Option Addict | Comments Off | "Of ICE and Men"
Wednesday, April 23, 2008 at 09:15AM Here is a quick follow up to my post about ICE yesterday.
ICE- A quick look at the chart and this looks like a nice "rounded" bottom.

If you recall...there was a big buzz over the same pattern in AAPL recently...

And we all know how AAPL has performed...

Don't see the similarities? Line them up...

Similar? Definitely. This was just an observation of patterns and wanted to see if anyone recognized the similarities. I went long yesterday at the close. My stop (mental) is a close below $150. My plan was to scalp a few bucks ahead of earnings. The options were relatively cheap enough to do this.

I bought May expirys. Nothing ventured, nothing gained.
Option Addict | Comments Off | 





