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S&P 500
5,728.80
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0.41%
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US TECH 100
19,528.00
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0.90%
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Dow Jones
42,052.19
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Brent Oil
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0.00%
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whereismyorange

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whereismyorange

Re: whereismyorange post# 60520

Friday, 08/27/2010 1:03:45 PM

Friday, August 27, 2010 1:03:45 PM

Post# of 72979
I think it is possible that equities bounce here, but I believe it will be short lived.

I continue to hold my apple puts in anticipation of a fall next week. I may add puts on a bounce early next week. We will know soon if today is a trend change, or just short covering.

Apple looks like distribution to me, and it is only a matter of time before it breaks 240 and holds below...

Hopefully not too much time ;/

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