AAPL : Institutions driving down price today to get in cheap before MacWorld !!

Quote from jimmygold:

I think it was obvious today what some of the institutions were doing. Manipulation to get in at cheaper prices for the ride back up next week during MacWorld. And the price depreciation today had nothing to do with the option issue. This issue is old and has been ongoing since Spring and in the grand scheme of things will not keep this incredibly strong company down.

Watch this stock go down moderately in the next day or so as institutions get in at cheaper prices to secure their enviable positions before the big week at MacWorld starting on Monday. I would deinitely NOT wait past Friday if you want to go long and ride this for a big appreciation.

Iam saying it right here and now. That we hit $95+ by end of next week.

Just go look at AAPL website and you will see the plainly obvious clues that they are going to have some awesome news at MacWorld come Monday. Its spelled there right out on their home page.

Frankly, I would have been nervous if we continued to go up the next few days. Then we would probably have sold of on the news next week.


Cheers to the Longs. Be patient because anyone who got in below $85 will be amply rewarded next week.

Mark my words right here on ET !!!!! :D
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Unbelievable!! great shout Jimmygold - you're the man!

I see all the haters and knockers have disappeared now. AAPL 96.21 as i write this, less than a week since the first post in this thread! $10 without pain - i think ill cash out!!!
 
Quote from jimmygold:

I think it was obvious today what some of the institutions were doing. Manipulation to get in at cheaper prices for the ride back up next week during MacWorld. And the price depreciation today had nothing to do with the option issue. This issue is old and has been ongoing since Spring and in the grand scheme of things will not keep this incredibly strong company down.

Watch this stock go down moderately in the next day or so as institutions get in at cheaper prices to secure their enviable positions before the big week at MacWorld starting on Monday. I would deinitely NOT wait past Friday if you want to go long and ride this for a big appreciation.

Iam saying it right here and now. That we hit $95+ by end of next week.

Just go look at AAPL website and you will see the plainly obvious clues that they are going to have some awesome news at MacWorld come Monday. Its spelled there right out on their home page.

Frankly, I would have been nervous if we continued to go up the next few days. Then we would probably have sold of on the news next week.


Cheers to the Longs. Be patient because anyone who got in below $85 will be amply rewarded next week.

Mark my words right here on ET !!!!! :D
More...

nice.
:) :)
 
Cisco Systems Inc. (CSCO) on Wednesday said it and Apple Inc. (AAPL) have
still not yet agreed to terms for naming Apple's cell phone the "iPhone."

Cisco owns the iPhone trademark and was expecting Apple to deliver signed
agreements sometime Tuesday. But as of Wednesday afternoon, that hasn't
happened, a Cisco spokesman said, who did not comment further.

The kerfuffle is one of the sideshows surrounding the introduction of the
iPhone, an Apple cell phone that No. 1 U.S. wireless operator Cingular Wireless
intends to sell beginning in June.

-Ben Charny; 415-439-6400; AskNewswires@dowjones.com
z

(END) Dow Jones Newswires

01-10-07 1300ET

Copyright (c) 2007 Dow Jones & Company, Inc.

13:00 011007

Wonder what the hold-up is :confused:

Also, I'm curious as to when all the rest of you who are still in will take profits - intraday, it looks as if it's leveled and is tapering a bit.

96.5 - out
 
ur2tuff4me i am waiting to see if 103.5 is touched . channel lines have that target. irrational exuberance will likely do it.

bgp
 
Thanks for the reply. I agree it goes higher - I am lookin for an entry again before day's done.

Just didn't want to get caught in any intraday downwind.
 
Quote from S2007S:

im looking it up now. Im not considered a daytrader but I do have a daytrading account setup. Here is what I found:


Wash-sale rules. The wash-sale rules of section 1091 generally prevent deducting losses from the sale of securities if, within a 61-day window around the sale (from 30 days before to 30 days after), the taxpayer has purchased similar securities. Online or day traders trying to take advantage of market fluctuations to dart into and out of a given security will find that the wash-sale rules do not apply to mark-to-market traders, per section 475(f)(1)(D).
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Wash sale rule is about deducting losses, and has nothing to do with pattern day trading. If you have trader status than wash sales don't count, but again, trader status has nothing to do with pattern day trading either.
 
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