HotStockMarket › Forums › HSM Stock Forum › Stock Market Today › Stock Market Intraday Chat: May 7 - May 11
New Posts  All Forums:Forum Nav:

Stock Market Intraday Chat: May 7 - May 11 - Page 2

post #21 of 806
5/6/12 at 2:49pm

maybe apple will get a green day in a month or two.

Reply
Reply
post #22 of 806
5/6/12 at 3:06pm
Quote:
Originally Posted by Nate01 View Post

maybe apple will get a green day in a month or two.

 

I'm sure it'll come sooner than that but it's in an overall downward movement.  I thought you had $595 stop loss on those shares are you still holding them?

 

I only bought 1 $610 AAPL call after the earnings (it was @ 600 that day I bought) because usually it has few bad days after and bounces but not this time.  I wouldn't want to buy common shares with the way the market acts so all I lost was money on 1 contract it's too risky to load up on common while it still might have a ways to correct..

Reply
Reply
post #23 of 806
5/6/12 at 3:47pm
Quote:
Originally Posted by barbellman View Post

 

Bob,

 

I agree with you I don't think any France stuff is baked in.  I think we're going to see EURUSD react in a big way here 

EURUSD down nicely, I hope it stays down here for a while longer.

Reply
Reply
post #24 of 806
5/6/12 at 4:02pm
Thread Starter 
Quote:
Originally Posted by barbellman View Post

 

I'm sure it'll come sooner than that but it's in an overall downward movement.  I thought you had $595 stop loss on those shares are you still holding them?

 

I only bought 1 $610 AAPL call after the earnings (it was @ 600 that day I bought) because usually it has few bad days after and bounces but not this time.  I wouldn't want to buy common shares with the way the market acts so all I lost was money on 1 contract it's too risky to load up on common while it still might have a ways to correct..

 

One? One contract? Now you tell me. I thought we were buying 10/20 at a time. No wonder I lose so much. laughing.gif

Reply
Reply
post #25 of 806
5/6/12 at 4:04pm
Thread Starter 
Quote:
Originally Posted by StockJock-e View Post

EURUSD down nicely, I hope it stays down here for a while longer.

 

I'm only showing Fri. Have you got something more current?

Reply
Reply
post #26 of 806
5/6/12 at 4:11pm
Quote:
Originally Posted by BobK View Post

 

One? One contract? Now you tell me. I thought we were buying 10/20 at a time. No wonder I lose so much. laughing.gif

 

 

LOL.. Bob.. I hear ya I really don't like gambling much on options anymore.  Especially on long positons right now if it's short I'll get a few more but AAPL bouncing was a pure spec play

Reply
Reply
post #27 of 806
5/6/12 at 4:15pm
Quote:
Originally Posted by StockJock-e View Post

EURUSD down nicely, I hope it stays down here for a while longer.

 

 

Yep It just can't break above any moving averages.  I've sold off my position from weeks ago today I've been trying to reshort any bounce here. Decent trades so far..

 

 

Looking at the charts I had first line in the sand @ 1.3034 that broke

 

Now I'm looking at another line in the sand that bounced in previous sessions @ 1.2999.  I think we're going to touch this though sooner than later

Reply
Reply
post #28 of 806
5/6/12 at 4:38pm

nate- if you ever decide to change your avatar, may i suggest this one?

 

aaplyunogoupforever.jpg

 

did some photoshopping and this is how it would come out on the postbit... what do you think?

 

17epug.png

 

j/k... hang in there big guy.

Reply
Reply
post #29 of 806
5/6/12 at 6:10pm
S&P Futures getting some enthusiastic selling!

Already hit a low around 1347.
Reply
Reply
post #30 of 806
5/6/12 at 6:17pm

about to crack 1.30 support on the euro here 

 

 

update: cracked! 

Reply
Reply
post #31 of 806
5/6/12 at 6:27pm
EURO looks like it has plenty of downside potential.
Reply
Reply
post #32 of 806
5/6/12 at 6:27pm
Quote:
Originally Posted by rst View Post

S&P Futures getting some enthusiastic selling!
Already hit a low around 1347.


I hope that holds because I shorted the crap out of this market around S&P 1360 and I think if we actually close below 1349 we are headed for 1275ish and that would be freaking awesome for me!!

 

I can't tell you how many times I wanted to bail on the trade when we got above 1400.

 

If this works it will be my first big profit as a trader. banana.gif

Reply
Reply
post #33 of 806
5/6/12 at 6:44pm
Well done, Stevie!

A little too soon to be looking at 1275. Previous support around 1335 area from March needs to be taken out first.

Already reached about 1342, so selling is brisk! Good Trading!!!
Reply
Reply
post #34 of 806
5/6/12 at 6:44pm

Just started some longs at 1345
 

Reply
Reply
post #35 of 806
5/6/12 at 6:51pm
Quote:
Originally Posted by jdox View Post

Just started some longs at 1345

 



Are you buying for a quick day trade?
Reply
Reply
post #36 of 806
5/6/12 at 6:52pm
Quote:
Originally Posted by rst View Post


Are you buying for a quick day trade?

 



I think we will get back to at least the 1365 area by tomorrow but I will be keeping the stops tight.

Reply
Reply
post #37 of 806
5/6/12 at 6:57pm
Quote:
Originally Posted by Stevie_B View Post


I hope that holds because I shorted the crap out of this market around S&P 1360 and I think if we actually close below 1349 we are headed for 1275ish and that would be freaking awesome for me!!

 

I can't tell you how many times I wanted to bail on the trade when we got above 1400.

 

If this works it will be my first big profit as a trader. banana.gif

1273 is my target for late june. It was a rather important level back in 08

Reply
Reply
post #38 of 806
5/6/12 at 6:58pm
Jdox, over the next few days, could still trade lower without reaching oversold levels on the daily chart.

Fairly tight stops are a good idea. Hope you do well!
Reply
Reply
post #39 of 806
5/6/12 at 7:01pm
Quote:
Originally Posted by rst View Post

Jdox, over the next few days, could still trade lower without reaching oversold levels on the daily chart.
Fairly tight stops are a good idea. Hope you do well!

 

Thanks man! Already have stops in above break even so I'm good to go.

Reply
Reply
post #40 of 806
5/6/12 at 7:01pm
Quote:
Originally Posted by Jamesw View Post

1273 is my target for late june. It was a rather important level back in 08

James, if 1273 is your target for late June, where do you believe AAPL will be?
Reply
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Stock Market Today
HotStockMarket › Forums › HSM Stock Forum › Stock Market Today › Stock Market Intraday Chat: May 7 - May 11