The Surf Report

[Thunderdog]

Quote from optioncoach:

Any trader who guarantees something is a trader to fade.

-Confucius Jackson

Prediction + Conviction = Eviction.

 

[Pekelo]

Quote from marketsurfer:
we are stepping outside of the system due to various market conditions presently emerging---
SHORTING YM @ 12996

Surf, you should really try to stick to the RULES. You would be up 60 instead of down -100.....

Edit: make it 110 and -150

 

[Wayne Gibbous]

Quote from optioncoach:

Any trader who guarantees something is a trader to fade.

-Confucius Jackson

"I'm gonna take that muthaf*cker DOWN!"

-Action Jackson

 

[ProfLogic]

Quote from ProfLogic:

Take your YM profit.

Posted exactly 5 minutes after THE Primary bottom oscillation yesterday.

As it happened . . .
Not in hindsight . . .

 

[marketsurfer]

stepping in here shorting one more unit of YM @ 13180.

break even point 13088.

regards,

surf

 

[El OchoCinco]

just.... one.... more..... unit.....

must.... get in.... front .. of train...

 

[Thunderdog]

Quote from marketsurfer:

stepping in here shorting one more unit of YM @ 13180.

break even point 13088.

regards,

surf

Do you have an exit strategy and, if so, would you care to share it with us?

Also, are there any conditions under which you will further add to the position and, if so, approximately where?

Or, are you just too darned flexible and dynamic to commit to a plan?

 

[El OchoCinco]

Surf's scientific method.....

 

[Tracy McGreedy]

This trade really puzzles me. Good luck!

Quote from marketsurfer:

stepping in here shorting one more unit of YM @ 13180.

break even point 13088.

regards,

surf

 

[atticus]

Legitimate question Surf; I thought you were fully-committed with the initial trade?