AAPL just going under intraday downtrend line, P is 168.31, R1 is 166.45.

Parabolic SAR, just turned down, another indicator we may move sideways to down till OE.

i agree with enature above, i’d rather have some room for this puppy to run after earnings.

Covered today’s crude short from 88.72 at 87.32. Will short again if 87.21 breaks.

Final hour approaching.. bears got a good dump there.. now do they cover, too $hit-scared of holding into tonight’s earnings reports, or lay on another raid for the close. Who is more scared at this point: bulls or bears?

I still say we rise.

[quote author=“Tommo_UK”]Just bought for a trade at 169.48. Stop at 169.10

Raising stop to 170.50 and will continue to raise it with any rally.

$171.04 now.

By the way, Nokia reports on Thursday in the morning, and it will be fascinating to see how they describe their US sales - especially the high-end handsets which compete with the iPhone - and how they see any impact in Europe. They will undoubtedly pooh-pooh it. Frankly, I want a strong Nokia report, for the sake of the market.

[quote author=“Tommo_UK”][quote author=“Tommo_UK”]Just bought for a trade at 169.48. Stop at 169.10

Raising stop to 170.50 and will continue to raise it with any rally.

$171.04 now.

Great trade!  Timed perfectly. 

15:19   EX-FED CHIEF GREENSPAN SEES NO IMMINENT DANGER IN WEAKENING OF U.S. DOLLAR, according to CZECH NEWSPAPER - Reuters

Oh please.. STFU… find yourself a nice Eastern European mistress, buy a castle in Bulgaria (they’re still cheap there dontchyaknow) and just go away will you?

If we can get over 171.50 the stock could ramp into the close… I will otherwise raise my stop to 171 at this point though.

$171.28 now.

Edit: just sold it at 171.37 .. don’t want to be greedy - was just a scalp and ended up good for almost $2 profit.

Edit2: If AAPL gets over 171.50 I may buy again for a run to the close…

[quote author=“Tommo_UK”]If we can get over 171.50 the stock could ramp into the close… I will otherwise raise my stop to 171 at this point though.

$171.28 now.

Edit: just sold it at 171.37 .. don’t want to be greedy - was just a scalp and ended up good for almost $2 profit.

Edit2: If AAPL gets over 171.50 I may buy again for a run to the close…

Nice job Tommo wish I had the capital to make these short term trades worthwhile.

How come you just didnt keep raising your stop though?

[quote author=”$Billyall”]Nice job Tommo wish I had the capital to make these short term trades worthwhile.

Leverage
[quote author=”$Billyall”]How come you just didnt keep raising your stop though?

Stock looks toppy and prone to fast moves in an environment like this.. hard to get orders filled when it moves like that so I thought I’d just take the money off the table in case there was a downdraft in the final 25mins. Was a good trade so why be greedy

[quote author=“Tommo_UK”]Was a good trade so why be greedy

The golden rule for successful trading IMHO.  Agian, nicely done!

[quote author=“Tommo_UK”]If we can get over 171.50 the stock could ramp into the close… I will otherwise raise my stop to 171 at this point though.

$171.28 now.

Edit: just sold it at 171.37 .. don’t want to be greedy - was just a scalp and ended up good for almost $2 profit.

Edit2: If AAPL gets over 171.50 I may buy again for a run to the close…

I just can’t see that $170 strike not being the magnet until after OE…....

[quote author=“Tommo_UK”][quote author=”$Billyall”]Nice job Tommo wish I had the capital to make these short term trades worthwhile.

Leverage
[quote author=”$Billyall”]How come you just didnt keep raising your stop though?

Stock looks toppy and prone to fast moves in an environment like this.. hard to get orders filled when it moves like that so I thought I’d just take the money off the table in case there was a downdraft in the final 25mins. Was a good trade so why be greedy

Yeah I guess its not so hard for someone like me to dump 50 or a 100 shares quickly but you are probably moving a good bit more.

I have been pulling more cash out of my options so I can buy a dip and I almost jumped back in a little at $169.72 but second guessed myself. I think I will get a better deal Monday.

[quote author=“Tommo_UK”]If we can get over 171.50 the stock could ramp into the close… I will otherwise raise my stop to 171 at this point though.
$171.28 now.
Edit: just sold it at 171.37 .. don’t want to be greedy - was just a scalp and ended up good for almost $2 profit.
Edit2: If AAPL gets over 171.50 I may buy again for a run to the close…

Argh - why wasn’t I greedy ... well over $172 now .. I should have stuck to my original plan and not behaved like a cow :x

UNH report tomorrow morning before the bell. Anyone going in for a trade?

172 now. Crazy market. NASDAQ up 38 points, then down 10, now up 23 again!

My head is spinning. 

[quote author=“Tommo_UK”][quote author=“Tommo_UK”]If we can get over 171.50 the stock could ramp into the close… I will otherwise raise my stop to 171 at this point though.
$171.28 now.
Edit: just sold it at 171.37 .. don’t want to be greedy - was just a scalp and ended up good for almost $2 profit.
Edit2: If AAPL gets over 171.50 I may buy again for a run to the close…

Argh - why wasn’t I greedy ... well over $172 now .. I should have stuck to my original plan and not behaved like a cow :x

UNH report tomorrow morning before the bell. Anyone going in for a trade?

You did great man!

Take a look at NVDA up 7.6%!! I was going to buy options yesterday but didnt do it. I own about 100 common back from June (up 48%)  and have been kicking myself for not adding to em.