The Surf Report

marketsurfer · Nov 4, 2004

missed it !
well, we decided to sit out today and missed the phat wave up. our short OIL trade is doing very well, but it still is a bit disturbing to have missed such a massive up day in the indexes. we are flat the indexes here.

Fabolo · Nov 4, 2004

And take a break when waves are unlikely, never get caught should be a surfer testimony.

Surf, Dude, in anyway................

ZZZzzzzzzz · Nov 5, 2004

You are disturbed about missing a move in the market?

That in itself is the most disturbing aspect, and I suggest you focus on that.

A perfect trader is never disturbed, as he knows he will never be perfect.

Quote from marketsurfer:

missed it !
well, we decided to sit out today and missed the phat wave up. our short OIL trade is doing very well, but it still is a bit disturbing to have missed such a massive up day in the indexes. we are flat the indexes here.

GeeTO69 · Nov 5, 2004

this statement is illogical haha

Wittgenstein · Nov 6, 2004

Quote from marketsurfer:

missed it !
well, we decided to sit out today and missed the phat wave up. our short OIL trade is doing very well, but it still is a bit disturbing to have missed such a massive up day in the indexes. we are flat the indexes here.

Stocks up and dollar down - it can't go on forever. At one point the dollar crisis will smash the stock markets.

trade4succes · Nov 6, 2004

Quote from Wittgenstein:

Stocks up and dollar down - it can't go on forever. At one point the dollar crisis will smash the stock markets.

Come on, stocks should go up when dollar down ceteris paribus.

Wittgenstein · Nov 6, 2004

Quote from trade4succes:

Come on, stocks should go up when dollar down ceteris paribus.

Lower dollar means higher rates, and a dollar crisis will send the short rates to the moon.

trade4succes · Nov 7, 2004

Quote from Wittgenstein:

Lower dollar means higher rates, and a dollar crisis will send the short rates to the moon.

who says higher dollar means higher rates?

Wittgenstein · Nov 7, 2004

Quote from trade4succes:

who says higher dollar means higher rates?

Not me. Lower dollar=more inflation/higher growth=higher rates.

Wittgenstein · Nov 7, 2004

Quote from marketsurfer:

missed it !
well, we decided to sit out today and missed the phat wave up.

Well, it was the biggest one-day move in several years. Why didn't you catch it? We all got the data the same time.