The Surf Report

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we wil be trading off the following channel levels:

DJIA 10453 ---- 10527

NASDAQ 2033-- 2083

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

best,

surfer
 
shorted the djia, then covered as the index came back into the channel for a scratch trade minus comm.. we are flat here the dow and nasdaq. channel figures still the same. our new short EYE is profitable today.

s.
 
Quote from hoodooman:

why don't you post your stops on these trades.
regards



stops are discretionary in the system. they are totally up to the trader and their risk tolerance.

best,

surfer
 
after you called the short at 10:37, eye broke out and even made a higher high up to 20.10. How far would you have allowed it to run up?
regards
 
Quote from hoodooman:

after you called the short at 10:37, eye broke out and even made a higher high up to 20.10. How far would you have allowed it to run up?
regards


sorry hoodoo. i thought you were speaking of the index trades. i do try to post stops for the individual equities. i was stopped out and reentered on break. see maketsurfer stockpick #5 for details of stop.

surfer
 
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