Am often asked why I trade options four months out, less likely to be exercised. Although this was started as swing trade, unless exercised, I keep till Six weeks left to spread. I did exit spread near close today. Been playing game long time, nothing much surprises me. @margin_gamble nice calls.
God bless you Ken And you are so right about the attackers. I've never ever known one to come back and say, sorry or nice call.
Hey guys, just updating this thread because after all APPLE has been the #1 of all time, indeed a magnificent company, such stellar produts. Its been an honor to go up against such a magnificetn beast. The chances of my success with the CALL to exit all LONGS was so utterly dangerous but my SOUL demanded I declare it as I felt it in my marrow. Look where its at today. Jesus H Christ its arrrived at the red dashed line 23.6% Fibo level. The numeral 23.6% can be seen on the left edge of screen Apple has a very long way to go south.. I believe I had a target on Page 1. But I will put a monthly target next week.
Spectacular less for TA aficionados .......... after breaking and breaching the 200-day ema (green) Apple went back up to kiss it and then dove south. Observe in the lower panel how Macd has hooked. This "hook" signal is a very strong component of my analysis/trading Just saying ............. just my 2 cents ................... I've also left everything as-is as in day 1 of the posted chart with all lines and pattern as-is.
Des, you beautiful fellow, thanks for stopping by. I was worried yesterday you would not want to talk to me no more. I'm easy Des, I don't hold grudges. Pls visit more often. Love you brother