don't know, SG. yeah, i remember trading options off an original qoutrek from my desk at work--- had to hide it in my drawer.
good luck!!
surf
The Surf Report
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don't know, SG. yeah, i remember trading options off an original qoutrek from my desk at work--- had to hide it in my drawer.
good luck!!
surf
<b>MONSTER MONSTER MONSTER!!!</b>
you nailed it LOL!
<i>"MONSTER MONSTER MONSTER!!!"</i>
It's about time you returned to swing trading, surf. Nailed 'em right between the eyes, down and up this time
I've been buying and buying and buying ES all afternoon. Got chopped for awhile, was down -8pts in the trough. Finished at +35pts on final exit at 1318. Saw one more long signal at 1320, pondered clicking it in, shut down and walked away instead.
Left a few on the table there, but you picked them up for me.
Congrats on wise trade management in 2008
It's about time you returned to swing trading, surf. Nailed 'em right between the eyes, down and up this time
I've been buying and buying and buying ES all afternoon. Got chopped for awhile, was down -8pts in the trough. Finished at +35pts on final exit at 1318. Saw one more long signal at 1320, pondered clicking it in, shut down and walked away instead.
Left a few on the table there, but you picked them up for me.
Congrats on wise trade management in 2008
surf, I had an earlier Quote Trek model than that. . . circa
1985
and i traded off it while piloting an oil tanker around ny harbor. . .
and i have witnesses!
sportsguy
i told sunny last night that at times like this, you have to hold your nose and buy. . . I had posted a note from the aegeancapital newsletter that had the exact same forecast as
you had, but i guess i never hit submit. . . LOL!
here it is from Monday night:
(1-18-08) All the technical patterns (positive divergences) suggest that a trade-able rally ought to start by mid-week, and if you can stomach the volatility, it will turn out to be a rather rewarding experience. However, keep in mind the following: the price pattern (see chart below) suggests that we are in a bear market -price has broken down below the two key moving averages which are the demarcation point between bull and bear markets. The obvious question is this; are we in a 1998 type of environment -which means, after a brief pullback below the averages the bull market will resume, OR, have we entered a bear market -which means, after a failed rally back up to the averages the bear market will re-assert itself in earnest? The answer is: NOBODY REALLY KNOWS AT THIS POINT, BECAUSE NOBODY REALLY KNOWS HOW DEEP THE SUB-PRIME MORTGAGE MESS HAS SPREAD THRU-OUT THE U.S. ECONOMY. Never-the-less, the beauty of technical analysis lies is the fact that price action -itself- often clarifies the seemingly "unknown." At the moment we can expect a rally back up to the averages, and then we will re-evaluate based upon the price action at that time. Bottom line: be prepared for gut-wrenching volatility and a sharp rally. If you have the stomach for it, you can profit handsomely, if you don't, stay on the sidelines, go to the beach, do something else, don't get involved with the market for a while!
1985
and i traded off it while piloting an oil tanker around ny harbor. . .
and i have witnesses!
sportsguy
i told sunny last night that at times like this, you have to hold your nose and buy. . . I had posted a note from the aegeancapital newsletter that had the exact same forecast as
you had, but i guess i never hit submit. . . LOL!
here it is from Monday night:
(1-18-08) All the technical patterns (positive divergences) suggest that a trade-able rally ought to start by mid-week, and if you can stomach the volatility, it will turn out to be a rather rewarding experience. However, keep in mind the following: the price pattern (see chart below) suggests that we are in a bear market -price has broken down below the two key moving averages which are the demarcation point between bull and bear markets. The obvious question is this; are we in a 1998 type of environment -which means, after a brief pullback below the averages the bull market will resume, OR, have we entered a bear market -which means, after a failed rally back up to the averages the bear market will re-assert itself in earnest? The answer is: NOBODY REALLY KNOWS AT THIS POINT, BECAUSE NOBODY REALLY KNOWS HOW DEEP THE SUB-PRIME MORTGAGE MESS HAS SPREAD THRU-OUT THE U.S. ECONOMY. Never-the-less, the beauty of technical analysis lies is the fact that price action -itself- often clarifies the seemingly "unknown." At the moment we can expect a rally back up to the averages, and then we will re-evaluate based upon the price action at that time. Bottom line: be prepared for gut-wrenching volatility and a sharp rally. If you have the stomach for it, you can profit handsomely, if you don't, stay on the sidelines, go to the beach, do something else, don't get involved with the market for a while!
surf,
i went to the USMMA, US merchant marine academy to be a ship captain. During freshman year in 1976, my economics professor taught us about options. . . I started trading them in 1982, after i got a job and had some money
The first or second options trade was a 10 bagger, bought for $200, sold for $2,000 - I was hooked. . . used the Zweig Forecast and compuserve financial chat when it was first invented. Actually had online conversations with Mark Cuban in the early 90s. . though i didn't know who he would become at the time. on compuserve, he used his own name.
sportsguy
i went to the USMMA, US merchant marine academy to be a ship captain. During freshman year in 1976, my economics professor taught us about options. . . I started trading them in 1982, after i got a job and had some money
The first or second options trade was a 10 bagger, bought for $200, sold for $2,000 - I was hooked. . . used the Zweig Forecast and compuserve financial chat when it was first invented. Actually had online conversations with Mark Cuban in the early 90s. . though i didn't know who he would become at the time. on compuserve, he used his own name.
sportsguy
surf
great to see you here. I was a prop trader in dc. Last time we talked you were headed to the point to point or another steeple chase around the main line. That was back in 01. You seem to be as intune with the markets as ever. I gettng back into trading and might have some questions if you dont mind.
cheers
W
great to see you here. I was a prop trader in dc. Last time we talked you were headed to the point to point or another steeple chase around the main line. That was back in 01. You seem to be as intune with the markets as ever. I gettng back into trading and might have some questions if you dont mind.
cheers
W
ok, suggest continuing to hold YM longs into friday once again.
will make decision tomorrow to close or not, it's starting to get a little dicey, caution is suggested.
stay short OIL.
regards,
surfa
will make decision tomorrow to close or not, it's starting to get a little dicey, caution is suggested.
stay short OIL.
regards,
surfa
hey man,
LONG time no talk. i remember--- radnor hunt or winterthur--- forget the event/party---those were the days man!! days of champagne,parties, cars, and horses.... working with a NYC fund in marketing right now, writing, trading. Sure, stay in touch.
thanks for the kind words/memories.
surf
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