Well, I never thought i'd see the day when Apple Computer was down 16% after being down so much the prior week. The stock market is so out of wack, nobody knows really whats going on. Why did the firms downgrading Apple wait so long to downgrade? At $110, Apple's Market Cap is $97 Billion when they have $20.77 Billion in cash just sitting in the bank. I can't remember the last time i've seen AAPL so cheap. Apple's products are in high demand and are mainly bought by higher end people.
So what did I do? I sold my Bidu at a minor loss at the chance to buy Apple under $110....less risk.....great upside.
Christmas come early! Thanks Santa Claus!
The Bailout plan is going to be voted on this afternoon....its going to be a close vote!
Showing posts with label long apple aapl. Show all posts
Showing posts with label long apple aapl. Show all posts
Monday, September 29, 2008
Friday, September 12, 2008
Apple ( AAPL ) Double Bottom, Triple Bottom - Long Position AAPL
Apple ( AAPL ) has had a really nice reversal today.....it is now safe to take a long position with a tight stop at $146.
Apple AAPL has hit lows of $146.38, $146, and today, $146.50......a break above the high of day at $150.90 with volume could give you a huge run over the next week.
Long AAPL, tight stop at $146
Apple AAPL has hit lows of $146.38, $146, and today, $146.50......a break above the high of day at $150.90 with volume could give you a huge run over the next week.
Long AAPL, tight stop at $146
Subscribe to:
Posts (Atom)