Comments on: AAPL: So Far, So Good http://dummyspots.com/2006/12/aapl-so-far-so-good/ Stocks, Options, Currencies and One Big Dummy Tue, 06 Jan 2009 22:31:39 +0000 http://wordpress.org/?v=2.2.1 By: Will http://dummyspots.com/2006/12/aapl-so-far-so-good/#comment-486 Will Tue, 12 Dec 2006 12:39:44 +0000 http://dummyspots.com/2006/12/aapl-so-far-so-good/#comment-486 Paul- I know what you mean. For some time now, buying every pullback of AAPL has been rewarded, and we still may not be to the point where the selling finally overtakes those eager to make some easy Apple$$. I see the 89.30-89.50 level as the area where the probability shifts... kinda like seeing an opponent pair up while playing p*ker- you were the likely winner, suddenly you're the underdog, and you may still pull it off, but the odds are against it. Still leaving the stop alone, as trailing it too quickly and too far have cost me in the past; but I'll be watching intently today. And as you point out, this is Apple, so I'm not married to the idea that this has to be the time my Apple-shorting fetish pays off... but my toes are crossed :-) Thanks for the visit. I enjoy your site and still follow it regularly for great swing trade ideas! Paul- I know what you mean. For some time now, buying every pullback of AAPL has been rewarded, and we still may not be to the point where the selling finally overtakes those eager to make some easy Apple$$. I see the 89.30-89.50 level as the area where the probability shifts… kinda like seeing an opponent pair up while playing p*ker- you were the likely winner, suddenly you’re the underdog, and you may still pull it off, but the odds are against it. Still leaving the stop alone, as trailing it too quickly and too far have cost me in the past; but I’ll be watching intently today. And as you point out, this is Apple, so I’m not married to the idea that this has to be the time my Apple-shorting fetish pays off… but my toes are crossed :-)

Thanks for the visit. I enjoy your site and still follow it regularly for great swing trade ideas!

]]> By: Paul http://dummyspots.com/2006/12/aapl-so-far-so-good/#comment-485 Paul Tue, 12 Dec 2006 05:49:21 +0000 http://dummyspots.com/2006/12/aapl-so-far-so-good/#comment-485 Hey Will, I'm also short AAPL, and i gotta tell you, if it were any other stock, I'd be might confident right now with the textbook low volume pullback. However, something about it being AAPL make me very, very nervous . . . Hey Will,
I’m also short AAPL, and i gotta tell you, if it were any other stock, I’d be might confident right now with the textbook low volume pullback. However, something about it being AAPL make me very, very nervous . . .

]]>