The ACD Method

We have A ups everywhere. Shit, we have weekly A ups everywhere. Guys, don't try to fade this shit!!!! Get long!

 

nice breakout in ccj (cameco) today

 

on the es...thx

 

Got hit on my SPY short a bit, but caught some AAPL.. Man that thing is still going got out way too early!!

 

No no, on the SPY, I don't trade futures. Just wanted to be clear

 

Shan, all you have to do is look at the spreads today. There are no strong spreads which tells you everything is up! This is another way to use spreads even if you don't want to trade them. The spreads are telling you there is follow through today to the upside.

 

XLE/RTH spread seems ok. Some weakness in retailers.

 

Ya you are right, thanks! When I miss good trades like RIMM frustration can set in! There will always be opportunity tho!

Whats the monthly and weekly levels for AAPL here?

 

Weekly was 388, monthly 402.

 

thanks