If you’ve been following my blog this year, there is a certain indicator that has worked over, and over, and over again. One that would make you rich if you were able to pick up on it.
Want to know what it is?
Well, its actually my drawdowns.
In the days following an account draw down, coincidentally, my stocks explode to the upside. Coincidence? Well, not really. It’s all part of being in rhythm with the market. In other words, make sure you are holding the stuff people want to buy when they want to buy stocks. Apparently, some folks wanted to purchase my positions in SHLD, XONE, FSLR, CIMT, ONVO, RIG and JASO today.
Want to know what I love about all that?
The S&P went up a point today.
That is all.
OA
UPDATE: NEW LINK AND PASSWORD AVAILABLE IN THE After Hours with Option Addict BLOG. http://ibankcoin.com/afterhours/2013/11/11/ahwoa-link-and-password/
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up 3% today, wish everyday was like this, but when I read members up 40-60% I only think of the downside…Yawn…
Market of stocks….beautiful
bot $YELP DEC call
Ditto
$64s OR $65s?
Wait – now that I look at the chart – maybe 70s?
Swing for the fences man–100’s!
dec .70
Thanks – nice trade!
Congrats on a good day! I’ve also been in ONVO (since 4.09) and loving the ride!
Hey Jeff,
Could you please give feedback on SPLK position, expiring this Friday Nov calls. Thanks
Sure, in what context?
Salvage and exit the calls? Or wait it out?
Well, its slowly moving up. If you think there is a chance for fast up this week, hold. If not, salvage.
Bot JASO Dec 13 calls @.6
GOGO – Where do you get off this train??
Is a pull back on YGE a buy sign? if so, how far should we consider it a failure?
Not a sign. I meant to say opportunity
My finger is on the trigger here today. Bought SOL a little bit ago too.
Did anyone see that massive downward volume spike in GLD just now? What gives?
I’ve been long ONVO since $5.00. Thoughts on grabbing some covered calls against it now?
oops mean to post at bottom not as a reply to your gld comment, lol
OA, you may have covered this before but what do you think of NUGT calls here for a 2 to 3 week hold?