The Surf Report

marketsurfer · Jan 9, 2004

Quote from Scientist:

Ironically I just went through my "auto-sort" folders and addresses in my Outlook, and realized that I have both "David Goodboy" and "marketsurfer" folders, in my symptomatically chaotic fashion. While on second thought clearly redundant, I think it does reflect a good deal of enthusiasm.

thats why i am getting all the spam ! just kidding !

holding shorts at this time.

best,

surfer

CPTrader · Jan 9, 2004

Quote from vhehn:

imho writing naked calls is just about the worst possible thing to do in this market. first of all the volitility is so low you get peanuts for premium and you open yourself up to tiny gains in exchange for unlimited losses.

Selling volatility is EXTREMELY RISKY - highly unwise.

Lawrence Chan · Jan 9, 2004

started shorting after 11 am ET too.

I also hold overnight

will see what happen.

marketsurfer · Jan 9, 2004

Quote from bobcathy1:

Surf, everyone in the chat I am in is short too. You are not alone in this by any stretch. I am short ER2, I think that is going to lead the parade this time. We are all rooting for you!

GO SURF

thanks, cathy. holding shorts here.

surfer

marketsurfer · Jan 9, 2004

finally ! we were 2 days early in our short call, rode an adverse wave up, but trusted the analysis and are now nicely in profits in DJIA shorts. still negative in nasdaq shorts. holding here.

best,

surfer

marketsurfer · Jan 9, 2004

Quote from Lawrence Chan:

started shorting after 11 am ET too.

I also hold overnight

will see what happen.

nice work !

surfer

Baruch · Jan 9, 2004

Good luck. Bad news send Nasdaq back up. Do you think good news will send it down?

Lawrence Chan · Jan 9, 2004

Quote from marketsurfer:

nice work !

surfer

Thanks.

I do like to see closing below the morning low, but tape painting team is working very hard at the moment to fulfill the Jan 1st week effect

Will see what happen on Monday

marketsurfer · Jan 9, 2004

Quote from Lawrence Chan:

Thanks.

I do like to see closing below the morning low, but tape painting team is working very hard at the moment to fulfill the Jan 1st week effect

Will see what happen on Monday

yes, monday is critical.

surfer

rttrader1 · Jan 9, 2004

Quote from marketsurfer:

finally ! we were 2 days early in our short call, rode an adverse wave up, but trusted the analysis and are now nicely in profits in DJIA shorts. still negative in nasdaq shorts. holding here.

best,

surfer

Nice work Dave...looking forward to seeing how this goes ...keep up the great work!

rttrader1 -