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Re: Bill de MT post# 50

Friday, 04/20/2012 2:38:08 AM

Friday, April 20, 2012 2:38:08 AM

Post# of 278
Thanks for those web-sites. The video lessons and chart summary of the day are nice and brief. Looking back at some of the calls made on their - Alerts - he does get a bunch wrong, buy hey, it's just more knowledge.

Traders getting nervous out there! AAPL keeps pulling back- lets see what happens next week with their earnings. I know it's not all AAPL, but today was a double whammy - market down and AAPL way down.

Margins are compressing, guidance is what people are nervous about.

Last visit at 1340 - TYP was 12.50ish. Nasdaq was 2800? This was Jan. lots of changes in the options in the ETF, so the past might not be a good gauge of what will happen if Nasdaq does 10% from here to 2700.

This is making me rethink the 14 strike. Maybe 12.75 - sell 5K shares. Holding 6900 of this.

Did you draw out 15? Or a hunch?

Had Colin Powell on my flight this morning out of DC - He's not black - he's white!!

RLB