report?

Quote from ProfLogic:
Long or Short?
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Quote from syswizard:
Obviously, he's indicating SHORT.
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Obviously, it is a channel, if it breaks out upward, LONG, if downward, SHORT.

Got it???
 
Quote from Pekelo:

For God's sake, how long have you guys been reading the report?





Obviously, it is a channel, if it breaks out upward, LONG, if downward, SHORT.

Got it???
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thanks, pekelo.

surf:)
 
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