I'm shorting AAPL and GOOG

Hi,

This is my first post on Elite Trader, as I just joined.

This thread had some truly hilarious moments. Thanks to all, especially the man himself who started the thread. Good luck to all, and have a good day.
 
I must have read 200 articles about the islate, nexus etc. Everyone has got a fu%^ing opinion. Me, I think that long term that GOOG will make a lot of money off of this, so will AAPL. Retail trader I hope you got your short in on GOOG went from 630 to 592 in 3 days. There are some systems out there that exploit this fact. Anyway, I like the nexus due to the snapdragon qualcomm chip which is 1 ghz, that is some decent portable computing power. Here is an article which compares the specs. Good trading all. Don't forget there are lots of people worse off than us so if you make a bunch of dough, give back a little. :)

http://mashable.com/2010/01/05/nexus-one-vs-droid-vs-iphone/
 
seriously though, it looks like it can go sideways for a couple of days, between 205 and 212.
or it could indeed test 198 in just a few days, making the Closes of 12/24 and 12/28 look like a failed breakout.
if it then makes further lower Closes, I might consider a new long term bear trend.
[/QUOTE]

so, looking for the next week, as for AAPL, let's see if it goes any more sideways...
I really don't give a shit (may I still say shit?) for fundamentals or news (though they're really interesting -thanks!)... just watching the price action

then it's really a matter of time frame one trader/investor is holding/trading.
for a looong term holder since the beginning of the major uptrend it may be just a minor reaction.
a daytrader like me anticipates some support levels to get violated
 
Listen up people! Listen up. I meant what I said in this thread. I know more then you do.

First off, Google. Google is pulling out of China and going to miss out on the only country growing in the world. Right now, as I type this, down another 6 points in the afterhours session. My new target for Google is $450 to get there by March.

Second, AAPL. Do you not get me when I say Steve Jobs is sick? The man had a liver transplant for Christ's sake. Do you guys know anything about these types of operations? Then Google is throwing their ads up all over the place for their new phone. I will be more generous with CrApple. UMmm 170.

Third, who will be the first one to post up how they are stuck in Google or stuck in Apple? Get yourself out of these stocks. They are going to crash. What part of the English language do you not understand?
 
GOOG may pull out of China but they were never making much money in China to begin with, all they've gotten is bad press in the west and a ton of hassle from the Chinese government.

The Chinese want their own companies running every major aspect of the their internet, they're passing laws constantly to restrict access to international companies such as Activision/Blizzard who can no longer run World of Warcraft in China.

If you want to make money from Chinas economic boom then buy Baidu. As for Google, leaving China may hurt in the short term but not much, they're also sure to put pressure on the US government to ensure others like MS, Yahoo and Co. don't try take their place by waving that 'Do no evil' flag that they forgot about.

I've been mulling a GOOG purchase for a while, I'm thinking I'll see where the stock ends up in a couple of days, GOOG is already down 5% since the new year, this could knock another 5% off as people panic sell and make it a bargain.
 
I don't think Google will pull out off China.
They rather accept cencorship and take what little profit they can get.

As for AAPL: whoop dee doo :D
 
Quote from retaildaytrader:
Listen up people! Listen up. I meant what I said in this thread. I know more then [SIC]you do.

What part of the English language do you not understand?
More...
AAPL on 01/19/10
Last Trade: 215.04 USD
Trade Time: Jan 19
Change: Up 9.11 (4.42%)
Prev Close: 205.93

Let's see if this teenage carpenter/trading phenom decides to add to his losing position... for a second time. I heard he's trading 50 shares at a clip, so how far underwater is he? Probably about 25% of his trading account by now.

As I mentioned, there are about 5 really, really good reasons not to short AAPL. Anyone who has watched it trade every day for months (as I and many here other than retailstopfailure have done) knows the incredible buying that can come into this stock.

Let this be a lesson to beginners reading these boards. Do what John Templeton said he does. Wait until there's money lying in the street and go over and pick it up (wasn't that JT?). Don't be an idiot and short the one stock that everyone knows you shouldn't short.
 
Oh man. Every time Goog is up a few points then the shorts come in to bang it back down. There has not been one day since the start of January that I have not typed in the symbol to see red across my screen. Oh the pumpers of Elitetrader cried out loud about how much cash the company has.

However, they did not consider the truth, the reality. GOOG is done, its cooked, and now its time for BIDU.

Short Goog on all strength.
 
You must log in or register to reply here.
Back
Top