Filled Sell to Close AAPL Apr 05 2013 455.0 Call Limit 1.87 -- -- 14:23:31 03/28/13
LoL! . . . well THAT was a terrible way to start showing off my Day-Trading skills.
btw . . my money management method for this option account that I am trading is:
Trade-Size = 50% of my account
max Trade-Loss = 50% of my Trade-Size

SO .. assuming a maximum Loss, on a bad day (like today) .. my account will end now worse than 3/4 of it's previous size.
In this manner, I can have a few losses in a row and still have enough dry-powder for the next day.
of course .. I'll need to throw in some winners along the way!

Filled Buy to Open AAPL Apr 05 2013 455.0 Call Limit 2.50 -- -- 11:38:14 03/28/13
doubled my position .. cost basis = 3.20

oops! . . I see I was responding to the wrong Reply . . .
You probably bought SPY calls ...
I bought AAPL calls this morning . . .
currently under 448 .. but still Holding.
My Charts are screaming UP from here.

good move . . always a nail-biter with AAPL . . .
BUT, THAT is why she makes so much money for us!
Below 448 will get me out . . .
I Trade the Up/Down Swings until the Range ends.
Good Luck to us !!

Filled Buy to Open AAPL Apr 05 2013 455.0 Call Limit 3.90 -- -- 10:06:45 03/28/13

looking to Buy AAPL Call options that expire next Friday . . .
for a DayTrade

there needs to be a LIKE button . . .
very good post `MTar` .. to the point, yet funny, and probably true.

OK, thanks! . . glad to see we arrive at similar outlooks separately. . . .
Although I don't necessarily see us going back Up so Strongly after the Big Drop.
I think we go Up a little more first and then the Bigger Drop into early May.
THEN, probably sideways for a while .. maybe a LONG while.

LOL! . . thanks! DP.

I don't recall that .. can you please point us to his post.
I was just looking at all my charts this morning and saw it on one of my longer-term ones I stored away.
I'd be curious to see if it lines up with someone else.
I know Pokersam and I have been Bearish overall in the past,
but I don't recall such a specific price/time forecast from him.
Thanks !!!

in just looking over ALL of my charts,
I notice a medium-term cycle low due in the S&P-500 in early May . . .
reaching Down to about 1430.
I'm just putting this out there now.
Have a great! day,

LOL! . . thanks! Jake .. great to see you !!!!!

great! . . at least someone is. . . .
I currently am Holding some VIX Uppers . . .
for the longer-term for fun ...
not counted in this show of my Day-Trading prowess.
SO .. the answer is: NO, I have NO positions right now.
I have no Day-Trading Signals for today.
The UP of today should bring Down Signals for next week's Day-Trading.
I am "out" and Relaxing today.
Good Luck !!!

Like I posted the other day .. I only Sold my Down SPY positions . . .
I am keeping my Up-VIX positions for fun.
I am now Day-Trading and make money on very short-term Trading like
this morning's Call of a Down at the Open and in the morning. (#msg-85936447)
Also using individual stock option Trades like the ones I often post at #board-2546.
I use options when Day-Trading to make quick 5% - 10% Trades each time ...
when I get a Signal from my Very-Short-Term Trading System.
I will post these Trades each Day I trade over at the Blashing For Profits #board-2546.

Good Luck All !!!

the morning is now over and my Target was HIT! . . .
the rest of the day should be a sleeper as far as the Major Indices.
I'll be looking at individual stocks to look for opportunities.

lol . . thx! . . . not much change in pre-market futures . . .
even after decent jobless claims report.
Don't forget, we have some Big Reports due out at 0945 and 1000 Eastern Times.
SPY=156 is the Key Top level of Resistance for today . . .
I think the Market goes Down some this morning . . .
initial Target of 154.68.

SPY = 155.35 . . OK, I meant "by the Close".

I predict SPY will be lower one hour from now.
Now = 155.51

with all of the Fed action awaiting us today,
I will not be Trading . . too much risk of uncertainty.
Have a great! day all.

LOL! .. yep, real happy about that .. my Charts were telling me she was coming back Strong . . as I posted here yesterday regarding the specific price-levels to watch for as indicators.

