The Surf Report

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Quote from marketsurfer:

we are betting this will be a "buy the rumor, sell the news" scenerio on the fed meeting. going into the YM here at 9340 short-- ALL IN, no scaling.

this is possibly a historic short set up---- YM SHORT 9340


best wishes,

surf

"You're going the wrong way." :D

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After suffering an almost max pain excursion from the early entry---- the eco numbers have FINALLY resulted in solid and fast selling--- continuing to hold shorts from 9340---- in retropect, an averaging into the call would have have been the wisest move--- but being early is better than missing the HUGE IMPENDING DOWN WAVE totally. keep the faith....

best,
surf
 
Quote from marketsurfer:

After suffering an almost max pain excursion from the early entry---- the eco numbers have FINALLY resulted in solid and fast selling--- continuing to hold shorts from 9340---- in retropect, an averaging into the call would have have been the wisest move--- but being early is better than missing the HUGE IMPENDING DOWN WAVE totally. keep the faith....

best,
surf

OK. good luck. wheres ur stop
 
Quote from marketsurfer:

After suffering an almost max pain excursion from the early entry---- the eco numbers have FINALLY resulted in solid and fast selling--- continuing to hold shorts from 9340---- in retropect, an averaging into the call would have have been the wisest move--- but being early is better than missing the HUGE IMPENDING DOWN WAVE totally. keep the faith....

best,
surf

Surf my man......this is looking a lot like your Crocs trade.
 
Quote from marketsurfer:

After suffering an almost max pain excursion from the early entry---- the eco numbers have FINALLY resulted in solid and fast selling--- continuing to hold shorts from 9340---- in retropect, an averaging into the call would have have been the wisest move--- but being early is better than missing the HUGE IMPENDING DOWN WAVE totally. keep the faith....

best,
surf

Hey Surf,

Best of luck with your trade.

How long do you plan to hold this and/or what will be your exit(s) if it works out or doesn't work out?

Respectfully,

Robert
 
Quote from marketsurfer:

we are betting this will be a "buy the rumor, sell the news" scenerio on the fed meeting. going into the YM here at 9340 short-- ALL IN, no scaling.

this is possibly a historic short set up---- YM SHORT 9340


best wishes,

surf

a true Connors disciple would not short with YM above 200 day SMA...


Larry
 
Quote from shortie:

a true Connors disciple would not short with YM above 200 day SMA...

I concur. Connors is the only one out there teaching retail traders a real edge. his "how markets really work" and "high probability ETF Strategies" are by far the best how to books ever written on trading.

with that said, i'm in this trade now and holding.....

surf
 
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