January 30, 2021 | Leave a Comment

Zubin Al writes: 

At a surf break, the waves tend to focus and break in a small area ideal for taking off in a surfboard.  In a normal surf line up where the surfers wait for waves people crowd up, and informally queue up for their turn at the wave. However, 20% of the surfers usually get 80% of the waves.  These are the top feeders.  

I've learned how to foil surf on hydrofoils that fly above the water.  The take off spot is in a different spot that where the board surfers drop in, and the high speed and efficiency of the foil allow riding in places where the board riders don't and can't ride.  I can also ride breaks and wave conditions where board riders cannot and don't want to ride.  After close to 60 years surfing, its opened up a whole new world of surfing for me.  Due to the extreme difficulty learning to foil, and the very high expense of the equipment, there are only a handful of foil surfers around.  We reap uncrowded waves and   thrilling high speed rides flying above the water.  

In the ecology of the market, there are many niches.  Props to the GME traders who found a new niche.  In the law of changing cycles,though, the top feeders and brokers move to protect their niche in the greater picture of the market. 

The question is whether the de leveraging and higher margins and deposits for brokers in that niche will spread and affect the general market bringing it down a notch.

One theory I've had is that big waves correlate with high volatility.  Its pure superstition.  Under my theory, wive big waves down this weekend and with big waves possible Wednesday and Thursday market vol will be up midweek.  This is pure mumbo, never tested and just for fun.


Jeff Watsurf writes: 

I started foil surfing a few years ago, using a kite. A total game changer in my humble opinion.



It has been of great pleasure to me whenever anyone accuses me of being Rabelaisian. While that accusation might be considered to be offensive to some, I take it with high praise. Here is a great source of quotes from Rabelais, not enough for a meal of a lifetime, but enough for a good snack.


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