What does BOTD mean?

... with the new plates, i get asked a lot now.  BOTD???  Bo (Jackson) Touch Down?, Born on the Dock?, Bloated Organic Tempura Dumplings?, Bugged Out Tit Doctor?, Beemer of the Douche? ... Let's ask Free Dictionary:

BOTD? ... it's a stock thing.

ALL-TIME HIGHS.

... In 2007, when i started www.BuyOnTheDip.com, i had the foresight to pick an appropriate moniker, too bad my timing hasn't always been sublime. 

        does BOTD work? ... new all-time highs = YES.

///M3

The CHASE BOOK Trade ~ $FB

     The FaceBook is up 8 days in a row and breaking out from a recent base ... over bought and extended.  So, why buy now? ... Earnings Monday Wednesday.  This trade either works or it doesn't.  Trading is about having an opinion and risking capital on that opinion.   ... social, mobile, search, ads, instagram, etc ... buy FaceBook before Earnings!

LONG the AUGUST $29 CALLS @ .40  ... 40 contacts ($1600) *

*looking to add on pullback(s)


  

        ... who took the money?  #EarningsRoulette

The HIGHER LOW. ~ SPDR S&P 500 ETF $SPY

 

DEFENDING THE HIGHER LOW. 

LEVELS

1) RED bullish trend line from the low. (filled gap/top of base)

2) ORANGE bullish trend line from bottom of base. (unfilled gap) *

2) GREEN horizontal "higher low" support line.

* favorite buy zone (orange)
     ... gap fill area, oversold stochastic level, higher low intact.

p.s. watch/wait
   ... for the breakout spike in $TLT for a top/equity bottom.