hey man, what divergence indicators do you find to be the most accurate? RSI, MACD, etc....or in a vacuum are they all going to have the same result?
AAPL: Buying the Dips!
- Thread starter cactiman
- Start date
hey man, what divergence indicators do you find to be the most accurate? RSI, MACD, etc....or in a vacuum are they all going to have the same result?
bro... i don't use those indicators.. if i did.. i would look at them.. try to figure out what most people think is going to happen.. and fade the crowd...
i'm just taking some directional risk based upon some hypothetical resistance points.. i think their is so much cross book in the sp500 you'd be better trying to figure out how big market neutral firms are positioning themselves.. and follow.. i do believe in the how to hurt the most people theory.. meaning how does the big money clean up most of the small money/weak money.. if you can see that on a chart indicator.. GREAT.. i can't.. you never known when some huge player is looking to create a landing pad so he can have enough liquidity to buy or straight dump...
i remember when i watched CNBC and carter braxton was on talking about this small shipping company GNK.. talking about it was perfect for a breakout with a P/E of like 9 or something i don't know.. extremelly low.. they set it up as a big iceberg to create liquidity to dump to people.. I am so sure thats what they did.. i got caught in it buying some calls and lost money.. i mean who knows maybe even Carter was just a pawn.. but all they gotta do is give a couple good winners out stuff with a bunch of losers to make money on the public.. do i believe big money is out to get me and the other small money.. YES..
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Yo Caveman! Isn't that illegal? Doing a bet on a bet?
Anyway, here's some of the latest on the Stock of the Century!!
http://finance.yahoo.com/blogs/brea...=Feed:+BreakoutRss+(Yahoo!+Finance:+Breakout)
https://wallstcheatsheet.com/stocks/big-mcnews-mcdonalds-to-install-ipads.html/
The earnings report is on 10/25/2012. It's two weeks ahead... It is less than 36 points down to drop below 600... With current average volatility at 15 points per day it could be much faster... Unless you still in long and you still are looking for anything that would confirm your actions...
i just recently creep in long... with some broken wing flys... i have 500 dollars at risk.. if we keep going down from here i close at a loss... i'm willing to be wrong
i have a good risk reward relationship going on if it does go up.. a little asymmetric payoff.. cause you know i'm wrong alot my break even is 645 at oct opex.. you can tell me how stupid i am then.. i'm totally willing to be wrong... i believe in falsification.. and if you wanna get short here go ahead haha.. we had a hard push down today that didn't hold at a key fib number.. and if you believe in random pattern bullshit like fibs maybe it will resist alot of further dive.. maybe not.. flip a coin.. heads i'm wrong i lose a couple hundred.. tails i'm right i make a thousand off my 500... expected return of a three to one or four to one payout on a 50/50 probability is really good.. thats what i bank on.. besides i'm tipping my toes in on directional trading Quote from cactiman:
Yo Caveman! Isn't that illegal? Doing a bet on a bet?
Anyway, here's some of the latest on the Stock of the Century!!
http://finance.yahoo.com/blogs/brea...=Feed:+BreakoutRss+(Yahoo!+Finance:+Breakout)
https://wallstcheatsheet.com/stocks/big-mcnews-mcdonalds-to-install-ipads.html/
Najarian is big in trading options on aapl.. weeklys as well.. at least he says.. he is a big talker.. more cnbc bullcrap.. stock market cheerleaders..