• YoMeMeNe
    will AAPL and PCLN perform well today? rem tomorrow no trading but monthly job report will be released.
    4/5/12
    Reply (29)
    • OneLongTrade: Sure why not. They're already off to the races.
      4/5/12
    • YoMeMeNe: PCLN seems strong but AAPL seems weak today. what is ur prediction OLT?
      4/5/12
    • OneLongTrade: They're both outperforming the market and I think it stays that way before the long weekend. AAPL consolidating at this level for multiple
      4/5/12
    • OneLongTrade: days could signal a short term top before a 2-5% correction. However it'll probably chug higher until earnings.
      4/5/12
    • shadyejr: 630 for AAPL?
      4/5/12
    • YoMeMeNe: shady AAPL looks weak today I doubt if it finishes green
      4/5/12
    • shadyejr: yea i was just about to say that. PCLN has been a beast lately tho. i sold 740 calls today. Can't wait to see what it does next week.
      4/5/12
    • YoMeMeNe: it is funny I am also waiting for the right time to sell 740 calls for PCLN.. looks like it will go up more today
      4/5/12
    • shadyejr: honestly PCLN is such a see saw its like you could basically buy out the money puts and calls and just wait for each to profit
      4/5/12
    • shadyejr: it would be nice if AAPL hit 630 tho.. i have a 625 and i'm unsure on when to sell.
      4/5/12
    • YoMeMeNe: what kind of calls? weekly or April 21 one?
      4/5/12
    • shadyejr: weekly
      4/5/12
    • YoMeMeNe: looks like AAPL is getting strength as the volume increase. if I were u I will wait until this afternoon.
      4/5/12
    • shadyejr: 630 now AAPL still think i should wait?
      4/5/12
    • YoMeMeNe: right now I am seeing as the volume increase so does the price. I think u should wait a little.
      4/5/12
    • shadyejr: AAPL i would hold if i thought it would hit 635, but honestly do you think it can hit this today, it looks kinda weak up till now
      4/5/12
    • OneLongTrade: Why don't you use a trailing stop on your calls and let it ride?
      4/5/12
    • YoMeMeNe: I second that OLT!
      4/5/12
    • shadyejr: i do. The other day i set a stop on a PCLN and it got sold when PCLN took a sharp dip and then ended up for the day.
      4/5/12
    • OneLongTrade: Doesn't matter. Those things happen. If you're already positive on it, it's greedy to try and expect to sell at highest point.
      4/5/12
    • OneLongTrade: And trailing stops adjust as the price rises so you usually don't miss out on too much. Of course options are far more volatile, but the
      4/5/12
    • OneLongTrade: concept still applies.
      4/5/12
    • shadyejr: i hear you @onelongtrade. I'll take the profit. TOnight me and the wifey hit AC-OLD up anyway so i'll just spend it there lol
      4/5/12
    • YoMeMeNe: good for u Shady lol... looks like there is a strong resistance at $630 like Tuesday! AAPL has trouble breaking it so far!
      4/5/12
    • shadyejr: AAPL looking to break 630 now...
      4/5/12
    • shadyejr: Any one getting in on some AAPL and PCLN weeklys for next week. When the weeklys get around 1.00 i usually purchase and wait for them to 3x
      4/5/12
    • YoMeMeNe: I think the resistance is broken I have a strong feeling it will hit $635 or more!
      4/5/12
    • YoMeMeNe: everyone expects good news tomorrow AAPL might go higher at the closing since no trading tomorrow
      4/5/12
    • shadyejr: i already sold, of course it would pop up a lil after. Watever i got profit, monday is another day.
      4/5/12