The Surf Report

[marketsurfer]

today we are watching CYBX, PARD, UQM as potential longs.

staying flat YM within the channel, after getting burned moretimes than I would like to admit second guessing the system-- the current channel is 9577 to 9493 YM.

remember, short below, long above and FLAT in the middle.

best,

surf

 

[marketsurfer]

Quote from EPrado:

This whole thing is beyond embarassing for Surf. Even more embarassing is him claiming he is "famous" or "well known". Dave is a nice guy....but he isnt well known at all. Outside of ET he is a guy who writes an occasional column on Yahoo and has interviewed a few fund managers. If sitting down and talking with a well known fund manager makes one famous, then I guess I am famous as well ......thats ridiculous.


Surf's problem is he wants to be known in the trading world, ergo the name dropping all the time. But let's be serious Surf.....you aren't known at all in the trading world as more than some guy who writes on Yahoo.....nothing wrong with that.


Famous,....thats hilarious.

i would never be ashamed of bad calls. however, when someone goes out of their way to discredit me,by clearly fabricating evidence that's when i get slightly perturbed. by the way, the articles are just about every day on the finance home page, which is read by multi millions, so you decide.

good luck,

surf

surf

 

[MandelbrotSet]

Quote from marketsurfer:

i would never be ashamed of bad calls. however, when someone goes out of their way to discredit me,by clearly fabricating evidence that's when i get slightly perturbed. by the way, the articles are just about every day on the finance home page, which is read by multi millions, so you decide.

good luck,

surf

surf

I have no doubt someone else setup that bullshit account, but I don't think it was Pekelo. It was most likely someone else who wanted to get-in a little back-stab.

Your articles are read on Yahoo and TradetheMarkets among others ... I guess what these people want is for ET to become home to C-Kid, his 100 aliases and all the other riff-raff that a trading website will bring in search of newbies and people who are desperate.
***
A one-off failed call like that, posted on C2?

Amongst 100's posted here and elsewhere?

I call total bullshit!

 

[marketsurfer]

100% correct mandlebrot. i don't know if pekelo did it or not yet, however, he is PROMOTING it rather heavily on this site therefore causing suspicion and furthering the smear campaign.

thanks for the support,

surf

 

[Pekelo]

Quote from B. Rowshan:

So you are saying someone payed to set up smurf,

There was no payment of fees, the first 5 trades are free. That account had only 2 trades.
Now technically it could have been someone else, but he had to know Surf rather well. For example until yesterday I didn't know he was affiliated with Biltmore Capital.

Also, there is/was still a Dave Goodboy on C2, although he only have Analyst notes. He was active in 2006 Dec....(which by the way predates the infamous account set up)

 

[B. Rowshan]

Quote from Pekelo:

There was no payment of fees, the first 5 trades are free. That account had only 2 trades.

Ok understood. But if the "system" went well, who stood to reap the rewards?

 

[volente_00]

Quote from B. Rowshan:

Ok understood. But if the "system" went well, who stood to reap the rewards?

Who ever set the account up, DUH!

Quote from B. Rowshan:

the original resistance at S&P 928-930 now looks to be holding for a few months, I can sell S&P 950 and 1000 calls for July, August and Sept. This trade is a low risk, nice reward trade. And since I believe the odds are in my favor, I am comfortable with it.

 

[Optional]

Sounds like loss-disclosure aversion to me!
When was the alleged GOOG short made?

 

[Magna]

Boyz 'n Girlz,

This thread now returns to trading and marketsurfer's calls. It's The Surf Report, not the let's-discuss-the-moderation thread, nor the let's-endlessly-discuss-C2 thread, nor the let's-make-personal-attacks-thread. Marketsurfer has said he will not be making calls on C2, end of discussion. If you don't like surf's calls and they upset you so much then don't trade them. Duh.

But the personal attacks stop now. Any further off-topic posts will be removed. If you persist because you need to whine and just can't help it then you will be removed. Really girlz, the thread is about trading and things directly related so please act like the disciplined professionals you claim to be and stay with the trading discussions or move on and post your wisdom elsewhere. But Childrens' Time is over. Thanks.

 

[EPrado]

Quote from Tide31:

Thanks EP, didn't know there was a name for it. I used to go couple times a year with Wall St buddies to the trotters and after betting we would have dinner and see who won. Max bet was $100/race. I think the winner got some money from everybody else, I can't remember.

Seeing as I was a rate of return guy I employed a similiar method to 'bridge jumping' but did it with place. With trotters it seemed if the favorite didn't win he often came in second. Always thought it was fixed. I sort of backtested this for years actually. Bored on the train, every night after reading paper I would test my theory out from previous day's races. 4 out of 5 days I would come out positive but 1 day I would always blow up.

I used it at track and got lucky alomost every time. One year I won the macro bet with friends. See your point tho, better off throwing out favorite and boxing 3 for quinella or exactabox. These seemed to be the guys that would win most years.

But I think it would correlate more to an event-driven guy. Like betting on a merger to make .50 cents and lose $18.00 if you're wrong. I think Victor way overlevered options strategies that blew him up every 5 years or so. Then again, that is more like my 4 out of 5 days winners! So maybe your right in that respect.

Your welcome. The term came from the fact that the guy who lost this type of bet was most likely to go to the nearest bridge and jump. Not sure if that ever actually happened.

Its kind of nuts, but you see these bets a lot on harness races /trotters. Which to me is even more nuts because trotters tend to go off stride/finssh off the board more than than thoroughbreds. Way more risky in my opinion.

I know a few guys who bet horses for a living...and do well. To them finding a race where there is a "bad ' favorite is the key. They then get great value on horses who are overlayed big time. But they are beyond patient and wait for these plays to come up.....kind of like a trader who waits out for the best opportunity/set up.