GM HOBsters HAPPY THANKSGIVING WEEK!!! :-)
I hope everyone had a good weekend. This week should be fun, first of all it’s Thanksgiving and I am going to a HUGE get together..
with so much great company, good food, good wine
Just remember the volume will be very light, so there could be some volatility. Now on to this week’s trading, last week we held the 1086 Fib level, which leads me to believe that we will go higher this coming week.
The trend is still in tact, higher highs and higher lows. So going into this week I am bullish with several calls and call spreads, Apple, Rimm, EEM, POT and SPY and GLD. I wish now I had hedged myself on Friday, but I got so busy, that I let that get away from me.
I am also going to start a private mentoring program with one on one sessions that I am trying to put together over Thanksgiving, there are many who would like that, and I have to work out the criteria and the best way to implement this. I am trying to figure out a cost that is fair for one on one and for me. As most folks know I have spent 5 high figures on my education, and that was in a group setting. So on one on one sessions will be on the higher end of course. I only have so much time to dedicate.
I am thinking I would rather have the money for the sessions to go to the animals, but depending on how it goes, if my trading is affected to a great deal, it might have to feed me too ![]()
I would use a “Go to Meeting” type of forum where you can watch how I would pick a trade/find the right options strategy/adjustment/closing a trade and it would be an audio meeting of course as well as visual.
I am looking at JCG for a bullish trade and that is a Vertical Call spread DEC 40/45 for 1.85-1.90 Profit up to 3.10-3.15




