The Surf Report

[marketsurfer]

we are flat in the indexes here. the DJIA came with 4 points of the lower channel figure and went back into the channel. staying flat awaiting channel breakage. flat nasdaq.

 

[marketsurfer]

system is currently flat the dow, after being stopped out on break back up thru lower channel line. it is SHORT the nasdaq with small profit at this time.

the surf report is going to be temporarily suspended. thank you for joining me on this journey and i will see you when i return !!

best,

surfer

 

[wareco]

Say it ain't so, Joe.

 

[zman7854]

Enjoyed trading along with you surf, hope to see you back soon your a huge asset to the ET community.

 

[blackguard]

Quote from marketsurfer:

system is currently flat the dow, after being stopped out on break back up thru lower channel line. it is SHORT the nasdaq with small profit at this time.

the surf report is going to be temporarily suspended. thank you for joining me on this journey and i will see you when i return !!

best,

surfer

good luck whatever you will be doing! I enjoyed reading your insights.

blackguard

 

[rttrader1]

Surf,

Been quiet this week, anything shakin?

rttrader1-

 

[marketsurfer]

our trading channel levels for the DOW are :

10727-----10673---long above , short below and FLAT in the middle.

 

[marketsurfer]

greetings,

our system fired longs this morning when the upper channel figure was violated. we stayed long most of the day, then the index dropped back into the death channel and quickly broke out thru the bottom channel line. by utilizing trailing stops , we managed a small profit on the long entry. currently SHORT the djia here sub channel.

see the attached chart.

surfer

 

[marketsurfer]

another view of the djia. note the severe decline thru the channel breaking out of the bottom. the figures are proving significant.

surf

 

[facultus]

You decided to keep the circles in your chart huh? You could probably sell the TMSCI (Technical Market Surfer Circle Indicator)