I think it would have been better to simply daytrade the stock rather then taking an extended position. Lets take yesterday. When the analysts came out defending the stock, then it turned around. That would have been a nice daytrade. This morning in premarket would have been nice too.
My strategy for 2007 will be mostly daytrading as I fear that the markets are extended and any news will send it down.
My strategy for 2007 will be mostly daytrading as I fear that the markets are extended and any news will send it down.
Quote from S2007S:
sometimes trading suck$, I was up so nicely on AAPL last night only to see my gains disapppppppppear...thanks to anothhhhhhhhhhhhhhhhhhhhhhhhher options scandal on wallstreet, seems the more option scandals the higher the dow goes.
Lets see if AAPL can trade higher after earnings. Still has that nice gap to fill. Maybe this rally is over and AAPL can go back to 50 where it belongs.......
i sold at 78.50 this morning.

