I'm shorting AAPL and GOOG

Quote from retaildaytrader:

Listen to me, listen to an experienced trader. Apple is going to slide to 150 or so.

Two days ago I started this thread to warn you what was about occur. It was a civil service message, a free message, the best tip you were going to get. Most of you replied back with lists of trading strategies from books that I am using to build a fire in my fireplace. Some of you replied back with various bits of profanity or telling me how much cash Apple has on its books.

Now we are waking up to the futures sliding. I bet some of you will try to grab a few shares of it thinking this is another pullback. No, its not, we are in a slide. You do not understand that Steve Jobs is not going to last forever. He had a liver transplant. Does that make this guy now a healthy man?

Wake up to reality. Grab yourself some coffee. The best trade you can make now, right now, is to get yourself into an inverse etf for what is about to come.

Whatever happens, not one of you will believe me. You will sit there with your shares of Apple in hand telling me how much money you made these last few months and how I am wrong. Eventually, you will either disappear or author a thread how you are "Stuck in Apple".

You go ahead and do that as you have done time and time again on Elitetrader. It is with displeasure that I have to announce to you that the rally is now over and some of you will be "stuck" in something. I dont want you to lose money, but you refuse to listen to those who know more then you do. So you wallow away wondering about the market and reading that jibberish from the rags.

Nevermind, listen to me, listen to me. The rally is over. Its time to get short and I am shorting best of breed. Crapple.

This is why I visit ET. Great post on every level.
 
Ohhhh. That analyst upgrade does not scare me. I am just going to go ahead and add to my short at 211. Watch it fade throughout the day. Hmmm. I give it 7 more minutes.
 
Quote from retaildaytrader:

Ohhhh. That analyst upgrade does not scare me. I am just going to go ahead and add to my short at 211. Watch it fade throughout the day. Hmmm. I give it 7 more minutes.

Your d-baggery is legendary. Learn when to stfu.
 
Quote from retaildaytrader:

I am just going to go ahead and ignore my risk management and add to my short at 211. Watch it fade throughout the day. Hmmm. I give it 7 more minutes.
Hmmm.....markets flat today, but

AAPL 211.75 +2.65

There's only one logical thing for you to do, junior. Short some more!!
 
Quote from retaildaytrader:

Ohhhh. That analyst upgrade does not scare me. I am just going to go ahead and add to my short at 211. Watch it fade throughout the day. Hmmm. I give it 7 more minutes.

Pretty bad call this morning when you tried to call the top and the stock was in the 207 range. It closed up almost 4 points. With all due respect you should re-evaluate your conviction and stay fluid if you plan on staying in this business.
 
Quote from traderNik:

There's only one logical thing for you to do, junior. Short some more!!

I'm not sure if I'm qualified enough to preach someone with almost 5K post on ET but AAPL has a proven history of creating bubble like this. Just look at the monthly chart and you will know what happens after a parabolic move and wide candles.

Someone in this thread has already given a target of 160 and I second that. Apple should reach the target in next 3-4 months.

Recent high may get violated by 4-5 point but that is the worst that should happen to shorts. A protective stop of 218 should hold.

My 2 cents.
 
EVERYBODY READ THIS POST BEFORE YOU RESPOND ANY MORE TO RETAILDAYTRADER

He is completely fake and is being sarcastic. He is not serious at all. I am sure of it. Reread his posts. His actions are almost the exact opposite of what you are supposed to do while trading.
1. Trade off of emotion
2. Ignore your stops completely.
3. Short stocks that are strong fundamentally and technically.
4. Have no plan or strategy.

He is just trying to get everyone riled up, like he did in this thread.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=186896&perpage=6&pagenumber=3

He is a loser who doesn't have anything better to do with his time. He thinks he is a comedian, even though he is not funny and has a weird sense of humor. Do not play into him.

PUT HIM ON IGNORE IMMEDIATELY AND NEVER RESPOND TO HIM AGAIN.

DO NOT RESPOND TO THIS THREAD ANY MORE EITHER. THIS SHOULD BE THE LAST POST IN IT FROM ANYONE EXCEPT RETAILDAYTRADER.
 
That was it Apple fans. AAPL is toast. I have come here on Elitetrader for your benefit and without compensation to announce the AAPL slide.

AAPL is the most tight lip organization in the world. They do not let out rumors of what they are doing. You just have to find out at MacWorld. All of these rumors are false and have been generated to pump up the stock allowing certain large holders to exit.

Didnt Madoff teach you guys anything about how the world really works? I see no better time to short and sell AAPL then right now. In a month, you will be hearing about how the rumors of the tablet were all bunk.

This is what you get for following Cramer into the trade. I am giving you guys the fish to fry. No other person in this forum is giving you such a gift.
 
Quote from retaildaytrader:

That was it Apple fans. AAPL is toast. I have come here on Elitetrader for your benefit and without compensation to announce the AAPL slide.

AAPL is the most tight lip organization in the world. They do not let out rumors of what they are doing. You just have to find out at MacWorld. All of these rumors are false and have been generated to pump up the stock allowing certain large holders to exit.

Didnt Madoff teach you guys anything about how the world really works? I see no better time to short and sell AAPL then right now. In a month, you will be hearing about how the rumors of the tablet were all bunk.

This is what you get for following Cramer into the trade. I am giving you guys the fish to fry. No other person in this forum is giving you such a gift.

You're down 7 handles on this trade alone. I've never seen a daytrader post as much BS as you do. If you're going to post, at least be accurate in your calls. Your trading sucks.
 
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