The Surf Report

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Quote from ElCubano:



kkd....got pretty close....if /when u enter where would you be putting your stop??? thanks for advise.....peace
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hi,

yes, we got within 3 cents of the short trigger. i would have stops at 32.50. hope this helps.

best,
surfer:)
 
WOW, what a rally thru the nasdaq channel. uncannilly the upper figure of 1327 in the nas composite is the high thus far. we are still FLAT in the channel.

best,

surfer
 
Quote from marketsurfer:

noon report--entered long in nasdaq and was quickly stopped out at 1324 compx equivalent. flat

surfer:)
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Hey Surf - looking at he same kinda action on the s&p too... when something blips up so far so fast, often there's little energy left to push it on thru when it breaks what should be a major s/r line

Keep watching & waiting dude!
 
despite the jumpy nature of the market recently, the system is still operating well by having us FLAT at the open today. will trade mechanically off the gann channels, and am watching MSFT, WMI, KKD for potential day (swing) trades today.

enjoy,


surfer:)
 
at the open, the nasdaq gapped slightly to the upper channel figure of 1327 ( once again verifying the validity ). dropping off of 1327 back into channel. system staying flat.

surfer:)
 
despite being underwater at this time in the long DJIA and NASDAQ positions, i am HOLDING here. I still fully expect a sustained rally soon.

struggling,

surfer:cool:
 
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