Sam, I just want a buzzer to go off on my computer with the details of all your trades, so I can follow you. :-) It would say: "Linda, Sam just bought 50 AAQ Jan 40's at a price of x." Nothing fancy.
I've made money on AAPL puts occasionally, and wish I'd bought them when you did. I think there could be further downside, but agree with Phil and you that it won't be down to the next real level of support, because the buzz is too good.
I am also concerned about Rhet's point, wondering if our good news isn't already greatly built into the stock price, so that the earnings won't bring us up over 45 or 50 or 55, where of course, we should be. Do you have any thoughts on that?
On the positive side, I've seen positive news about iMac every day on CNBC. The good sales are continuing. It's no flash-in-the-pan.
Linda |