Spooz Top 2, what are you...like 50 or 60+ now? and you've been doing this trading thing since 1996, if I recall what you said. You should be able to retire by now, if you are truly an ET. -- Unless, of course, you're just doing this for fun now and out of somewhat boredom,
Retire? I started at 26 in `96.... I`m in the prime of my life, brother... To retire is to die & to move to South Florida & go coffin shopping.. mope around the house & worrying why the mail in 5 min late..... I have lifelong friends near me that worked for Goldman & a partner at Appalloossa that technically retired at 45 with a staggering net worths... I could never play that corporate ass kissing game as I`m a lone Wolf that sought my own way. Take a look at Volente.. he`s my inspiration.. 72 & still rockin` it with the occasional winner & random Viagra inspired date! Part Art- Part Science and......
I thought we were going to end the week on a huge rally....all those great earnings and everyone talking how the market is going to new highs these last few days felt like the heavy selling was over.....a drop of 1% isn't heavy selling but when you anticipate a rally into the end of the week it's a pretty hard let down.....I have been adding short positions for the last 2 weeks. Just unloaded about 20% of them still holding on to the rest for the next few weeks to come.
Apple just getting knocked down again and again.....without iphone apple hasnt got much since most of their revenue is derived from iphone sales..looks like those precious iphone sales are finally falling...too much of a saturated market plus a phone that costs a $1000 that makes calls takes pictures and streams music....wow! Break through technology worth $1000? Nope. Battery can't even stay charged more than 3/4 of day long.