Up or down tomorrow? With the Dow Jones article pointing out that AAPL continued to move 1/16 higher in after hours trading, it may indicate that this run ain't over. I've made my decision on what to do with my shares. To hell with it, I don't see 16.5 or 13.5 in the future, anywhere. I'm not changing my long-term strategy.
Regarding shorts, I have a feeling that a new crop of shorts, who think this pop was an overreaction, will move in. I see Rhapsody still being something special, OS 8 sales should help, hardware sales are not backed up due to production problems, and the CEO announcement will create a big move in AAPL as well.
I'd love to sell some, but it's time to get greedy like Gecko. Just t hedge I'm moving my stop order down to 25.5. I don't want to get caught in a quick downdraft only to see AAPL bounce once I sell. Good luck everyone, and congrats fellow longs.
geoff |
