The Surf Report

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we are still short the djia from 7997 and short the nasdaq from 1297. we have retained 77 point of profit in djia and are even in the nasdaq. holding shorts here.

best,

surf
 
the nasdaq gapped up directly above the lower channel figure causing our stops to be triggered. the system is currently flat the nasdaq awaiting a break down thru lower channel to trigger shorts. we are still short and holding the DJIA positions sub channel. today i am daytrading MSFT via TA and it is acting nicely.

best,'

surrfer
 
oh yeah ! the system positioned us very nicely and kept us short during the turmoil this morning capturing this down wave. currently short nasdaq, djia, msft, and sp500 via spy as experiment. HOLDING HERE.

best,

surfer:)
 
we are holding the system shorts thus far today. the next CRITICAL neogann level in the djia is 7777, next level in nasdaq is 1273. these are crucial support levels in this time/price juncture.

short,

surfer:)
 
thanks man. it's been a great ride ! i am holding short going into the open today. my exit will be discretionary, i will attempt to post as soon as ( if) we exit the shorts today.

best,

surfer :)
 
Quote from marketsurfer:

what power these bear market rallies exhibit. the system is still SHORT and we are holding shorts overnight.

best,


surfer:)
More...

Can you imagine the power of the bear market rally on the news of bombing or end of Hussein's regime?
 
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