funniebucket • Apr 21, 2016 10:28 AM
let us explain why we exit all but 33% of our AAPL... it's a basic simple thesis... so easy you will appreciate it... if you look at history of any industrial margins, the first years are glorious, but soon after the honeymoon is over margins return to within reason...
steve jobs left no new products to develop, we thought that said a lot the company as to the size of our investment in the future
our plan was to jump out to fast head start but only after first few minutes of ugly open bell, then use leverage on low priced stocks not like GOOG cuz we only had $50K to work with, so we needed a drop and bounce morning and cuz 3 indicators didn't fall badly we knew market could be scalp traded to the buy-side as long as we got some small dip at bad open bell, and we got it, we got lucky, but we had a plan that let us get lucky, and we knew it was going to be fast trade entry exit quick... so today turned out to be good timing in our favor only cuz you picked wrong day to play... sometimes wind at british open can change your game, today it did, you probably would have won yesterday cuz we traded somewhat rarely yesterday... yesterday we were biggest trade oil, we held til futures closed and exit oil, sorta quiet boring for us, but still a happy big oil day for us yesterday...
...we will review tonight and see which holes in market we find and take it as we go...
...we going kite boarding now... winds are too good to pass up as they are coming on shore... SE 23 Knots
same thing happen to us in first 10 minutes of trading, that's why we allow it today, need to be reasonable and flexible of what is possible and what is unacceptable... in this case it's reasonable and it did happe... forget it, move on
indicator update... not much change... commods off 1% and chips about half that loss lower, but cooper was up and saved the day of a much uglier market that could have been... we let you know if any change take place
we gotta admit we didn't think you had it in you to post trades, and cuz of that we were surprised... the your you're thingy is all in good fun, it's just your being to uptight, maybe your in need of a drink at the bar of you're choice
ok so what's our winning prize? you remember what you said? or you gonna complain about broken rules little school girl
choco so busy explaining the rules of golf before we trade he missed the ball and sunk in water short of green, choke artist worried more about rules than how to play the game and win
no way to catch us now, we shorted VXX and long TQQQ, if AEA exit we will too, all in good hands now... now where do we collect that green jacket full of money