• Dr. Kris
    Intraday support/resistance: $SPX 1451/1463, $DTX 496.5/502.5, $DJIA 13495/13625, Nasdaq 3132.5/3152.5, $OEX 668.5/674.5; $VIX 14.8/15.3
    10/4/12
    Reply (4)
    • realornot: Have you entered a ton of put orders on Apple?
      10/4/12
    • Dr. Kris: I'm waiting for it to break $650 first. Also, CBOE saying that AAPL VIX is up big today, meaning put spreads are the way to go.
      10/4/12
    • Dr. Kris: I won't be buying puts until Apple establishes a clear downward direction. I need a technical reason to pull the trigger.
      10/4/12
    • realornot: ok, I hv been shorting it multiple times. I see a weak trend building up. Hope bulls will take profits and leave the floor.
      10/4/12