Wow another good week. 4 trade alerts and we are growing our portfolios with Slow Money Option trading. Both AAPL option trades worked out beautifully generating 6% & 11% while both SPY trades generated 6 & 7% each. The pull back that I am expecting keeps rewarding me. An old wise man once said, "trade what you see not what you think" an we strive to continue to do that.  The SPY has continued to move down and the RSI confirms that it is in the beginning of a bearish move. We have yet to see any signs of a turn around and this week does not look like it is showing us any signs other than bearish continuation patterns. While the SPY is trading at the bottom of the bollinger bands and one of two things can happen now. It can bounce off and move up in a peak & valley as it moves down or it can slide down the bands in a steeper descent. The same holds true for AAPL.  Altho AAPL is within $10 of very strong support I do expect to see strong buying coming in early this week from opportunity seekers. This week  should continue to be a wild and crazy ride like a roller coaster so will continue to make some money with Slow Money Option trading.


 Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ 


Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.