murray t turtle
Registered: Dec 2001
08-06-12 09:57 PM
Quote from iceman1:
I lived through the 1980s and 1990s market-mania craziness and the movie Wall Street greed is good period; and the NAZ bubble burst and the R/E bubble pop.
So I guess it's nuts for me to ask such ridiculous questions since I am sure there are many on here who can give a thousand rationalizations why AAPL gapped to hit 570 and since then won't stop climbing higher!I obviously sold my 580 and 590c waaayyyy too soon, even though
I have bought other strikes since. But I sold into spreads and the upper strike has long since been exceeded.
But then I rely on logic and sanity to live life every day. Same does not apply in the markets!
Thanks goodness I have a day job so I don't have to figure out the nutcake hedge fund scumbags who manipulate these markets/stocks - LOL
Actually $577 area was [and is]quite logical sell/longs;
APRIL monthly candle close And market still has not taken out that month close/month high
So no- dont sweat the small stuff;
PE is still quite reasonable, but its a lower probabilityuptrend ...now.Plenty of logic in market, not that its all logic-they over shoot the upside & downside.
Its hard to stop a train;
its hard to stop a Trane, its hard to stop a trend.[10 year/25 year candlecharts/monthly.
Wisdom is profitable to direct