The Surf Report

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Quote from marketsurfer:

over 24% VIX up here--monster.

suggest stay short into monday.


surf

The 5 acres of S&P Puts I bought last week are producing some nice flowers.

Crude is beautiful.

Gold is sparkeling.

The Euro is on fire.

Life is good.
 
Quote from ProfLogic:

The 5 acres of S&P Puts I bought last week are producing some nice flowers.

Crude is beautiful.

Gold is sparkeling.

The Euro is on fire.

Life is good.


nice work, doctor.

surf
 
we are extremely bearish at surfer's NYC holdout. pessimsim is getting strong in the air, but not quite enough to single a bottom or a continuation of the shap. severe bear market rallies that sweep thru these types of situations, knocking out the weak shorts and sucking in more and more capital.

suggest holding shorts into monday.

surf
 
at this point, 12307 looks like strong resistance on the upside in the YM. If you are jonesing to get long, upper channel line here would be relevant--12193 is the lower line.

holding shorts from original entry...


remember longs today are suggested as daytrade only if the upper channel line is snapped--- and they should be exited IMMEDIATELY at the first sign of pull back--for nimble and risk taking surfers only.

best surf
 
Quote from marketsurfer:

system whipsawed a bit, suggest SHORTING now, unless you already are.

anyone trading may wish short @ 12294 right NOW.


surf

you da man...

i think i'll keep my subscription to this thread...
 
Quote from rc5781:

you da man...

i think i'll keep my subscription to this thread...



thanks, we know our stuff here at the surf shack NYC outpost.

surf:D


sending out the voodooooo market whammy:

<a href="http://tinypic.com" target="_blank"><img src="http://i29.tinypic.com/2lw91l4.jpg" border="0" alt="Image and video hosting by TinyPic"></a>
 
Quote from marketsurfer:

sending out the voodooooo market whammy:

<a href="http://tinypic.com" target="_blank"><img src="http://i29.tinypic.com/2lw91l4.jpg" border="0" alt="Image and video hosting by TinyPic"></a>
LMAO

JJ
 
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