AAPL is so big and so volatile.. don't ever go ALL IN like this no matter how bullish you are and how you love their products.. Very DANGEROUS because the bigger they are, they harder they fall.
People bought at 700..thinking it may goto $1000, suffering like crazy now. Always be nimble!

Also, too many funds and big boys controlling this thing and they can manipulate like crazy to shake
out small time investors like us. The financial news can be tuned to scare retail investors too.

So, just trade it and go long on rare opportunity when you see capitulation. It happens Nov16th and happens overnight.. AAPL likes sharp V shape recovery. Buy in tiers..limit orders and almost use stops!

AAPL now needs to tag 560-570 to overcome the big huge candle yesterday and onwards to
re-tackle the 200MA again (or the death cross now).


As for FB (fav. stock to bash since fubar IPO).
I like to SHORT now.. watching for opportunity to dip below 26.68.

This post has been edited by danmooncake: Dec 7 2012, 11:15 AM

Nice... time to play the long for AAPL.

Yup, "gradually" better.
It seems that they got 146k vs 80k last month. Sandy storm last month has no impact.

The other view saying most people stop looking for work and won't be counted (but market doesn't care.. )

Holiday hiring..that's why driving this up for now.

Let's go up at least for tonight and make some money!

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Added on December 8, 2012, 12:17 amUpdate:
Nope.... still short for for AAPL.. taking advantage of the gap up to sell.

Sell 550 Buy 530'ish, pretty broad range.

This post has been edited by danmooncake: Dec 8 2012, 12:17 AM

Yeah... I 'm not sure why AAPL wants to many different products and their product cycle is getting shorter and shorter.

Before iPAD3 nearly complete its one year... they got iPAD4 big and mini out already.
Now, what happens to all the unsold iPAD3 inventory?

AAPL slow to penerate China market.

Nervous? I don't think so.. maybe just want to remain as cult status so that fanboys will also collect and
keep buying their stuff.

LVS chart kinda looks funny after the ex-divi.. some platform chart like MBtrading still haven't adjusted the ex-divi,
looks like a big gap there.

The new price is adjust -2.75. Looking at the lows and high, the current 44.xx is actually almost 47.xx.
So beware of the new price adjustment and adjust your entry/stop.

Looks like the downgrade make them puke out.

But, I think .. that's looks like a good trading opportunity.

At the bottom of the BB now, near support at 620.
I think I may take a jab, maybe with a tight stop.

In PCLN 628.. tight stop @ 625. Let see what happens.


AAPL update: Gap up again after being squished down from yesterday.
Topside: 550, downside: 518 (pretty big gap)

By the way, this news could be upsetting for AAPL fan boys. Not sure if this real or not, haven't checked the source.

Guy Kawasakie Becomes Android Fan

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Added on December 12, 2012, 9:50 amGot kicked out from PCLN..

This post has been edited by danmooncake: Dec 12 2012, 09:50 AM

Bulls are looking for signs of QE4.. at the end of FOMC..

Stay cautious here.

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Added on December 12, 2012, 11:12 pmScalped AAPL puts tonight... in 545.50.. out 539.50.



This post has been edited by danmooncake: Dec 12 2012, 11:12 PM

Yup! Very nice.. took profit right on 16.15, it could go even higher.. but I'll putting a 25c trailing here.

Where got window dressing? More like sell off first... take your money and cabut!

Frankly, I can't tell the future, but I'm glad to share what I can see in front of me.
There is a light at the end of the tunnel.. but it could be a train coming real fast too.
So, we all must be very cautious to just jump aside and let it pass in this choppy market.
But, if brave enough, can jump on the train for a thrill ride..

The US market allows both bears and bulls to win.

I think we'll most likely see it next week.. HUGE head and shoulder and right shoulder is finally completed.
Looking forward for 470-480 as price target for support...

Not yet... but it is at the neckline. Looks like tonight, lots of bulls are defending it. Premarket, I did see it moves below $500 but quickly gained back to 509. 500-505 gotta to hold here otherwise.. kaput. This is extremely volatile.

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Added on December 17, 2012, 11:12 pmIn for AAPL PUTs in the 508 area for quick scalp. Let see if $500 can break or not.

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Added on December 17, 2012, 11:20 pmI'll take some off if we get to 501-502 area.

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Added on December 17, 2012, 11:23 pmOut 1/2 at 501.50

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Added on December 17, 2012, 11:28 pmLooking for a break below $500.. then I'll exit the rest.

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Added on December 17, 2012, 11:58 pmStopped out. 507.

Still managed to scalped a few points tonight.

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Added on December 18, 2012, 1:31 amAAPL showing signs on bullishness (bounced back up to 515) again after near death at 501.

Watching this for a reversal play.

This post has been edited by danmooncake: Dec 18 2012, 01:31 AM

Nobody wants it to happen but the US politicians are just delaying the inevitable because they don't want to cut spending in areas that are just too sensitive.

Some willing to let it go over the cliff with a bungee cord, hoping the cord will stretch it down to the abyss to let them have a taste of what's it's feels like first and bounce back up. Thrill ride!!

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Added on December 19, 2012, 12:59 am( C ) is back the old $4 again (prior to reverse split).. but still below that $5 mark when we used to play that range ($4-$5).

Still got long ways to go for C.. this used to be a $20 stock (or $200 by today post-reverse split).

Same goes for BAC.

This post has been edited by danmooncake: Dec 19 2012, 12:59 AM

Yup! They sucker all the gold bugs folks in.. and went in the slaughter.

It's Doomsday.. ALL hands SHORTS all the way!!!

Yes. That's FINRA rules on DayTrading Margin Requirement, nothing to do with the broker.

Anyway, continue to watch the market peeling off as the fiscal cliff is becoming a reality.

Anyone here watched Thelma and Louise?

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Added on December 24, 2012, 11:11 pmLow volume tonight with half day trading. So I expect low volatility too.
Going to sell some out of money calls and puts to advantage of the short week.

This post has been edited by danmooncake: Dec 24 2012, 11:11 PM

No, but it's the ending of Thelma and Louise.. that's what its feels like for the US market. Going over cliff.

Sold calls working out nicely for AAPL.

Sold Put, not so much but need AAPL to stay above $500 by Friday, I'll be ok.

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Added on December 28, 2012, 1:55 amRemoved the 500 put and added more shorts of the 520 to 515 calls..

Ready to watch the bulls jump over the cliff soon.

This post has been edited by danmooncake: Dec 28 2012, 01:55 AM