The Surf Report

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suggest continuing to hold short YM here, expecting much more downside. HOWEVER, be prepared for violent adverse moves intraday as is typical of bear markets--these moves can be traded by nimble day traders if desired.

regards,

surf
 
Quote from armoured saint:

surf,

looks very weak.. congrats!~

ride the downwave!
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thanks man.


we are in the midst of one of the predicted violent reactions to today's DJIA selling. nimble traders can try to catch it, otherwise suggest holding shorts OR shorting the spikes if you are not in, there is more downside coming, much more....

regards,

surf
 
remember, surfers be ultra careful with the violent upmoves in the DJIA--- all very typical of whats to come. i have seen this before, the cycle is repeating....


suggest holding YM short.... the oil shorts are smoking, expecting < 64 within time frame stated earlier.


regards,
**surf


ps. freaking 50k to rent out the GHR at 666 for the evening, looks like the surffest will need to be at tad's this year....:D
 
XAU Feb 165 gold puts working out nicely
DJX Mar 127 puts working out nicely

ALC purchase profitable
SUNH purchase under water

a few other long term longs were bought. . .
slightly underwater

a few other bank puts bought, slight profit. .

sportsguy
 
Quote from sportsguy:

XAU Feb 165 gold puts working out nicely
DJX Mar 127 puts working out nicely

ALC purchase profitable
SUNH purchase under water

a few other long term longs were bought. . .
slightly underwater

a few other bank puts bought, slight profit. .

sportsguy
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nice work, SG.

a crash is becoming more and more likely here, but remember, markets never go straight down but they do tip their hand before it happens. take a look at the days prior to 1987 crash, just be ready......

Suggest holding YM shorts with FAT profits here

Suggest holding OIL short, sub 64 is in the cards.

prepare for violent, grey hair inducing upmoves intraday--- these can be traded by nervy day operators for tremendous profits......

surfer.


ps. thanks to the "benefactor" once again...:D
 
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