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Cannot find it again just wandered around internet
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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I know little about charts; at least they do not move like I would think. However, AAPL has 10's of thousands in open call and almost no open puts---those boys wont pay out. AAPL falls and the market with it.
exhaustion bar, so AAPL at least will consolidate a little from here.
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stevej wrote:I know little about charts; at least they do not move like I would think. However, AAPL has 10's of thousands in open call and almost no open puts---those boys wont pay out. AAPL falls and the market with it.
Still have CNBC in the background... Jon Najarian just said that the majority of the activity in AAPL is in the options.
Makes sense. He cited the 530 calls that expire friday increased 400% in the first hour of trading this morning.
I would think that it would remain the case as the stock price is prohibitive for trading (v. investing).
"This exit strategy needs to be clearly articulated to the markets in order to avoid any confusion or consternation. "
Dream on.....that is NEVER going to happen. This is also an Alinsky Fed with its policy and a rule is to never get pinned down by making a significant solution to a problem.