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Smokey22

10/25/12 3:17 PM

#3693 RE: Oddlot #3692

Oddlot, thanks for sharing your cycle work.
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ahimsak

10/25/12 4:34 PM

#3694 RE: Oddlot #3692

Thanks for the posts. My system is on longer term sell, shorter term buy, so although was tempted to buy the qqq after hours below 65, did not do it. Almost bought some csco and appl, again did not.

Instead bought back my calls on gld yesterday, and put the calls back on today. Making little chip shots, but feel ok owning gld for long run, maybe will drop to 150, will buy more if it does.

Not an easy pattern to trade in my experience, so many trend lines are broken, which does not mean it cant go up.

200dma and major trend lines around 1380 on spx. If we break it, sell programs could clobber the market quickly, but that kind of doom and gloom is always present.

What will appl report?