I'm OUT! . . no longer Bearish . . .
I have thrown in the towel.
The ECB has agreed to give Cyprus whatever money they want without rules.
These Downs are all one-day events due to short-term news.
With the FED providing incredible liquidity ...
and global banks doing the same . . .
there's no fighting it.
I am holding a small long-VIX position just for the fun of the uncertainty . . .
but otherwise am swing-trading to the Up-sdie only . . .
and going back to Day-Trading .. less stressful.

the SPY = 152.60 - 152.96 Gap needs to be taken out
for a real nice ride Down.
Otherwise, if that Gap Holds Open for too much longer (another week) ... very Bullish.

beautifully SWEET !! ... OK, now . . .
154.20 is now the new Key overhead level.
Below that is nice and Bearish ...
too much above that might be time to Bank Down Profits.

I LIKE that .. thanks! . . .
> "a tiny hole can sink the ship"

great! move . . I'm lazy/sleeping today, but YES .. a Bounce is coming now.
I'm Holding my Swing Downer positions for a little longer.
Waiting to watch this coming Bounce.

Thanks! . . a loverly couple of days it's been.
Still watching for the "buy the dippers" to come in.
I will Bank Profits then and sit out and Relax a little.
Meanwhile, I just have a big grin on my face.

HIT! . . .
morning Gap Closed on SPY . . .
now watch for a continued Down . . .
unless it bounces Higher.
If 155.60 is surpassed higher again, then turn Bullish.
Otherwise I am still Holding Downers.

expecting the morning Gap to be Closed again today . . .
then follow the same rules I posted here yesterday (see link-back).

morning Gap Closed on SPY . . .
now watch for a Fall back Down . . .
unless it keeps going Higher.
If 155.60 is surpassed higher again, then turn Bullish.
Otherwise I am still Holding Downers.

Thanks! for your PM and comments . . .
YES!, I think we'll be Buying this dip.
I have been watching futures around the globe since Japan opened last night . . .
Major U.S. Index futures dropped for a while but then have been rising since early this morning in U.S.
I will watch closely, but on any Strength I'll be Buying Uppers.
Nice to meet you . . good luck !!!

good catch, great call !!

WoW! . . incredible article and video about what is currently happening in Greece that will affect the Markets of Europe and the Americas.

Threats to America and Europe

Enjoy! . . and Plan appropriately

LOL! . . it will 'layzarus' . . . stay strong.

LOL! . . experience . . .
PLUS, if I had said 15- or 20- minutes .. it wouldn't have been as memorable for you.
You wouldn't have remembered to watch the action this morning to test me.
Now you have learned something about Market Action ...
if I had said 15- or 20- minutes, you may not have learned it.
Have a great! day,

so, SPY did exactly what I predicted . . .
NOW is the time of decision.
She is struggling now that we're back Up to yesterday's Close.
maybe back Down .. or breakthrough Higher ??
The next direction will tell me what to do with my Down positions.

I predict the S&P-500 Opens Down tomorrow and moves lower for the first 17-minutes . . .
then probably Up .. unless the BMO Economic Reports are real bad.
I will probably be Closing my Down positions tomorrow morning
and joining the Bulls soon after.
I'll continue to post my positions here.

We got the break I called for . . .
now YOU let us know if it breaks that new 3/5-UT technical indicator of yours.
.
.
.
LOL! . . I hope you didn't hurt yourself `layzarus`

yep . . a very nice continuation (Down) Triangle on the 15-min chart.
She should break Down any moment now.

WoW! . . so sorry to hear my friend . . .
your attitude is great and I pray that you take this time to also
make sure that you know where you're going to.
Caring for your descendants' future is awesome! . . .
but make sure you care for yours as well. (your spiritual future)
Thanks! so much for your years of education and sharing . . .
in the past and WELL INTO THE FUTURE !!

ROY! . . I have followed you for years in the past, but not so much lately as I have gotten very busy in life.
I must have missed something ...
> 3 to 9 years as of last summer. I'm well as measured by absolutely no symptoms yet, and I likely will have time enough
What is wrong ??
You are a great! options trader and thinker . . .
I have always enjoyed your posts when I used to read a lot !!
My prayers are with you! . . but please tell me specifics so that I may pray deeper for you.
J1 {AT} Blashing.com if you don't want to share here.

Thanks !!