Originally Posted by OldFart
might get into call options at the open...after the drop..
Not a good idea...here's why:
- We just hit the top of the trend within the current downtrend
- Earnings were...
I loaded up on Puts for GOOG, TZA and AAPL. Should look pretty good tomorrow morning.
Edit: 7/20/10 I made a mistake above, sorry! I meant calls for TZA since it's the inverse 3x of the small cap. As the equities decline, it goes...
Originally Posted by Quintious
400. You're predicting a 20% drop in 2 weeks.
And where is the asteroid that's coming towards earth going to hit, again?
Do I sense a bit of sarcasm? hmmm?
I understand you think I'm getting carried away or delusional, but I am careful about what I say when it comes to trading after the hard lessons I've gone through in this experience.
So may I present the chart that I studied before I...
GOOG appears to be low basing...which would appear another drop is coming.
Like I say, sure it could run...but I wouldn't give up my profit for a little more profit at this point. Especially if you're up 500% or more...sheesh that's...
I would take profit and run fellas!
Why risk giving up the profit with so much uncertainty?! Take it from someone who's been down this road before.
Sure GOOG can run more, but I think the run is over and we are going to...
Originally Posted by JROCK
Holding July 230 puts at .75
Could have sold a couple times for 60% but was expecting the big drop at any moment and have just held for a nice swing trade.
I figure it will hit $3...