• OneLongTrade
    More proof that all gaps fill eventually, NFLX gap from previous earnings filled today. SHLD filled the gap from Feb today.
    4/23/12
    Reply (15)
    • OneLongTrade: AAPL has a nice, sweet gap at $430. As unlikely as it sounds, I think it too will fill it eventually, just not anytime soon.
      4/23/12
    • Brian Benda: I picked up some May 515 calls Friday at the close, sold them late today for a push. Break down below $567.50 is bad news here.
      4/23/12
    • OneLongTrade: Could be, but personally I think AAPL put in a short term bottom. Too much love there. They should rally off earnings.
      4/23/12
    • Brian Benda: Really did not like that AAPL could not get up above $576 today, bucking the trend. Money flow shoulda been big into AAPL if good bet here.
      4/23/12
    • OneLongTrade: Dragonfly doji candlestick pattern too. And it managed to close above the 50 day MA despite spending most of the day below it.
      4/23/12
    • Brian Benda: Couldn't beat technical intraday resistance. Grinded sideways instead. Break up from here looks temporary. Break down looks ominous.
      4/23/12
    • BadCop_NoDonuts: Big money working to shake out the scared puppies more than usual. Essentially setting up another "surprise" for those on board.
      4/23/12
    • Brian Benda: Yea, close to a dragonfly doji, but not textbook. More of a spinning top. Really had a chance at bullish hammer, but couldn't do it.
      4/23/12
    • OneLongTrade: True Brian. If it were that easy to get perfect signs, everyone would rely 100% on technicals. While I agree long term AAPL goes lower,
      4/23/12
    • OneLongTrade: I just can't see a scenario where it breaks down after tomorrow. Short term technicals set up a pop. Would need to see a real bad miss.
      4/23/12
    • Brian Benda: I agree, OLT, which is why I bought 515 calls, really strong support there, but just convinced today. Better places to put money. #NFLXputs
      4/23/12
    • Brian Benda: *just NOT convinced
      4/23/12
    • OneLongTrade: I almost bought some myself, but I'm getting conflicting signals. I'm sticking to shorts in CMG, LNKD, CF, CRM as they seem to be working
      4/23/12
    • OneLongTrade: I may get long calls Wed. after some intrinsic value gets sucked out of AAPL options post earnings.
      4/23/12
    • Brian Benda: Trade what you know. Good luck! :)
      4/23/12