Short 500 AAPL at $75

[Trend Fader]

Great example look at CMTL.. the trend is your friend... yea right...

I am not saying that fading a strong trend is always the right thing to do... but as long as you have an exit to take the loss.. not much of a difference than going with the trend.. in my book. To me it all comes down to fundementals and some help with technicals for timing.. I think aapl will break the tight uptrendline it started from oct.

 

[uninvited_guest]

Quote from Trend Fader:

The price chart of a strong trend.. has no relevance to the future... I can show u many cases of stocks with strong uptrends dropping %20 and vice versa.. so what is your point.

My stop is over 82.. i am looking for appl to trade in the 60's in the coming weeks.

Trend Farter....Your stop will be hit. Why short AAPL at this time?

 

[psytrade]

Well, when you look at the Nasdaq100 its one of the ONLY trending stocks, so I wouldnt play "let me be right or let me be wrong" with it.

 

[thecalip]

good luck shorting a stock making new high every day.

 

[andrasnm]

ideally you want to short a stock that is in a downtrend and moved up.
you might try to fade strength intraday but even that is very dangerous.

 

[dgabriel]

Quote from Trend Fader:

The price chart of a strong trend.. has no relevance to the future... I can show u many cases of stocks with strong uptrends dropping %20 and vice versa.. so what is your point.

My stop is over 82.. i am looking for appl to trade in the 60's in the coming weeks.

82? That seems like a lot of leeway. Your risk/reward is 7 to 10. Are you hedged with options?

 

[dividend]

Quote from andrasnm:

ideally you want to short a stock that is in a downtrend and moved up.
you might try to fade strength intraday but even that is very dangerous.

lol. problem with that idea is that once u identified the trend it is probably at the pivotal moment.

 

[Thousand]

Apple have been shooting up eversince May. It is natural to have a pull back. The question is when, which it could be costly to find out.

Trying to pick tops of a strong stock in an uptrending market is very risky..as in your win-to-lose ratio drastically lowered.

Why not wait til you see a downtrend formation?

 

[invaliduser]

A gap up a day keeps the shorts away.

 

[Red_Ink_inc]

Quote from uninvited_guest:

Yes..... and so what?

Don't you have anything better to do than to search through my posts? Get a life loser.

Let me see if I've got this straight. You're 46 years old and you go around calling people "farter" and yet somehow, I'm the one who needs to "get a life"? What kind of drug induced logic is that?

Denial is a great thing but it won't help you make money in the markets.