Starting it off.
Al
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Lost some on a long MPC call. Broke even, plus commissions, on an AAPL put. The AAPL trade was going well in my direction, but i got scared out when price made a small pullback at the 200 (on the 5 min tf) / 0.238 fibo / yesterday's opening gap-lower-boundary retest area.
Al : -- |
Al : -- |
RA
rat89
Rep: 0
Posts: 7,015
aapl 1.27 is at 254.09....it's not surprising it reacted to the 250 whole number, and really, qqq hit a double 1.27 at the high yesterday. Can we see a scenario where aapl reports earnings, and tags the 1.27 with qqq not making a higher high or a very marginal higher high?
RA
rat89
Rep: 0
Posts: 7,015
to the point that tops are a process, and not an event, it's interesting once again to note that every stock and index has a different count, and is on its own timetable:
RA
rat89
Rep: 0
Posts: 7,015
Duane,
what do you see with the dollar?
what do you see with the dollar?
Originally posted by Duane
To quote RAT " tops are a process, and not an event " . I would add that learning this vital piece of information is also process. Thanks for the reminder.
The recent move up was hellafied, however still short until trend line is breached
A double tap at the median line would be nice!




















