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I don't like the general market direction. Every chart I see points down. When the SP was approaching its 50 SMA on the daily chart, I had some thoughts of getting out but thought the CFO news and next week conference would keep AAPL semi-afloat. We could get a bounce tomorrow but got...

Two analysts downgraded. WTF, didn't they listen to the CFO tell them they were gonna make the number? 132 to 118 (intraday low) just like that in 2 days. F*cking roller coaster.

Okay, so the short positions are about flat, that is, if you didn't bail. Now the question is, do you continue to hold? Market will test your resolve.

Episode 6 is up.

Any news on Apple? Right now at $121.16. Market downturn has whacked it after the good news, but even then, it's just not holding up well at all. $100 seems more likely than $140 right now.

Can you handle the pain? Time to dump the short?

It's a losing strategy especially for a contract like the er2. You can lose a point (10 ticks) in an instance with volume surges. You'll feel like you're fighting an uphill battle when you make a couple of 2-3 tick profits then get hit by several 5 points stop losses. In addition...

Aok, Your description as well as ProfLogic's in the posted thread mirror my sentiments. Glad to know others have chosen the same style.

futures. er2, ym, es.

I've been studying AHG thread and incorporating different types of charts into my daytrading. For daytrading, what's more effective, volume or tick charts? Indicators like stochastics produce different signals so it can have an impact on entries and exits. I've been using 5000 volume...

Join this Yahoo Group. It's very active. TWS Yahoo Group

She had no business daytrading. No big deal, she got some TV exposure and didn't waste too much time.

+8. Go Apple Go!.

Up 5 points, against a negative current. If this was an upmarket, we would be +10.

Just in time. It was about to hit my 10% stop. Damn stock is too volatile.

No, I've got Verizon DSL and it's seamless.

It'll get there. The buildup to next week's meeting and the current glow from positive analyst meeting, in addition to oversold conditions will propel Apple.

aapl is up to $126.66 after hour. new business functionality for iphone. and analyst talk.

With the recent price action it appears higher is more likely.

Nephew wouldn't happen to have last name Sykes?