The Surf Report

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our index system longs profited nicely today, as well as the AZO short. holding all positions overnight into wednesday open. still expecting dow 9000 shortly.

best,

surf
 
my entire screen is red during this sell off. maximum adverse excursion has almost been reached in our system longs. we are still holding longs barely. the AZO short is balancing out the losses on the long side at this time--nearing 7 points of profit here on large short position. stirred not shaken---yet.

best,

surfer:eek:
 
"paradoxical intention is the phenomenon of whereby the more we make something a target, the more likely we are to miss it"

:cool:
 
Quote from marketsurfer:

my entire screen is red during this sell off. maximum adverse excursion has almost been reached in our system longs. we are still holding longs barely. the AZO short is balancing out the losses on the long side at this time--nearing 7 points of profit here on large short position. stirred not shaken---yet.

best,

surfer:eek:
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I guess that is why they call them realized profits.....
 
Quote from marketsurfer:

scalped a bit in MSFT long and short LIVE in the elite chat room today. still holding all system longs despite shake down today.

long surf
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LIVE? That sounds scarry!

nitro
 
Dave,

Nice trade on this. I'm sure u have ur stops set, I'd be looking 4 an xit on this somewhere in here, unless it just pukes large here 4 some reason.

I've followed since u posted it. The reason I say this is it has a nice sharp selloff here, & a daily ADX @ 49.2, very strong trend. Could get stronger of course, it's an early warning to be on alert 4 the reversal. Looks to be near some S here in the low 60s possibly.

Awesome trading, I know you'll do well. Should I make it back in time, or on a daily I'll stock the long 4 a scalp or swing, whatever it'll give.

Trade Well & God Bless!
GFtY!

Kelly
 
Quote from glassinc:

Dave,

Nice trade on this. I'm sure u have ur stops set, I'd be looking 4 an xit on this somewhere in here, unless it just pukes large here 4 some reason.

I've followed since u posted it. The reason I say this is it has a nice sharp selloff here, & a daily ADX @ 49.2, very strong trend. Could get stronger of course, it's an early warning to be on alert 4 the reversal. Looks to be near some S here in the low 60s possibly.

Awesome trading, I know you'll do well. Should I make it back in time, or on a daily I'll stock the long 4 a scalp or swing, whatever it'll give.

Trade Well & God Bless!
GFtY!

Kelly
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kelly,

nice hearing from you. thank you for the analysis, i agree. when i first saw the chart of AZO it was classic and clear. you will make it back !

best,

surf:)
 
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