The Surf Report

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Quote from marketsurfer:

CLOSE all LONGS here 10050 DJIA. staying short oil. will elaborate on reasons later. taking profits.

this is mission CRITICAL. go FLAT

surfer
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I think this is a pretty wise decision, considering the upcoming elections. I've softened or exited most of my overnights completely, at least flat on all US indices. Not to mention my currency longs against the USD could all go down the toilet if Kerry gets elected. Why take unnecessary risks. :cool:
 
Quote from Scientist:

I think this is a pretty wise decision, considering the upcoming elections. I've softened or exited most of my overnights completely, at least flat on all US indices. Not to mention my currency longs against the USD could all go down the toilet if Kerry gets elected. Why take unnecessary risks. :cool:
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thanks, scientist. last election SP dropped 8%....... for the sake of this rally, lets hope for a decisive winner. FLAT here entering tuesday. we will trade the channel.

the new channel for the DJIA is 9997--10077.
staying short OIL.

surfer
 
Quote from Scientist:

I think this is a pretty wise decision, considering the upcoming elections. I've softened or exited most of my overnights completely, at least flat on all US indices. Not to mention my currency longs against the USD could all go down the toilet if Kerry gets elected. Why take unnecessary risks. :cool:
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Im pretty much one of the most risk adverse people I know when it comes to the market, but I dont see the coming election as being as big of a risk as most people seem to think it is. Either I'm missing something or they are..we will know very soon.

Brandon
 
Quote from Scientist:

I think this is a pretty wise decision, considering the upcoming elections. I've softened or exited most of my overnights completely, at least flat on all US indices. Not to mention my currency longs against the USD could all go down the toilet if Kerry gets elected. Why take unnecessary risks. :cool:
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If Kerry wins, we will get a big dollar rally.
 
Quote from Wittgenstein:

If Kerry wins, we will get a big dollar rally.
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Oh man! Duh! What did I write here???
Quote from Scientist: [...] Not to mention my currency longs against the USD could all go down the toilet if Kerry gets elected.
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If Kerry gets elected, yes the Dollar could skyrocket. Which means that "my currency longs AGAINST the USD (=short USD) will likely go down the toilet = go down.

Next time you quote something out of the blue, make sure you read more carefully. Cheers.
 
Quote from Brandonf:

Im pretty much one of the most risk adverse people I know when it comes to the market, but I dont see the coming election as being as big of a risk as most people seem to think it is. Either I'm missing something or they are..we will know very soon.

Brandon
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as one the best traders i know, i respect your opinion--however be careful. if this election is contested like 2000 look out. the SP dropped 8% in a month.

best wishes,

surfer
 
Quote from Scientist:

Oh man! Duh! What did I write here???If Kerry gets elected, yes the Dollar could skyrocket. Which means that "my currency longs AGAINST the USD (=short USD) will likely go down the toilet = go down.

Next time you quote something out of the blue, make sure you read more carefully. Cheers.
More...

cheers scientist ! are they talking about the election in aussie land ?? whats the word there ?

surfer
 
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