Friday, January 24, 2014

Another Market Punch...

What is going on with this crazy market?  Another drop from horrible numbers overseas and FX markets. With all this volatility in the market, I decided to put a Hedge on my position with TWX. I am still bullish on my position, but just protecting myself from any downside moves that may occur next week.

Yes, I have bought a Call option for AAPL till Monday's earnings call. I have great expectations for Apple to beat their earnings EPS.

Well, hopefully the market will come back from this bump in the road and we can get back to making money with a upside breakout. Well, maybe not that far, but just far enough for me to make money on my long positions.

I shall keep you posted. Till then, Happy Trading!!!


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