Thursday, August 23, 2012

4:05PM AAPL Bear Porn Dream + Next Plan




Here is the bear porn dream for tomorrow, 648 first step, 640 second step.

AAPL lotteries have decayed to about $1 per contract from $3. 

The swing short on AAPL commons is doing well though


 Next Plan



We will plan whether or not to enter long calls if we get back to the 640 channel since the 600->675 rally was large, a second leg up is likely, the requirement being the pullback cannot exceed 640 decisively.

-Red Apple