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Replies to #1581 on SPX- QQQ - Dow
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RCKS

07/19/11 2:38 PM

#1582 RE: GLENO34 #1581

Glen great job as always with your updates.

Today and probably this whole week is a gamblers paradise, AAPL & market in genral.

I can see how shortering/Puts might look extremely inviting on AAPL as so often its a sell the news proposition with their earnings but I have a feeling that would be very dangerous right here.
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POKERSAM

07/19/11 2:43 PM

#1583 RE: GLENO34 #1581

GLENO34 - The trend for the last 8 days is down. We are at the top of the trend channel. The question is what are the odds that the trend down will continue.
If the odds are good that the trend down will continue then right now is the time to enter short.
So what are the odds the trend down continues?