David,
That's not impossible. People want to get out ahead of everyone else, so if they feel Apple's going to be finished making its move at the end of next week, they could get out at the beginning of this week.
The thing is there will be additional news to move the stock in the coming weeks and months, so giving up one's position can mean missing those moves. As it happened with you, today, and me often enough.
When I wrote you this morning you could get it, it would have been possible to enter at around 37-1/2 and to exit (or hold through) at around 41. That's a decent one day move.
Pushing through 40 so strongly, and on huge volume, also indicates a future move to 44-45 isn't impossible with the next good news or as this good news is fully digested. If Apple retrenches for a little while, it only makes that move stronger, don't you think?
Linda |
