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Re: Bob-C post# 2279

Sunday, 11/18/2012 1:48:40 PM

Sunday, November 18, 2012 1:48:40 PM

Post# of 6242
Hi Wisdom, AAPL and QQQ potential upside alert. ...


Hi Wisdom my first higher AAPL target is the AAPL 10 SMA currently at 548.09. My second higher AAPL target is the AAPL S1 level currently at 560.54, and finally my third AAPL upside target is the AAPL 20 SMA currently at 577.10. First let's see if AAPL can tag and close over its 10 SMA. I closed my AAPL weekly puts on Friday with a 520% gain; I bought the AAPL weekly put at 9:36 AM and sold it at 9:47 AM. :) I also had good gains on my AAPL puts that I bought on Wednesday morning. :) My QQQ puts were profitable too.



I have higher targets for the QQQs too.



My first upside QQQ target is the QQQ 10 SMA currently at 63.50, my second higher QQQ target is the QQQ 20 SMA level currently at 64.55, and my third upside QQQ target is the QQQ Pivot-Point (P) level currently at 66.47. I am looking to take QQQ call profits at the QQQ SMA 10 level and AAPL call profits at the 10 SMA level too. :) I will consider buying the QQQ and/or AAPL calls in the morning on Monday if the risk-reward ratio looks favorable. Any achievable profit will be satisfactory to me. :)

Have a great weekend.

Best,

Bob

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