The Surf Report

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Just so you know, there was huge put buying in spx pit today, as well as shorts coming into the market in size..... around 1060 level.

Now keep in mind....these shorts are Jan Puts but the size is starting. So.....i would have to guess that these "funds" with size are expecting to take a little heat.
 
Quote from vhehn:

Attachment: nq weekly chart.prophet.pdf
This has been downloaded 7 time(s).
link not working.
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tip: save it then open it from your pc
 
thanks everyone for your thoughts and encouragement on my short trade. the market activity today prompted me to continue to hold the shorts. my analysis is apparently several trading days early, as it was on my last major call, i am holding shorts here. still short BBI, and long GMH

will post the next neogann levels as soon as they are calculated.


best,

surfer
 
Quote from BlueHorseshoe:



Time to bail Surf-dude. This wave is cresting and the reef is wicked. :)
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it's just starting, dude. holding all shorts here. short DJIA, short BBI, long GMH. will post next gann channels shortly. stay tuned.

best,

surfer:)
 
Quote from marketsurfer:





it's just starting, dude. holding all shorts here. short DJIA, short BBI, long GMH. will post next gann channels shortly. stay tuned.

best,

surfer:)
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I 2nd that.

it is actually time to consider adding some more shorts at these higher price levels if you can stand the rain.

WAY 2 GO SURF DUDE!:D
 
Quote from T-REX:




I 2nd that.

it is actually time to consider adding some more shorts at these higher price levels if you can stand the rain.

WAY 2 GO SURF DUDE!:D
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thanks, rex. we are in a holding pattern here with the shorts. patience is KEY with this trade. 8 calendar days in.

rock on,

surfer d.
 
Quote from woodfish:

Just wanted to drop in and say hello to Dave.

Hope all is well ,

Woodfish
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hey woodfish, nice to have you here. looking forward to my next trip to your island. vic's multi day event in CT ( great time, by the way) cut my time on the island this year. will be returning in the spring.

holding all positions over the weekend..... still ascertaining next channel figures.

best,

surfer:)
 
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