The ACD Method

So here is the 10 trillion dollar question. Do we get good news/bad action tomorrow in the market. I think we might just get it.

 

if you are honest the binaryness (is that a word) of earnings plays will kill you. I would say on balance market makers have won vs retail when it comes to earnings plays due to vol collapse.

 

BTW, AAPL bounced nicely off the weekly A down today at 420!

 

That's the level I was looking at. Reminiscent of last Tuesday's end of day set up into Wed's weekly A up confirmation.

 

Completely agree. Have a feeling we don't even get the highs of the AAPL pop after the open, (though I'm very happy to be wrong on this).

 

Yes it did, and it made my month! Was not looking good for January until this one.

 

I was always told "intuition is what separates great traders from good traders".

I have to say that after AAPL mind blowing #'s and yesterday's strength I did expect this mkt to be up!

 

01-25-2012 pre open

 

WTW strong yet again, breakout continues.

 

Wow, S&P just won't give up that weekly A down will it?