The Surf Report

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greetings,

is this the bulls final conflict ?? i am widening my long stop point in the DJIA 7927 due to confidence in upmove. there is a strong possibility that the djia will base at this level. still long nasdaq, msft

surfer
 
the system calls for 2 more long entries at the upper channel figure in the DJIA before reevaluation of the channel. there has only been 3 times since 1999 that all allowable attempts at entry were not succesful. will trade the DJIA mechanically off the upper channel 2 more times.

best,

surfer:cool:
 
the system placed us long today above the channels figures and we have locked in profits ( baring an extraordinary drop at the open monday) via trailing stops. this time, we will take profits before giving them back as we did earlier on this wave. will ride this upwave as far as possible in NASDAQ, MSFT, and DJIA. i am PSYCHED !!!

rock on,

surfer:cool:
 
Quote from marketsurfer:

the system placed us long today above the channels figures and we have locked in profits ( baring an extraordinary drop at the open monday) via trailing stops. this time, we will take profits before giving them back as we did earlier on this wave. will ride this upwave as far as possible in NASDAQ, MSFT, and DJIA. i am PSYCHED !!!

rock on,

surfer:cool:
More...

These are the days of the "extra" ordinary, aren't they?

I am glad to see you making adjustments to taking profits sooner. Until the Iraq situation is settled, the markets will continue to be unsettling for traders.

In these historic times we are surviving, traders must let go of the past, and trade what works and what is in front of them. To think like we did 3 years ago in our trading, to assume what was working then will necessarily work now, is a ticket to either the poor house, or the mad house.
 
Quote from OPTIONAL777:



These are the days of the "extra" ordinary, aren't they?

I am glad to see you making adjustments to taking profits sooner. Until the Iraq situation is settled, the markets will continue to be unsettling for traders.

In these historic times we are surviving, traders must let go of the past, and trade what works and what is in front of them. To think like we did 3 years ago in our trading, to assume what was working then will necessarily work now, is a ticket to either the poor house, or the mad house.
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well said, 777.

surf:cool:
 
Quote from OPTIONAL777:



To think like we did 3 years ago in our trading, to assume what was working then will necessarily work now, is a ticket to either the poor house, or the mad house.
More...

I fear I have already entered the latter house... fortunately I lost my key to the former house...
 
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