SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 270.91-1.0%2:44 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (132982)5/4/2012 5:11:40 PM
From: XoFruitCake  Read Replies (1) of 213177
 
but looking for a trading opportunity. I think we're almost there
I picked up some AAPL Jul 550 put this morning for a trade. The global macro look to be a replay of last year Euro crisis again (the only good part is that Spain and Italy already get their refunding auction done mostly this year in Feb, March and April.. So they won't actually has a failed auction which will really spook the market). China GDP is slowing and our economic number is not doing too well (job number etc.). Right now Apple has no news and a lot of stock price gain this year. It is a prime candidate for hedge fund and pension fund selling this Q. We broke the 50 day move average this morning (581). At a minimum, we may test the 100 days MA at 526 and may be the 200 days MA at 470 also..I cleaned my entire portfolio last week and right now only has income etf, muni etf, cash and the Aapl Jul 550 put.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News