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"People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored to something. People tend to view prices thery're used to as normal and prices removed from these levels as aberrant. This perspective leads people to trade...

JBLU on radar for entry --- LEAPS or sept 1250c gonna double

I meant AAO BJ (feb 50c) one more thing just to help you in your thinking - since you said you are new: you think QCOM is going to 55 based upon your analysis - OK? d'accord? Now - you look and see the 50c at .30 cents or so this week. Do you as a very intelligent guy...

N, too many positions for a new options trader - in fact too many positions for a veteran. It's like you find a new trade every day. Do you really think it's that easy? LOL none of my business- but JMHO I was short QCOM feb/march 50c -- short QCOM Feb 45p/long March 45p before...

APOL bollingers starting to contract - but which way will the baby come out --- this time-- head first in the direction of the trend (not good for our backspread) or assbackwards towards the 60s - gap? :eek:

Duh? what did I say gap is resistance so far. Will it fill? Well it's hard to bet against it filling-- --- but right now maybe we still see 350-355 lows on the GOOG! Don't rule it out. There is a gap near 340 on GOOG. There is no doubt in my mind that it fills. The Q is when. I...

IMCL you are going back to 35 - aren't you?! In fact --- I know you get pinned there or <35. Just got a hunch. Think maybe I should have closed the put side of my 35 straddle. No wonder they were holding the puts at .60 while the calls were only 280 near HOD. Yep - we got your #. :p

APOL the sun is rising! maybe ? :confused: DNA I leave for a few hours and when I return its all GREEN. It's all good. I think the saying should be changed to - "It's so EASY being green" :D:D Now is this head-fake distribution b.s. on these two--- or do we got some...

CME OK - I forgot every dip is a buying opportunity for some dip-shit. But it ain't over yet! Any idiot wanting to buy CME at this level is just that - an idiot! But what fun would it be if it didn't go UP and DOWN! But in order for the smart money to distribute stock they want out of --...

glad I sold a few OIH Feb 150 calls -didn't get enough - wanted to sell yesterday near 155

damn- isn't it amazing how patience pays off in trading. (I'm not the first one to day that- am I............ !??) :confused: :D :D :D

GOOG I say short GOOG - we are within 5-10 points of a st top. If I had more available funds right now would get into ITM puts and/or sell DEEP ITM c with atm call. Just don't feel like messing with GOOG having not traded it much recently. (I know- at this level its a buying opportunity)

2-2-06 how many days after I posted the above did we get a sell-off in OIH/QM !?? Is it a top? I don't know yet. Most think it is not, I'm sure. But we will watch and see. If so, plenty of time to get short. Gonna see if OIH forms a HS. I say it does! Of course OIL has been...

OK - like the poster on my wall says: "you always miss 100% of the shots you DON'T take"! so I sold some of my long front month itm calls -- stayed short some stock and front month 35 straddle @ 4.40 still long itm March premium gonna see if they can arb it back to 35

die SOX ! we got you this time !

CME you gonna break 400 - aren't you sucker!?? Do it -- for ME - do it for Chicago ! YEee haawww ! "Gordon - - - - you once told me- don't get emotional about stocks- ---------- don't!" :D :D :D :D (just kidding around- gotta have fun or why trade)

unreal it fills the gap within 10 minutes. :confused: I am sitting for two weeks waiting for DNA and APOL to move $1-- bad news comes out on IMCL - it sells off and then for some inexplicable reason it trades back higher in the first 15 minutes. geessuss --- I am about ready to...

damn my intuition and tape reading is reaching new levels of clarity and accuracy if it's a stock I follow! Wow---- day after I got the "feeling" from wacthing the tape --- sure enough -- news comes out from BMY. Funny tihng is - I stayed short IMCL surrounded with some interesting...

I had said "better yet" sell deep ITM puts with some deferred OTM calls that would have protected you until you got a read on the tape. Of course that might have complicated things since your original trade (plan) was an overnight short on the underlying. having been in the market through...

hajimow if you had sold ITM (deep) puts and bought a couple deferred calls in the morning - you'd be sitting OK on GOOG. No?