Short AAPL $632 I got 'em

Quote from rockefehler:

Like I said, just eyeballing the chart. I see no flaws in the uptrend yet, so there should be some upward action left, to between $700 and $800. But now you make me doubt ... that's why I ignore all news, except longer-term macro-economic.

Uncle Ho may be right though and I wrong, there's no certainty in trading.
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Stick with your first instinct! The insiders at AAPL just sold heavily a couple of weeks ago. The insiders are the worst market timers. They always sell way too early. I'm looking for AAPL to hit 720. This would give the stock a 20% increase from where they sold it. The only caveat is APPL is getting there very fast.
 
Quote from Uncle_Ho:

Short at $632, a little over half of my cash on hand. Target $600-. Time frame 1-2 months.

Into the fray.
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Strap on your diaper! Here we go again on Monday. I hope you're wearing Huggies!
 
Quote from atticus:

Shares will drop 6 on Monday.
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6 is just < 1%, not significant for longer trend. It could open lower, but may ends higher near or around 645. On the longer term, I think it'll be around 750-800
 
Uncle Ho,
GET OUT OF THAT AAPL SHORT POSITION NOWWWWWWWWW!!!

AAPL at 635.63!
If it goes up on a Down Day like this, what do think will happen on a Up Day?


DON'T SHORT UPTRENDS!
IT'S A LOW PROBABILITY TRADE!
YOU WILL LOSE MONEY TRYING TO CALL TOPS!

:eek:
 

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