Robert: I agree totally with you. Analyzing AAPL now is very very confusing and is full of if's.
Let me tell share with you a sad story. Been a Macintosh user for years but have invested in it only about a year. I had October 17.5 calls that I had bought at various prices and sold handsomely but still had entering last week a sustantial position. My preview for the week, and since I was on vacation and could not monitor prices and events via the internet, was that AAPL would go further up on Monday and would stagnate or even go down as the week passed as I expected weaker news than the market had anticipated. Therefore calling my broker, asking for the value of the options on Monday, figuring I had a 100% profit on the calls, decided to get out. Can you beleive it??. after following the stock for a year I go out on the worst day... You can imagine what I did not make...
However, as I later thought and realized after blaming my impatience and option trading method for a week I concluded that there was NO WAY I could have anticipated the MSFT deal.
Just bad luck, anyway I had to confess this to my fellow AAPL SI friends,
AAPL seems to be losing steam on a natural trading wave but the real news are there: The New Board, Mac OS 8 sales.
Waiting for a chance to get back in,
Good luck to all,
Fernando |