Only Apple

cactiman · Apr 11, 2012

It's not just the Harami involved in a reversal of course. The $SPX also has good support at 1350, and a solid 4 month uptrend behind it. I think all 3 things combined, are probably saying "more upside to come".
Then again, maybe I'm just talking my book - being 100% long at the moment!

atticus · Apr 11, 2012

Quote from atticus:

I have my biggest position to date (ever) in AAPL APR20 options. I am neutral to ~624 on the shares. The term-structure will blow-out in APR/MAY as well.

Term structure went from 500 to 900bp/ It will hit 1000 tomorrow.

short4bread · Apr 12, 2012

Quote from atticus:

Term structure went from 500 to 900bp/ It will hit 1000 tomorrow.

I smell fear!!!

short4bread · Apr 12, 2012

Quote from short4bread:

I smell fear!!!

Oh yeah, AAPL just broke the short-term down trend. It's heading north again folks.

cactiman · Apr 12, 2012

AAPL at 621.77
Support holding so far.

atticus · Apr 12, 2012

Quote from cactiman:

AAPL at 621.77
Support holding so far.

What support? This thing is going to 617.

cactiman · Apr 12, 2012

Quote from atticus:

What support? This thing is going to 617.

I see even number support at 620.
Support range 621-617.
Next even number support below that at 600.
It keeps pushing down on 621. We'll see what happens.

atticus · Apr 12, 2012

Quote from cactiman:

I see even number support at 620.
Support range 621-617.
Next even number support below that at 600.
It keeps pushing down on 621. We'll see what happens.

Ok, so support isn't holding.

cactiman · Apr 12, 2012

Quote from atticus:

Ok, so support isn't holding.

Bounced off 620.71...
:eek:

rockefehler · Apr 12, 2012

Big drop may be in store. Where's Uncle Ho?

Only Apple

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