The Surf Report
- Thread starter marketsurfer
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we are currently FLAT in DJIA and NASDAQ, the 20 sma stop worked nicely, taking us out right before the major run up. i will be using the 20 sma to re-enter shorts here in nasdaq and djia.
best,
surf
best,
surf
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Nice rally; and that usually means weak gold stocks like today.Still short very,very, weak SPY related stocks from yesterday.
Almost all trends are down for them.==========
Hunter and family; i opened my refrigerator [icebox] and there is a polar bear picture on an apple bag.
Hunter I look for patterns anywhere. You must be about 2.777 years.greetings,
caught a very nice downwave, exited on the 20 sma breakage for nice profits. attempted to scalp a bit by trading the 20 sma breakage outside of the system, taking a small loss. curently flat. the neo gann channels are currently 1297 to 1353 in nasdaq and 8057 to 8203 in djia. awaiting entry.
have a nice weekend,
surfer
caught a very nice downwave, exited on the 20 sma breakage for nice profits. attempted to scalp a bit by trading the 20 sma breakage outside of the system, taking a small loss. curently flat. the neo gann channels are currently 1297 to 1353 in nasdaq and 8057 to 8203 in djia. awaiting entry.
have a nice weekend,
surfer
presently short DJIA from 8057, flat NASDAQ. will trail by 20 points in djia at this time. but as always, your exits are up to you.
best,
surfer
best,
surfer
our shorts were stopped out with the 20 point trailers for a 25 point gain in the DJIA. currently flat.
best,
surfer
best,
surfer
we are currently flat in the neogann channel. 1297-1353 in nasdaq and 8057 to 8203 in djia. the following information is of little use to active intraday traders, but if your time horizon is the next several years, my cyclical research indicates that the bottom will be in (finally) by the end of 2003 in the sp500, djia, and nasdaq. take it as you will.
best,
surfer
best,
surfer
Quote from marketsurfer:
we are currently flat in the neogann channel. 1297-1353 in nasdaq and 8057 to 8203 in djia. the following information is of little use to active intraday traders, but if your time horizon is the next several years, my cyclical research indicates that the bottom will be in (finally) by the end of 2003 in the sp500, djia, and nasdaq. take it as you will.
best,
surfer
If you longer term numbers are correct, that is fantastic news for the buy and holders sitting on the sidelines, in cash, waiting for the last major stock sale of this cycle.
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