The Surf Report

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wow, what a down draft today ! however, the reality is that the DJIA has given back less than 2 days of gains. is this simple profit taking or something more sinister at work ?? i am holding longs at this time. 8097 is exit point in DJIA, 1353 in NASDAQ. current neogann channel should be clear soon. will advise.

best,

surfer:)
 
Quote from marketsurfer:

iceman,

nice trading !


best,

surfer
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marketsurfer... thanks.

This is one wild market... who'd ever think we'd sell off 'this much' today, certainly not I. Was actually looking to add shorts on the way up to SPX 200 d EMA. .. and ride them down into mid-April simply based upon years of seeing us sell off into 4/15.

And frankly, I may get a chance but I 'luckily' was able to close some short SPX calls today that dropped $15-19 overnight!!

:eek:.

This "War" is gonna make it a rough ride to hold lots of overnights and sleep. U better get re-stocked on good cigars. :)

Hope you/we/all catch the next wave... long or short.

Regards,

Ice:cool:
 
i am holding all system longs here as the assault on 9000 continues. as stated, the pull back yesterday, only erased less than 2 days of gains. it is funny to read the boards and see everyone's biases surface. the BEAR bias definately has its grip on most traders on this board.


holding longs,,
surfer:)
 
today the DJIA retraced about 21% of the down move yesterday and NASDAQ retraced aprox. 40%. i am holding longs here expecting additional upside.

best,

surferrrrr:)
 
i am currently long SIRI. i am expecting this stock to reach 1.00 to 1.20 . it is totally out of character for me to trade these little stocks, this one just looks good here !!

still long DJIA and NASDAQ.

best,

surfer:)
 
Quote from ElCubano:

XMSR....a competitor of SIRI looks much better on the chart. Why do you like SIRI??......peace...
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volume and i feel it is undervalued. tremendous volume is indicating accumulation at these levels.

best,

surfer:)
 
hey surf,

i must commend you on your outstanding holding here. great work!

(well, at least it seems like it is to me.. i'm pretty new at this overnight stuff...)
 
Quote from marketsurfer:

i am currently long SIRI. i am expecting this stock to reach 1.00 to 1.20 . it is totally out of character for me to trade these little stocks, this one just looks good here !!

still long DJIA and NASDAQ.

best,

surfer:)
More...

surf...

a penny stock?

K... what he heck.. bought a few with some "gambling" money. Don't like to gamble on these... but you seem to be on a roll so disregarding Livermore's advice to not listen to "tips" (actually you did not recomend it, I know)......

I'm in business on Blue Star Airlines!

:D :p

Iceman
 
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