Anything that traps and causes the most pain will always be most
optimal. AAPL actually did that in late June 2011 and then
rallied roughly 25% in the next month (from $320ish to
$400ish). That's not to say history will repeat itself but
something to note.
I was telling Matt earlier that I might take a longer term call
spread position to lower the cost and know my exact risk instead of
buying the equity.
AAPL excellent updates by Matt but what if we break 200 day and stay below for a day or two and create a bear trap in tech? A good buy if it does IMO .
Posted by rbreese on 2nd of Nov 2012 at 11:53 am
Anything that traps and causes
Posted by tom on 2nd of Nov 2012 at 12:12 pm
Anything that traps and causes the most pain will always be most optimal. AAPL actually did that in late June 2011 and then rallied roughly 25% in the next month (from $320ish to $400ish). That's not to say history will repeat itself but something to note.
I was telling Matt earlier that I might take a longer term call spread position to lower the cost and know my exact risk instead of buying the equity.
edit attached chart
check out the weekly macd -- ooo la la
Posted by roger on 2nd of Nov 2012 at 12:24 pm
http://footage.shutterstock.com/clip-1258654-stock-footage-two-women-friends-goofing-around-by-the-pool.html
h a ha
Posted by roger on 2nd of Nov 2012 at 12:25 pm
http://footage.shutterstock.com/clip-1258654-stock-footage-two-women-friends-goofing-around-by-the-pool.html