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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (2842)3/17/2005 12:18:16 PM
From: energyplay  Read Replies (2) | Respond to of 13449
 
I just sold various AAPL puts that I bought earlier. I had taken some nice profits before, but for the items I sold today, losses were greater than profits.

>>Those little tiny steps ramping up, followed by this big move today, look like a resumption of the upward trend to me. Might even get some parabolic action - AAPL is popular and there are lots of shorts.

Bought a very small number of April calls. I still have tons of tech puts, but I want to start hedging and wrapping up a bit.

Yesterday was not down that much for tech, but many people were very negative -

*****

Biggest thing in the market seems to be the reversal from one day to the next - up/down/up/down - this seems stronger than any other factor.