.... and as usual..... cnms2 found some objection to the suggestion...! So typical of guys who can't think outside the box. Hmmmmm... ASEI only been up 10 since I posted.... and all in a crap market! how many times have I posted great trades on this thread and the original multioption thread??! AND it's all for free... no newsletter fees. LOL (just sprained my elbow patting myself on the back...... and its my tennis arm... damn it !) good trading... (just kidding cnms- i respect most of your posts)
Who cares. Traders buy/sell tops/bottoms all the time and don't jerk themselves off in public. Try it with your pants up next time. EDIT: Load up on DGX calls. I'll let you decide which. Also, LLY options are worth a look. FYI... put $5000 into a TOS account and will trade different option strategies to see how far it can go. this way it will be seperate from the rest of my accounts....
Give the ICEMAN his due. He called the top on TIE. Altough, I confirmed it... Iceman, if you ever do start a newsletter, I want in!
Just razzing the old sport. If his handle holds true it rolled right off him. LOW just had a split and the options are trading 1.25 strikes. Looks interesting. I own(ed) calls before the split--premiums dropped somewhat...
Multioption quote is "My expectation is for AMD to trade at 36+ by May06 ending" He didn't say which century, could be May 2106 or even May 2206. Just be patient I'm sure Multioption will be correct.
cnms -(or anyone else) tell me what you think: --JCI--- (johnson controls) you think JCI is possibly forming a h/s top (april-july) with a slant N/L (may-june) into earning on July 19th? -- also note gap from April near 74-75. what better time to fill it than after July 19. I have many positions in JCI. It also "looks" like it's heading to (test) new highs, however. But I always like to look at contrary views. It's right near the price level of the "left shoulder" and so far there is symmetry to the alleged pattern. One thing I learned to do is to look for symmetry in pattern recognition, i.e. so in this case we would look for a similar # of trading days between forming the potential L and R shoulders. IcE p.s. TY. took a few points from AESI since overall market was weak/uncertain so missed some upside - same with INFY (which I didn't post here). Note INFY and AESI both put in st bottoms at about same time while naz market is all over the place. Go figure. Keep eye on INFY for a potential short - but take no action until we see reasonable topping volume like back in mid-April ( >3-4mm)
just logged onto Et today... thanks for the 15 minutes of fame kudos, pattersb. I was urged back in the mid-90s to start a newsletter with a buddy of mine who was a really good bond trader and ran his own fund. Of course that was before I needed I/V gingko and ginseng, daily!