Great Short Setup on LPAA
Classic short setup on LPAA. See below, it has broken down solidly below support, and has made a minor retrace back up to that support (now resistance). A resumption of the downtrend would be a great place to short with a nice tight stop just above resistance:
Jose V. said,
January 15, 2007 @ 9:45 am
uoy htiw ti trohs lliw I…putes ecin, lol
Born2Code said,
January 15, 2007 @ 4:02 pm
looks like a great pair-trade setup. short LPAA/long AAPL and double your reward.
Will said,
January 16, 2007 @ 12:25 am
Ha! I just knew there had to be some way I could find to short AAPL in any situation
Lloyd said,
January 16, 2007 @ 10:15 pm
man Will, you sure you don’t want to add some ads onto your site…with all this creativity, you may just hit the jackpot…I like
Will said,
January 17, 2007 @ 7:49 pm
Hey Lloyd! How y’are? I’ve thought about it off and on, especially after the traffic got steady earlier last year. I’ve actually included one Amazon affiliate link so far. May do more of that– specific stuff that I have control over. But I’m in no hurry. With my personality, if I were making $7 a month from ad revenue, I’d burn myself down trying to generate $8 the next month, and find myself chasing traffic like so many other sites. Next thing you know, I’d be writing about making fifty grand in futures from a $300 stake before lunch, which then coincidentally turned out to be a $300 steak lunch. “Look how easy it is to make money” draws all the traffic. I’m more “watch your ass or your money vanishes in flames.”
At the moment I think it’s best to keep making my money doing what I hate, and spend it doing what I love, and one day be able to transition over to both making and spending it doing what I love.
I continue to follow and enjoy your site, BTW. Great stuff.