AOL

What the heck... AAPL back above $460.

Oh well, I went ahead and sold AAPL 450 Weekly Puts for $1.25. I'm willing to own AAPL @ 450 if it falls to that price by Friday.
If not, I keep my credits.

UE claims dropped but it doesn't reflects on the market???

Market wont drop until UE goes up. So, no correction so far.

This post has been edited by danmooncake: May 9 2013, 09:10 PM

Yesterday, 12:36 AM

The following daily chart gives a short-term perspective for Apple Inc: (NASD: AAPL)

AAPL rallied since the stock put in a bottom in April 4, 2013. Since then, the stock already climbed 18,32%.
At the moment, the Relative Strength Index (RSI) is above the previous high, and despite the price is still lower than the previous high, 463,53, I think this is a positive sign. Another positive sign is that the exponential moving average 10 green has just crossed with the rise the exponential moving average 50 purple, something that did not happen for a long time.

*deleted*

gotten all my answers already.

This post has been edited by countdown: May 10 2013, 12:23 AM

Well Technical Charts on AAPL explaination.. Continue and Keep posting your thoughts here.. Other TA companies u want to share?

E.g IBM, Microsoft, Exxon Mobil, Wal-Marts ..etc

Hello netmask8

Thank you.
Here you can view other annotated charts:

https://forum.lowyat.net/index.php?showtopi...&#entry59996805

bear is so weak! bull play continues....

market seems to close at the lowest of the day.
nice! more bear please!

No bear yet.. just resting here.. still at top.
Market still got lots of hungry buyers coming in this month who felt left out last month and buying even small dips.

Probably won't see Sell in May... maybe have to delay till June.

This post has been edited by danmooncake: May 10 2013, 07:33 AM

*deleted*

This post has been edited by countdown: May 10 2013, 10:42 PM

Made a few dough selling shorts for GOLD.. only thing bears aren't afraid for now.

GLL 81.12 +2.11 (+2.67%)

This post has been edited by danmooncake: May 11 2013, 12:31 AM

Just read an article from yahoo talking about this bull vs 1995 super bull.
Wow....what a bull.....

Yeah man.. if this is like 95.. we know what's going to happen in '97.
So, we got two years before kaboom. Meanwhile, money printing continues on..

Finally, weekend here.. managed to keep the credits for AAPL 450 PUTs stock sold. No takers.

This post has been edited by danmooncake: May 11 2013, 04:27 AM

Anyone using TOS/TDameritrade?

I have question regarding account funding (transfer/wire). Is it possible to wire/transfer fund over to TOS account online thru maybank2u? Coz i saw there is a foreign transfer in maybank2u site but i do not know how to fill it up. If anyone has been using online transfer do let me know if its possible.

Thanks

Fed says may slow down on the stimulus....good enough reason to see some bear for a few days?

Yeah.. I wish too because any hints of slowing purchasing may bring out some bears.

But, I think it may short live. The bulls have multiplied.

Fed still got the foot to the accelerator. $85 bln/month.. $102bln/year it keeps
going until the printing machines run out of oil.

, keep printing until running out of paper should be more achievable .
All assets artificially inflated. go up and up and up and up

Market goes up.. Gold goes down. So, the thing that's working out for me is shorting gold these few trading days.
Long GLL (Inverse 2x Gold ETF)!

Short term trade only. Looking for exit when gold price around 1415-1420, or when GLL = 84/85/