Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
It shows once more money cannot buy happiness. I would imagine that the very first requirement of happiness is simply to be alive. To live one more day. Steve no doubt had the best doctors and treatment available anywhere on this planet, yet was unable to live his full life.
Cancer is a terrible, terrible disease. We've all lost dear family members and friends to this disease.
How many are rich, healthy and not happy and how true is the opposite. I think happiness is about seizing the pleasures of the moment without concern for the future. Steve lived intensively and successfully with his hunger and foolishness, it's not a question of how long you live but how intense is your life, in that sense he was one of the happiest man on the planet.
I wouldn't say Steve wasn't happy, quite the contrary. But I agree with Mike that money can't solve everything especially when it comes to health, although I doubt he would have made it so long with his terrible illness if he didn't have the best doctors money can buy.
Here is a daily chart of Apple: Thursday close
The weekly Stoch shows the larger trend as UP. The daily stoch shows a bit of profit taking. Thursday was an engulfing candle lower. The daily K broke below the OB zone.
With this trading platform, green bars are long and red bars are short. The bar color represents accumulation and distribution of the institutions. Then the stochastics represent TREND. One is long or short in respects to the bar color and stochastics. One can trade/invest with the daily stoch, weekly stoch, or combo stoch.I prefer combo which means, no position at this time.
The NDX shows a little different picture for which AAPL is #1:
The weekly stoch is hard UP. The daily stoch has crossed but in the OB zone. And for Thursday I believe that is a hammer doji. Yeah, buyers came into the market yesterday afternoon and pushed the market up off it's LOWS. And AAPL is up a couple of points pre-market.
Friday: AAPL had a nice candle lower, sort of engulfed Thursday, meaning there were more sellers. Small candles and dojis are junk, mostly retail. The larger candles are institutional and the pros in the market. So it was more profit taking by the pros and some buying from the retail rubes. Okay, need to watch the daily stoch and the general market indexes for the next move.
What makes the move down in AAPL interesting is the move up in the NDX:
I bought a 360/350 put bear spread for $155. I sold a 330 put for $214. Gross to me $59, net $56.52
OK game plan: Nothing happens ..... $56.52 to me. Stock falls to between $350 and $330 ...... $1056.52 for me.
Stock falls below $330 ..... I own 100 shares @ $319.43. Won't let that happen.