The Surf Report

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Quote from marketsurfer:

oh yeahhhh! nailed very nice down wave, holding shorts here in YM.

Nice, but as you know at some point, you have to take the profits. I would take that 230 points right now and reshort tomorrow at 10 am...
 
Quote from Pekelo:

Nice, but as you know at some point, you have to take the profits. I would take that 230 points right now and reshort tomorrow at 10 am...


that makes some sense, however i decided to hold as one of these days/nights, if your not in, you will miss the big one...

thanks,

surf
 
Quote from marketsurfer:

oh yeahhhh! nailed very nice down wave, holding shorts here in YM.

looks like JJ and P.logic will come to understand that charts show the past and that this game requires much more than chart analysis.

may i suggest a discerning eye focused on libya for clue about oil and not constant tic charts-- ( shhhh you didnt hear that from me)

surf

I don't use contant tic charts (there is no such thing) and I told you that price would go toward 99.200 before your price prediction was even close. I was right. We hit 99.100 early this morning. My early entry was not caused by my charting it was caused by me, human error.

News fuels the Markets it doesn't drive them. Crude is currently consolidating.
 
Quote from marketsurfer:

you believe consolidating for a trip up, right? just want to re-confirm.

surf

No, I don't predict.
I read, I execute and I ride.

Current eMini Crude short range is 99.200 (Resistance) and 96.525 & 96.200 (Support).
Current eMini Crude medium range is 99.200 (Resistance) and 93.175 & 91.775 (Support).
Current eMini Crude long range is 99.200 (Resistance) and 90.100 (Support).

On the chart these were taken we are in an extended Primary Bull Trend. We are currently consolidating at Prime Trending Resistance and before crude will even drop to challenge 90.100 we must see one of the above Support levels Breached.
 
Quote from ProfLogic:

No, I don't predict.
I read, I execute and I ride.

Current eMini Crude short range is 99.200 (Resistance) and 96.525 & 96.200 (Support).
Current eMini Crude medium range is 99.200 (Resistance) and 93.175 & 91.775 (Support).
Current eMini Crude long range is 99.200 (Resistance) and 90.100 (Support).

On the chart these were taken we are in an extended Primary Bull Trend. We are currently consolidating at Prime Trending Resistance and before crude will even drop to challenge 90.100 we must see one of the above Support levels Breached.


ok, this makes no sense to me. every number between where we are now and 90.10 must be breached prior to challenge of 90.10. one of??? man, thats wide open. statements like this are created to hedge calls, come on plogic, you don't really think it makes sense or has any value, do you? linquistic playfulness doesn't cut it on the surf report.

surf
 
Quote from ProfLogic:

You wanted a call.



We WILL see an upward move and test of 99.200 BEFORE we see even 90.100.


No, I don't predict.
I read, I execute and I ride.


you don't predict? only when you are right, right??

and

if you don't predict, why not just execute randomly?

:D
 
Quote from marketsurfer:
oh yeahhhh! nailed very nice down wave, holding shorts here in YM.
surf
Nice Surf !
And OMIGOSH, THIS HAS GOT TO BE OMINOUS:
GOOG Closes today at EXACTLY 666.00 ?
Did you see that ?

Looks like break of 12,500 Dow will happen this week.

This is setting-up to be a "Red, Red Christmas" for long-term investors.
 
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