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My trades these days are 3-9 months long, yes. That's why I use longer term weekly charts. Short term trades (days & weeks) are a whole different ball game. Both approaches work of course, just different time frames. :)

The Fat Lady hasn't sung yet, though she may be just off stage! Until those support levels give way, the 3.5 year uptrends are technically still in place. Can't know the future - unless you have a crystal ball of course. You either hold and squirm, or go into cash and wait. Good luck to us...

2600-2550 needs to hold as support. :eek:

1400-1350 needs to hold as support. We'll see.

Going into the Holiday Season with all those new 'peuters available seems pretty good to me, yes. What stock is better or more unique than AAPL? It's an inovative growth stock, with a low PE and Dividend. How do they do that all that at the same time anyway? BUT, if the S&P 500's 3.5 yr...

+1 AAPL's -14.11% Pullback, from 705.07 to 605.55, is a Bull Flag Continuation Pattern - done on average, descending volume. It's NOT a trend ending collapse! It should be bought, not sold. To end a 3.5 year Uptrend there should be HUGE RED CANDLES, on BIG VOLUME, as in the attached...

Live quotes say it initially bounced off 585, and is now staying above 600. Looks OK to me so far. Whew! Though after hours trading can be all over the place, and not necessarily show where it will open tomorrow. But it looks like "Sideways" takes the cake for now. :cool: IMO: New AAPL...

Apple Earnings/Q4 Results! Live Blog: http://www.thestreet.com/story/11748335/1/apple-earnings-live-blog.html?puc=TSMKTWATCH&cm_ven=TSMKTWATCH :eek:

Here's more: http://www.marketwatch.com/Story/story/print?guid=3552DFB2-1E07-11E2-B624-002128040CF6 If it doesn't go down, it will go up... If it doesn't go up, it will go down... etc., etc., etc. :p

After the last earnings announcement AAPL gapped down, stayed there for a day or two, and then took off on a nice rally. There are so many variables this time it might take a while for the Market to decide on how to price it. This article talks about some of that...

You either have to go into cash every 3 months because of Earnings Announcements - or just hold your breath, close your eyes, and get through 'em the best you can. Up, Down, or Sideways gives you 2 out of 3 odds for no damage I suppose. Still, I'm always glad when they're over. :)

Steve Jobs out for a ride!

Wanting an Apple product is like wanting a BMW or Mercedes. You have to have it, and don't mind paying a bit more. In fact, you're sort of glad it costs a bit more - a status thing.... :cool:

The Long Term Trend says Up! Past behavior after Pullbacks says Up! No Debt & Low PE says Up! Great, popular products says Up! :D Uncertainty about the S&P 500 Cyclical Bull Market says Down! Uncertainty about the Presidential Election says Down! "Glass is 1/2 Empty" Market Mood says...

Uhhhhhh..... Maybe only until Friday. We need some good numbers Thursday to fan the flames.

So much for Tuesday. You want iPad Mini? We got iPad Mini! :) 609.62 pullback low still solid. :cool: Next comes Thursday's Earnings Announcement.... :eek:

Have January, February, and April Bull Put Spreads opened at the moment. Strikes range from 635/630 to 700/695. :)

Check this out: http://www.thestreet.com/story/11744191/1/apple-ipad-mini-event-live-blog.html?puc=TSMKTWATCH&cm_ven=TSMKTWATCH