If we continue to chop all day Anthony I’ll go short by the close with a put spread so I don’t get killed on time decay. I’ll sell the 132 (our target) and buy the 135. Max profit is 3 dollar minus your cost to get in.
Nothing yet Anthony. Next week is a holiday week and they aren’t doing much promotions. But the week afterwards we should see some movement on it. I’ll email you and everyone when I get more details.
Yeah… that’s possible too. If that happens I’ll just go long from there in a call spread. It would suck to miss the big wave down, but sometimes you get screwed I guess.
or we go down to 132, like turbos first assumption, and bounce from there. We’re already pretty close. Hope not, and don’t think so, but some bad news could def make it happen
Still looking for 137 spy before shorting. There is a meeting at 10:15am about the Fisical Cliff, so we could get our pop to 137 after the meeting if they just say something positive. Of course the pop shouldn’t last and we should rollover afterwards.
If we continue to chop all day Anthony I’ll go short by the close with a put spread so I don’t get killed on time decay. I’ll sell the 132 (our target) and buy the 135. Max profit is 3 dollar minus your cost to get in.
I’m short 133. 137 is possible, but not looking too good
ah- good old turkey day. This limbo is getting irritating, making me wonder if we will break out. Any idea when that meeting ends?
Nothing yet Anthony. Next week is a holiday week and they aren’t doing much promotions. But the week afterwards we should see some movement on it. I’ll email you and everyone when I get more details.
yeah- so what’s your penny stock?
Yeah… that’s possible too. If that happens I’ll just go long from there in a call spread. It would suck to miss the big wave down, but sometimes you get screwed I guess.
or we go down to 132, like turbos first assumption, and bounce from there. We’re already pretty close. Hope not, and don’t think so, but some bad news could def make it happen
Good Morning gang…
Still looking for 137 spy before shorting. There is a meeting at 10:15am about the Fisical Cliff, so we could get our pop to 137 after the meeting if they just say something positive. Of course the pop shouldn’t last and we should rollover afterwards.
APPLE Chart update: http://niftychartsandpatterns.blogspot.in/2012/11/apple-chart-update_16.html
ES Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/11/es-chart-analysis_16.html