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worth a look from Gene Munster, legit aapl analyst: http://www.businessinsider.com/gene-munster-apple-presentation-at-ignition-2012-11?op=1#ixzz2DSd23OnP scroll down.

did you play gmcr today?

in all seriousness the fiscal cliff gives the powers that be the ability to move the mkt around, notice how europe is being mentioned again as an issue in the press. I think the 1350 low will hold for this year. Most71 may be right that we trade down to 1370-1380 but my bias is long here.

some would say you only have till 12/21/2012 so fiscal cliff will be a non issue. Flat es today.

on the money, thinking a wide iron condor may work here.

reminds me of the subprime default models of 2008, interesting read though.

"To assess the statistical significance of the SOFNN achieving the above mentioned accuracy of 87.6% in predicting the up and down movement of the DJIA we calculate the odds of this result occurring by chance. The binomial distribution indicates that the probability of achieving exactly...

http://arxiv.org/pdf/1010.3003v1.pdf

I did ok, takes more than once to knock me down. :)

understand delta and theta, most new people buy puts and calls due to leverage and lose on theta, understand theta is like rent per day, so your premium decays slowly then starts to accelerate as expiration approaches. Understanding theta will save you alot of money. So what is the theta of...

this is one of the many threads on him funny shiite, bulls and bearz still takes the prize though. http://www.elitetrader.com/vb/showthread.php?s=&threadid=97976&highlight=tim+sykes

Not sticking up for the guy but he did take his bar mitzvah $$from like 10,000 or something to 1.5 million. He did this back when the Nasdaq was rocking; this was legit, he posted on here for a while and those threads were pretty funny ( ie clown shoes, etc.). He shorts pump and dump penny...

Here are some more numbers on aapl. Aapl went parabolic closed on 1/24/2012 for $420.41, gapped up closed $446.66 gap unfilled. high 705.07 on a fib retrace starting with 420 to 705: 50% 562.6 61.8% 528.98 todays pivot 78.6% 481.11 50 day average 595.75 200 day average...

here you go with trendline

daily pivot on aapl around 529.

ya think? :p

right back to my entry LOL!

interesting, risk off I guess, thanks Mav.

stopped crazy tape.

usually hits your stop then reverses, the usual!!