The Surf Report

[Scientist]

I'm still waiting for ask volume to diminish to reverse my pos to short... The opposite is happening. Ask volume is growing, now on both ES & NQ!

With so many people convinced to sell, price simply has to go up. The market will always go against the opinion of the majority, since this is the only way a minority can profit from a majority. This is how I trade, anyway...

Fortunes,
~Scientist

 

[AMT4SWA]

I have placed a limit to ADD 10% to my ES SHORT position at 1048 if we get there....will wait and watch.

Chris

 

[AMT4SWA]

1048 filled...for a 10% ADD to my ES SHORT Position Trade. All of todays ADD's now make up 50% of my total Position Trade.

Chris

 

[illiquid]

Quote from Scientist:


With so many people convinced to sell, price simply has to go up. The market will always go against the opinion of the majority, since this is the only way a minority can profit from a majority. This is how I trade, anyway...

Heh, who are you talking to other than the 2 people posting trades on this thread? IMO most ppl bought last friday in antcipation of a thin-holiday rally . . .

 

[nkhoi]

Quote from illiquid:



Heh, who are you talking to other than the 2 people posting trades on this thread? IMO most ppl bought last friday in antcipation of a thin-holiday rally . . .

imho, most ppl stay out of market and take off for whole week.

 

[Andre]

I have a report. I saw surf this weekend in Vegas. No, wait, it was Elvis. No, Michael Jackson. Durn it, I'm just pissed that Surf didn't make it. He wasn't here, said he had to wash his hair. There were sightings of Charles Barkley and Michael Jordan, by fellow attendees.

André

 

[marketsurfer]

Quote from Andre:

I have a report. I saw surf this weekend in Vegas. No, wait, it was Elvis. No, Michael Jackson. Durn it, I'm just pissed that Surf didn't make it. He wasn't here, said he had to wash his hair. There were sightings of Charles Barkley and Michael Jordan, by fellow attendees.

André

LOL, andre !! are you attending NYC expo in feb ?? i will absoultely be there !


surfer

s

 

[taodr]

Quote from AMT4SWA:

I have placed a limit to ADD 10% to my ES SHORT position at 1048 if we get there....will wait and watch.

Chris

They should send you to IRAQ, you'll scare the shit out of those bastards with your steely nerve.

 

[marketsurfer]

holding shorts here, stirred not shaken out yet ! holding to analysis results at this time.

:eek:

 

[Scientist]

Quote from LongShot:

you know you're somewhat of a hotdog.. i think you're going down

Are you coming here just to discourage people with open positions?

I've been short since 48.25, and I'm long playing with the "house money". Just waiting for the pop of the tops, and I'm pretty confident it will happen. NQ is just waiting to drop and pull ES with it. That's my story, anyway.

You can stay in your long(shot). Good Luck.