I was mildly irritated this morning because I thought once again I had been pushed out of AAPL last week only to be drawn back in this afternoon...and then suddenly AAPL dropped below the middle channel again. There is something magical about the timing of AAPL and the 3 hour chart. I was a short term SHORT until Tim West gave good reasoning for a sideways movement. I guess I will continue to sell covered calls unless my chart tells me otherwise.
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sublimares2
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I must read again that good reasoning. What about Gann rule of 50%?