AAPL: Buying the Dips!

Quote from cactiman:

AAPL Long Term Uptrend still in place.
Bought 1 AAPL April 545 Call & 1 AAPL April 600 Call this morning.

IMO:
Good news about the Fiscal Cliff will trigger the Xmas Rally.
They have to come to an agreement.
They won't let the economy collapse into a recession.

Will laugh all the way to the bank next year....
:cool:
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cactiman, does it worry you at all that since 2007 apple has sold more smart phones then anyone else, until last quarter when samsung sold 18m and apple sold 16.5m?
 
Had a 540 order that got hit and I bailed 543. I also sold 2 $520 Dec puts at $15.90 and chickened out at $15. Good daily money. but to worried for even short term. I'll keep trading it and hopefully leg into a long position.
 
Quote from Took2Summit:

cactiman, does it worry you at all that since 2007 apple has sold more smart phones then anyone else, until last quarter when samsung sold 18m and apple sold 16.5m?
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If AAPL slows down or goes sideways a while that's fine with me.
That's why I trade out 4-6 months - makes timing much less stressful.
Everything I know about the stock/chart on a fundamental/technical level tells me it will be higher by next April.

Have placed all my bets.
Time to sit back and watch...
:cool:
 
i don't know how you make money you been eating the same sandwich 150 points down so far.

whats the rally based on here? the economy is really not good with or without a deal on the fiscal cliff. i don't think obama is giving up on tax increases for the rich and the R's sign a piece of paper saying they won't raise taxes for any reason.

Quote from cactiman:

AAPL Long Term Uptrend still in place.
Bought 1 AAPL April 545 Call & 1 AAPL April 600 Call this morning.

IMO:
Good news about the Fiscal Cliff will trigger the Xmas Rally.
They have to come to an agreement.
They won't let the economy collapse into a recession.

Will laugh all the way to the bank next year....
:cool:
More...
 
Quote from cactiman:

If AAPL slows down or goes sideways a while that's fine with me.
More...

This drubbing is getting a bit ridiculous. Of course, the market can remain irrational longer then one can remain solvent.
 
Quote from brokerboy:

i don't know how you make money you been eating the same sandwich 150 points down so far.

whats the rally based on here? the economy is really not good with or without a deal on the fiscal cliff. i don't think obama is giving up on tax increases for the rich and the R's sign a piece of paper saying they won't raise taxes for any reason.
More...


This is true. Since September 18th I have not booked any profits with AAPL, and have continued to bet on it going back up as it's fallen in price.
How the politicians will kick the can down the road I don't know, but still think they'll find a way - master slither-ers that they are!
 
Quote from cactiman:

This is true. Since September 18th I have not booked any profits with AAPL, and have continued to bet on it going back up as it's fallen in price.
How the politicians will kick the can down the road I don't know, but still think they'll find a way - master slither-ers that they are!
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apple gets more than a half of their profits not in the US
and it looks like kicking the can down the road maight not help in this particular case
 
Quote from ScalperJoe:

This drubbing is getting a bit ridiculous. Of course, the market can remain irrational longer then one can remain solvent.
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AAPL has gone down for 7 weeks, and still hasn't taken out the last Higher Low in its Uptrend.
I've got 23 weeks (till April 19th) for it to go back up.
Seems likely to me...
:)
 
Uggg...Back in at 41. Am looking to sell a 520 put or even lower depending on price action tommorow. Mostly hoping to close and get in lower yet. They are another cash cow company, and even if sales drop they are making a fortune, and I am no APPL fanboy.
 
Quote from cactiman:

AAPL has gone down for 7 weeks, and still hasn't taken out the last Higher Low in its Uptrend.
I've got 23 weeks (till April 19th) for it to go back up.
Seems likely to me...
:)
More...

What exactly was it that you sold or bought in AAPL ?
 
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