Filled: DIS. Oct 19 50 puts, XOM Oct 19 90 puts, MS Nov 16 17 Puts. As I type this, already in the green for XOM and DIS Watching csco, will hit it on weakness
With apple under performing so will the Nasdaq. Guess that invite to the ipad mini event was nothing but more rumors, not good, so many analysts were anticipating this event to happen in the next week and now that it hasnt they might have to think twice about raising apples price target. This market looks like its getting weaker and weaker by the day. SPX 1250 is on its way!!!!
Appl leads the market. ES Will see good support at 1300. Many stocks still primed for selloff, lots of meat for the taking. make money.
Aapl has found support. with market strength I will buy Nov calls. Will update strike if trade is made
With market weakness looking to buy otm Aapl nov 600 puts. Expecting the big guys to use goog earnings dissapointment to initiate the usual assrape of weak longs in a downtrend. Holding on to my Nov puts in MS and Orcl till ES 1300 or a 5 bagger. Itm nov puts in any high liquidity stock is good for a 2 bagger from here.
Still in holding pattern with orcl and ms. Primary indicies are weakening, expect these to break today. If not I'll defer to the fund managers supporting prices and exit and observe. KFT on my radar for weakness at these highs. Right now appears fund managers buying on hopes the poor buy more macarroni and cheese.
Going to close out all my puts today. Expecting the self-described capitalist retards aka corporate welfare addicts on wall street to buy up the market in expectation of new corporate welfare programs/government bailouts because of storm and weak job reports. Will wait for aapl to hit 650 to buy long term puts. Once reality sinks in, these same welfare addicts will run for the first exit. 2013 will be a short sellers dream year.
Looking for sideways to a weak bounce next week in the markets. Will purchase aapl 525 dec calls. Watching Orcl and rimm to buy dec calls