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  • nahid666p nahid666p May 21, 2012 3:36 PM Flag

    Perfect head and shoulder forming here

    GOOG, PCLN, AAPL, .. are up today but not on the big volume.

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    • I bought aapl in the morning when it didn't close the gap. Bought amzn puts at 218, too soon. I am holding both, will sell the calls if I see weakness. I am holding the puts till end of week. I am not expecting markets to go back much higher, the bank are still getting dumped on. Again expect side-way action, and now we are getting the higher end of the channel. Strong stocks might have a slight positive uptrend, so aapl doesn't necessarily have to see the year lows for a bounce back. Big candle stick means high volatility for the rest of the week.

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