The ACD Method

Quote from Quon:

Depends, in what? I have the SPY intra-day at 123.60ish

We have A ups everywhere. Shit, we have weekly A ups everywhere. Guys, don't try to fade this shit!!!! Get long!
 
Quote from Shanb:

Got hit on my SPY short a bit, but caught some AAPL.. Man that thing is still going got out way too early!!

Shan, all you have to do is look at the spreads today. There are no strong spreads which tells you everything is up! This is another way to use spreads even if you don't want to trade them. The spreads are telling you there is follow through today to the upside.
 
Quote from Maverick74:

Shan, all you have to do is look at the spreads today. There are no strong spreads which tells you everything is up! This is another way to use spreads even if you don't want to trade them. The spreads are telling you there is follow through today to the upside.

Ya you are right, thanks! When I miss good trades like RIMM frustration can set in! There will always be opportunity tho!

Whats the monthly and weekly levels for AAPL here?
 
Quote from Shanb:

Ya you are right, thanks! When I miss good trades like RIMM frustration can set in! There will always be opportunity tho!

Whats the monthly and weekly levels for AAPL here?

Weekly was 388, monthly 402.
 
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