Picking AAPLs
Picking AAPLs
9:54am EDT: I just couldn’t resist this morning – and you all know I’m a staunch supporter of a healthy diet:
200 is a nice number, but it’s so cold, dark, and lonely all the way up there way outside that 2.0 BB. I’m talking Dec 180P – got filled for a special early morning megalomaniac discount at 2.39.
Anna has been pimping her ISRG vertical put spread – we’re talking Nov 250/240P at about 3.3 – I can’t get filled at that price but she told me to be patient as those bid/ask stretching market makers seem to be on another crack snorting binge.
10:09am EDT: So, I had a teeny weeny quench of hope last night when I saw the ES completely ignore the NQ’s iPod craze. And low and behold today I actually woke up to a green account – what are the odds of that?
Perhaps the bears read my bulls are cocksuckers post last night and finally decided to make a stand? Just kidding of course – nothing I or anyone else writes will ever make a dent in the market. And the bulls are here – they’re queer – and they’re ready to party, but I think they are slowly running out of musical chairs – today seems to be an interesting open for the bears.
10:17am EDT: Tyler over at ZeroHedge just pointed me towards STT:
Actually that looks like a nice long trade – short term of course. But I just….. can’t…. do it… must… resists urge…. arrrrrghhhhh!!!!
This is me trying to load up on a long position – you can see StainlessSteelHamster and StainlessSteelChicken in the back attempting the same.
10:28am EDT: Looks like the ole’ buck had enough of the anal treatment – nice little pushback but let’s see if it makes it across the 76 mark.
But what’s worth noting is where it turned – which was 75.11 – mmmh – wasn’t that close to one of 2sweeties RLs?
Indeed it was – 75.15 and change – a bit earlier than I expected but if you go over to retracementlevels.com you’ll find that 2sweeties’ RL trading system would have gotten you into the game. He just keeps stacking those positions – wish I had his set of brass balls.