The Surf Report

marketsurfer · Oct 6, 2004

Quote from Fabolo:

Might sounds silly to some, but i'd be long both...
And in both, i mean energy stocks (Age of Oil is fading, fading, fading away...takes time but what is time ?)

Best

hey fab, nice to see you here.

best wishes !

surfer

lsudaytrade · Oct 7, 2004

care to share updates on djia and oil positions?

Good Luck

marketsurfer · Oct 7, 2004

Quote from lsudaytrade:

care to share updates on djia and oil positions?

Good Luck

sure. we gave back some of the profits in the DJIA longs today.

underwater in the oil short trade.

still within the risk parameters on the oil trade and nicely in profits in the DJIA long. will try to advise in real time as possible when they are closed out.

surfer

Wittgenstein · Oct 7, 2004

Quote from marketsurfer:

sure. we gave back some of the profits in the DJIA longs today.

underwater in the oil short trade.

still within the risk parameters on the oil trade and nicely in profits in the DJIA long. will try to advise in real time as possible when they are closed out.

surfer

Good luck. What are your risk parameters?

marketsurfer · Oct 7, 2004

Quote from Wittgenstein:

Good luck. What are your risk parameters?

thank you for the well wishes. i do not discuss specifics of the risk management program. however, i will try to advise in as real time as possible when the positions are closed out.

surfer

marketsurfer · Oct 8, 2004

we are holding all positions again into the open.

no further comments today.

surfer

Wittgenstein · Oct 8, 2004

Quote from marketsurfer:

thank you for the well wishes. i do not discuss specifics of the risk management program. however, i will try to advise in as real time as possible when the positions are closed out.

surfer

Thank you. Looking forward to it.

P.S. Maybe you should your position to the opposite: short DJ - long oil?

marketsurfer · Oct 8, 2004

WHOAAAAAA!!!!!!!! we rode this wave all day in the DJIA, prepared to bail if the upper channel figure of 10033 was broken and the dow decended back into the death channel. we came within less than 2 points, again attesting the relevance of the channel line. we are still long DJIA although we gave up much profit today. holding into next week.

on my way to NYC and westport CT to party with some hedge fundees.

have a great weekend !

surfer

Fabolo · Oct 8, 2004

Keep it up, even though you might not be understood, but some (many ?) does.

Best wishes also.

marketsurfer · Oct 11, 2004

we are simply holding all positions here. nothing new to report.

surfer