Discretionary Trading
Now Reading
Picking AAPLs
64

Picking AAPLs

Picking AAPLs

by The MoleOctober 20, 2009

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.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator