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Technical Analysis, Momentum Trading — iBankCoin

AAPL: Bought @ 174.94

by RaginCajun on July 2nd, 2008 at 9:32 am

Added to my (AAPL: 80.49 0.00%) position at the open.

Also bought (SQM: 18.15 0.00%) @ 44.51

Note: (SWN: 23.73 0.00%) BTFO!

22 Responses to “AAPL: Bought @ 174.94”

  1. Gunners Says:

    SWN!!!!!! SLB!!!!!

    RAGIN CAJUN WINS AGAIN!

  2. boca Says:

    ICO looking good too. Ragin is the best.

    Adding, I got back into MA 260 puts this morning at around $6.50 average.

  3. Hattery Says:

    SWN banking some “Cajun coin” (substitute for the phrase “mad money”)
    Death to SOL, WFR and all things solar!

  4. Gunners Says:

    Boca,

    CAT looking terrible this morning! i got on the Aug 70 puts with you. here’s to a few points lower!

  5. Cajun Says:

    look @ SQM. Just bought more right here.

  6. BUYLO Says:

    boca how is ICO long looking good? down 3% and another 2% from last day or two, for a total of -5% in a few days. is patience here the thing to do? Appreciate yr opinion.

  7. Cajun Says:

    Do what you want with ICO, I’m holding mine.

  8. - Says:

    ICO seems a loser, they had some news for a convertible (could have been old news rehashed), but does not seem a good short term long. I am long and frustrated but see a lot of selling. stops for me are 11.96

  9. BOTD Says:

    nice job on AAPL! july 11th is coming, !!!

    RC - buy one call on HK, for me. if we’re wrong we’ll pay you back.

    go team! ?!

    and AGUGA!

  10. - Says:

    wow ICO killing all possible support until major at 12

  11. Cajun Says:

    Bought more AAPL @ 173.74

    Late day rally coming.

  12. boca Says:

    Buylo, at the time I made my comment I actually had a profit in ICO, of course now it’s gone down hah. I am not adding here but I am staying in (and like it) for the longer term (for me that means three to six months).

    If you want a short term trade or day trade, I can understand if you view it differently.

    Glad you’re with me on CAT Gunners … CAT has a history of making sudden multipoint moves, so I’m sitting here patiently waiting for the day when it decides to plunge a few points.

  13. boca Says:

    my MA puts doing nicely (again). I paid myself my very first “paycheck” from my brokerage account yesterday thanks to MA.

    Cajun, check out SLX puts as a possible way to short steel. Hat tip to Hattery for the idea.

  14. Cajun Says:

    Momo sectors getting destroyed

    From Stewie

    “IMO, market leadership is dropping off one by one and after this reflex bounce has run it’s course, there will be SERIOUS tankage.”

  15. Cajun Says:

    I’m still betting on a huge “monster” short squeeze today.

  16. boca Says:

    Short squeeze coming on VMW maybe?

  17. Gemini Says:

    Is it possible that the ADP Report has scared enough longs (and emboldened enough shorts) about the payroll report for the relatively popular “bounce” scenario to not play out?

  18. Cajun Says:

    C’mon AAPL “You can do it!”

  19. Hattery Says:

    BHP hanging on the edge of a cliff.

  20. Hattery Says:

    just took my puts off the table in SQM, and I’ve added to my calls…
    I might have to go and reverse it if it doesn’t bounce fairly quickly here.

  21. e3k Says:

    what’s up with SQM?

  22. Anonymous Says:

    Butt the Fuck Out

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