Aapl

I'm a little bit leary of window dressing coming into year-end. Additional buyers that want to show it on their books for year-end, like they were smart and had it all along. I really think it gets marked up in the next 4 1/2 sessions. I would look for some profit taking just into the new year because of sellers with gains waiting for the new year to record gains in 2010.
 
Quote from muller:

stops are always best

There might be a reaction like there was one after 12/14 for a short term profit.
Sure, there might be some noise on which you can profit on the downside.
But to me it's a gamble, because there ain't no signal to be short (depending on the timeframe you were making your decisions on. My comments here are based on daily intervals.).
But if it was an intraday chart, I'd surely be looking for a short
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Ya, that's the game plan... just a trade.
I'm a lousy investor!
:D
 
Quote from turkeyneck:

It broke the 208 resistance. Where's the next stop?
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213, then 217/216.20
those are Fiboancci Targets.
I never use them to make decisions, only as a map.
 
Quote from turkeyneck:

It broke the 208 resistance. Where's the next stop?
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I don't see too much resistance... I'm just glad I got out. I kept the stop tight, but didn't flip and go long.... just didn't expect that kind of move. I did daytrade aapl from the long side today though.
B
 
Quote from turkeyneck:

Any thoughts on the rumored Apple Tablet? Sell the news at earnings or announcement?
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I have traded Apple (AAPL) forever. This isn’t the time to be short. APPL is currently completing a triangle pattern on the daily chart (since October) and broken above the top triangle line. Follow through in the next few days could lead to some nice gains. This is probably tablet rumor buying (until the rumors die down).
 
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