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head and shoulders on apple 15 min chart, back testing neckline at 187.50. Big rejection on first attempt
same problem, use SPY
analogdog,(regarding yhoo/msft) how would you expect the rest of market to react? I think of it as being a mostly neutral event, but someone on another forum thinks this would drop the markets. Doesn't make sense to me,
your calls are likely to be worth one big penny, $0.01 dollars.
In this cirumstance you should have strangled it. I didn't because I had no open capital. I believe option did though, and he should be up 300% come monday.
You are to far out of the money. It's going to be difficult for microsoft to pay upwards of $35-$36 per share. Balmer doesn't even want to give $32/share.
"Microsoft's board reportedly met earlier this week to consider raising the bid as high as $33 per share. It wasn't clear whether Microsoft presented that figure, which would translate to about $47.5 billion for the deal, to Yahoo Friday."
http://www.businessweek.com/ap/financialnews/D90DOB700.htm
Guitar, I definitely think you right about apple. We got an exhausting gap up today. It's friday after an amazing run, and appl is going to test the 180 support, I believe it won't hold
There should (will?) be profit taking on aapl
good plays
A better investment can be found here...
http://www.bigeasterncasino.com/images/roulettewheel.jpg
LOL
I lost 65% on that, I havn't hurt this bad since... forever
Holding the aapl and amzn calls from yesterday...
aapl options were going for a huge premiuim, HUGE
My amzn strangle turn to shite as well, I picked them up 2 days before, and still got screwed. Currently holding onto the amzn 90 call, and ditched the amzn70 put this morning for a loss...
The only winners were the short straddlers
kidstockster101 gives a good explanation
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28760737
amzn just dropped thru 77 support, aapl got thru 158.
Maybe I'm not toast... Another 5 points down on aapl should put me into the GREEN
strangle on amzn and aapl is gonna burn me tomorrow,
get out the aloe {:(
i'm trying an AMZN strangle, 70put, 90call.
Both apple and amzn report wed after market. I think it's going to be hard for apple to beat earnings given the latest upgrades. In-line is not good enough, so they must at the very least beat. Intel posted good earnings and T did well too.
Apple is on Wednesday, April 23
and MSFT is the following day 24
according to briefing.com
http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?SiteName=InvestorPopUp&ArticleId=EA20080123050005
No, they do not include before and after market, not on my charts anyways
lols, I never liked the question "is it half empty or half full"
It is completely full, half liquid, and half air
regardless, it saddens me i didnt take that ma position :'(
trough to peak... I guess my "fib retracements" are just resistance lol.
Thanks
I picked up some rim puts at $113 earlier today and got scared for a loss. If RIMM can't get back above that 112 area, I can see it dropping to 106 really fast IMO. It falls pretty well within teh fib retracements. hopefully there will be a gap up tomorrow morning, or a close above 112 today. There is resistance at 110 tho
(chart below)
Thanks RIMM!
That's the same thing posters on the yahoo board say...
You could be taking that money and shorting financials and making TONS of money.
Heres the thing, I could have gotten in at 1 dollar, but am still waiting for more accumulation before hoping on the train. As price falls, I can STILL get in at $1.00 or even LESS now. So what if I miss a small move. I can print money elsewhere until it's BCONs turn. I haven't missed the boat, the train, the rocket ship or whatever you wanna call it. I did miss the cliff dive.
I know dark and teah have tried (god bless them!) to get this through to people, but holding something that slowly loses value appeals to the majority of the yahoo board. I made this mistake when I first started trading.
Gelbaum is cheaping up the shares. Either he no longer believes in BCON power, or he is purposely trying to drop the pps. But that's great for me since I don't own it... yet!
I can't tell if you are being sarcastic
MA calls anyone?
or more down left?
rimm april 110 puts bid 5.75 ask 5.85
112 is good resistance on rimm, if it breaks through that it should see 107 really fast
Yes, I was expecting it to make new highs, but i perceived it to be a bit sluggish on the 60 min. Dangerous yea, but i think it could get a little more down here imo
i don't plan to short it
thanks!
I'm thinking aobut MA puts right here, it should have broken out but it's looking really weak
opinions?
you guys think a strangle on orcl would be a good play ?
april 20 puts, 22 calls
I hope you didn't touch it!
Wasn't sure if you posted this one or not dog, but I thought you'd like it
http://www.thedisciplinedinvestor.com/blog/2008/03/24/double-whammy-bank-card-companies-are-next/
I think JPM puts look real good, will pick some up in morning if we don't gap down too much
there is much resistance above, and it always tops when RSI14 gets to 63 area
wow, nice job, should have played it when it was mentioned
Looks mlike its gonna fill the gap before it goes down.
the 20 ema looks like good resistance, it's trying to break that right now. It's bouncing back into the channel, but the trend is still down. I would wait until after the cc.
I think any play right now would be a gamble, it's already made a nice move. Volume is light, only at 200k per day.
Someone obviously thinks the results will be good looking at the current action
hey monster, did you have a target for MA? this might be bottom for the day?
x long term trend scares me, but does fdx look like a good short here?
hey blash, is friday considered a 'business' day by the day trading rules?
Or, in the rules is a business day referring to a 'trading day' ?
monster, did you sell those MA puts this morning?
possible cup and handle?
it looks like it could breakout?
grats, i went 35% in WOOHOOO!
I loaded up on qqqq puts as well
People are looking to short if we do get the 1pt cut, if we don't get it, we drop anyways. A 1pt cut and up could lead to the biggest gains in 5 years, again. So, I don't think there is much upside,
I think it makes more sense to short the pop than buy it...
The real reason I do it is so that I don't have to make a day trade. That may sound odd but I don't have a margin account, and have less than 25k. I bought calls earlier and have a small gain but don't want to make a day trade by selling at close. I can just pickup puts to protect them.
I can then sell one or both tomorrow morning if still unsure of the direction. If I think I know the direction tomorrow morning, I will sell either the put or call. If I'm wrong, I can exit with a loss, but no day trade.
Say I hold the call tomorrow morning and we go up. When I think it is about reverse, I buy the put and sell the call. If we do go down, I can wait till a bottom and take the day trade, or just buy calls. If I'm wrong and we go up, I can just sell and take the loss.
Doing this avoids day trades until I need them. By doing this I still get to play!
I've Been trying to open another account, but it's taking forever.
If we do get a major gap up to the 44 level and continue going I will still be making money. (I think)
Thanks though, I understand what you are saying...
and what NM is saying