The ACD Method

aapl rolling if it gets above 500 lookout!

 

I don't use weekly confirmations after Wednesday as they tend to be unreliable. My weekly is up at 1357.75.

 

My god, I actually forgot it was Thursday. Thanks Mav, boy, I need more sleep...

 

I still think this option expiration is going to hold things in check until next week.

 

aapl is a beast today right at pivot point. Mav have you read this thinking of picking it up:

http://www.amazon.com/Oils-Endless-...25/ref=sr_1_1?ie=UTF8&qid=1295887680&sr=8-1MT

 

I'll check it out. Yeah, AAPL has rallied 17 pts off the lows!!!! That thing is a beast. The weekly options in AAPL is the new crack.

 

http://ftalphaville.ft.com/blog/2012/02/16/884611/vix-dog-millionaire/

Interesting piece on the various volatility ETFs.

 

don't know if you saw this thread, there was an implication that these guys aren't really hedging at all, interesting.

http://www.elitetrader.com/vb/showt...10&perpage=40&highlight=garachen&pagenumber=2

 

Mav,

Thanks for posting the book: Trader Vic on commodities.

Would easily one of the top 5 trading books ever read

 

Wow, look at this MSFT. Old school tech is back in fashion. When was the last time MSFT was up 4.5% in one day? 1999?