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2012/03/20

NBA

 
 
NBA

nba

It was an NBA day today.  The only things that mattered on TV, the net, from analysts, etc was Apple and NBA stands for “Nothing But Apple.”  
 
The iRally continued with the AAPL dividend announcement: all markets closed higher. The other things that continue are the unbelievably LOW VOLUME and a market completely devoid of volatility!  
 
The following video is quite good as it covers all of these topics and more.
 
http://finance.yahoo.com/video/personalfinance-18826566/aapl-spells-dividend-for-apple-stock-holders-company-plans-payout-stock-buy-back-28658030.html

Trade well and follow the trend, not the so-called “experts.”

Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters.


larrylevin@tradingadvantage.com
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Trading Signals from the Electronic (ES) mini-SP 500
    1. No “Secret” signals today.
    2. Algorithm positions (4)
    3. “Reading the Tape” positions (0) …combined Secret’s, Algo, &   “Reading the Tape” total… -1.00
                      Click Here to See Yesterday's Detailed Results
       

       
      Value Areas:
      ES        1406.50 / 1399.50
      POC... 1405.50
      YM      13192 / 13148
      NQ       2732.50 / 2712.50 
       

       
         
       
       

      Notes from the Pit

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