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Re: The Mhoney Badger!! post# 742

Thursday, 08/09/2012 3:32:02 PM

Thursday, August 09, 2012 3:32:02 PM

Post# of 6242
Hi The MHoney Badger, it's a pleasure to hear from you. :) We're both thinking about the same AAPL weekly calls and/or puts. AAPL has formed a 4-5-day pennant on the daily chart and could break up or down. The AAPL 625 weekly call is currently going for .73 but as I write to you AAPL is slipping and is now up 2.74 @ 619.95. Please note my comments are only for educational sharing and not meant for investing or trading advice. :) GMTA. :)

Here is the AAPL daily Pivot-Point chart:



It's a difficult decision. The QQQs are up .17.

Here is the QQQ daily Pivot-Point chart:



Note the very overbought Fast Sto and Full Sto on both the AAPL and QQQ daily charts.

This is only educational sharing; I just bought the AAPL 625 call. :) Do your own DD and don't buy based on my comments only on what you think is the right thing for you to do. Consider both return on money and the return of your money. The premium on these calls is going very fast. Caveat Emptor.

Good luck on all your trades.

Best,

Bob-C
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