Short 500 AAPL at $75

Quote from Trend Fader:


I still hold the premise that there is little edge in going with the trend in stocks... i backtested strategies that went long in downtrend or long in uptrend.. the edge was miniscule. The trend following is my testing is more prevelant in currencies not stocks.


Hi Trend fader,

I'm assuming that you meant to say long in an uptrend and short in a downtrend..no ?


Nice trade BTW, AAPL in one of my portfolios that went long on monday......actually both of my trading models went long on monday across different stocks. So far I'm in the red for this signal, down about 2.5 % for combined accounts.

My gut says we're going lower but I have learned to do as my methods say not as I think. But in reality, anything can happen, the key is what I do when it does.

Good luck to all....

Nick
 
Quote from Trend Fader:

Just experience and gut.. and some good luck.

Just like Larry Livingstone and Union Pacific in "Reminiscences of a Stock Operator" ...

Nice trade. You have more balls than I.
 
in memphis. All 5 stores were out of ALL ipods except one which only had the 60 GB video ipod. I think apple is gonna short squeeze after holiday sales. I think its a long term short, but until this fad wears off Its not a good short. My prediction is apple breaks 90 within a month.
 
Chase Bank is offering a free ipod if you open an account... ipod is becoming a hot commodity item.. like the microwave or toaster.. shorting this stock is not easy.. but the risk to reward is on my side.


--MIKE
 
wether it goes to 80 or 85 is irrelevant if you're patient. at a 65 bil cap worth as much as hpq its sjut a matte rof a short time till they disappoint and crash. it will probably ahppen by march. the expectaions are monumental. i ask one question. after xmas who's lef tto buy one
 
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