I am re-shorting AAPL

Quote from riddler:

HIS COULD BE AN ISLAND REVERSAL. A TEXT BOOK CHANGE ON THE TECHNICALS. BE CARE FUL WITH AAPL CLOSING NEAR ITS LOW. NO OTHER BIG PRODUCT ANNOUNCEMENTS. THIS COULD FALL FAST.
DISCLAIMER--I LOVE APPLE AND EVERYTHING ABOUT THE COMPANY BUT THIS IS WALL STREET.
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lol

The next generation iPhone is a pretty big product announcement. Not to mention the updates to the iPad that are sure to be out before the end of 2010.

Good luck as it climbs and climbs and climbs and climbs. On the plus side, if you keep talking about shorting AAPL over and over again, you are bound to be right at least once.
 
I am not touching AAPL in either way but I believe today would be a good time to short AAPL at 265 and cover it at 245 later. There will be a short covering today followed by profit taking later and next two weeks
 
Quote from riddler:

HIS COULD BE AN ISLAND REVERSAL. A TEXT BOOK CHANGE ON THE TECHNICALS. BE CARE FUL WITH AAPL CLOSING NEAR ITS LOW.
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Today's Close is not the point. Tomorrow's action will tell if it's to hold or to sell.
(I'm still waiting for a pullback.)
 
Quote from muller:

Today's Close is not the point. Tomorrow's action will tell if it's to hold or to sell.
(I'm still waiting for a pullback.)
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Perfect example of how there is no intelligence on this board. I'd be surprised if 95% of the people here even trade stocks
 
Quote from SCI new york:

Perfect example of how there is no intelligence on this board. I'd be surprised if 95% of the people here even trade stocks
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I am busy with my own profitable trades and I am not trading AAPL but the fact is that AAPL was strong and the results are out and the stock can not go up $10 a day. Those who bought at 220, will sell to cash in profit and the stock will go down to 230-240 range again. It will not collapse or go bankrupt. Just a nice $20-$30 drop.Not in a day. In one month. I believe today is the best time to sell strangle 240 PUT, 270 CALL for May
 
Quote from hajimow:

I am busy with my own profitable trades and I am not trading AAPL but the fact is that AAPL was strong and the results are out and the stock can not go up $10 a day. Those who bought at 220, will sell to cash in profit and the stock will go down to 230-240 range again. It will not collapse or go bankrupt. Just a nice $20-$30 drop.Not in a day. In one month. I believe today is the best time to sell strangle 240 PUT, 270 CALL for May
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so you're saying that apple, who at this point only has 3% global market share and gaining, who during a recession has continued to out-do earnings expectations and growth, can't go up 10 points, but can drop a "nice" 20-30 points.

Go ahead and short, but you're an idiot. I'm sure you don't actually trade stocks or options because you would lose your money quicker than you can execute the trade and no one that actually trades real dollars makes the calls/moves that you and most of the other fools on this board make.
 
Quote from SCI new york:

Perfect example of how there is no intelligence on this board. I'd be surprised if 95% of the people here even trade stocks
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You know what a pullback is.
It means that the general trend is still intact.
So I am bullish on AAPL.

As for my personal trading; I never hold overnight positions.
Considering posting my opinions on this board; I merely use the logic I'm using in daytrading on daily and weekly periods, and many times my theories work out. If I'm wrong in daytrading there's a lot less pain. If I'm wrong here on the board I'm an idiot talkin bull. So fuckin what.
So I did miss that great gap up. I miss a lot of great opportunities, on the other side I miss a lot of great losses too. To me trading is my bread and butter rather than the big cash show. That's what I do.
Those who bought yesterday's bottom in anticipation of this positive price action were gambling because it might as well have gone the other way. So much for the intelligence. (They were a lot of intelligent traders in the 90s bull market.)

AAPL is great for those who bought at 220 or 205 or much earlier.
To go long at this price level I'd like to see some good old price action to tell me to do so.
 
new highs doesn't mean anything for AAPL... as all you hear about is... iphone this... and ipad that... my gut for AAPL is to keep making new highs for a while
 
Quote from SCI new york:

so you're saying that apple, who at this point only has 3% global market share and gaining, who during a recession has continued to out-do earnings expectations and growth, can't go up 10 points, but can drop a "nice" 20-30 points.

Go ahead and short, but you're an idiot. I'm sure you don't actually trade stocks or options because you would lose your money quicker than you can execute the trade and no one that actually trades real dollars makes the calls/moves that you and most of the other fools on this board make.
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I think you have an attitude problem. I said I don't trade AAPL. Not long and Not Short. My specialty is 10 stocks and I don't jump around stocks. You should revisit your posts in two weeks. The fact that IPAD is not allowed in universities would be a big damp on the stock
 
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