AAPL? How to trade/invest? Message Board

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Technology Stocks : AAPL? How to trade/invest?

AAPL 247.71

-0.3%

1:34 PM EST

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To: Jaime H. Ayalde who wrote (31)	4/18/1996 2:30:00 PM
From: xu, b.	of 162

Jaime and unscared bulls of AAPL, Bulls have been punished very severaly. There is a good chance that now is the time to fight back. I fully agree Jaime with his analysis of RISK. Actually return/risk ratio is sth one need to look into instead of %%%. Jaime, did you notice NASDAQ. It's amazing there. We are in a bull market of tech stocks, it seems. With respect to AAPL, the stops was run this morning. Do you remember in the book about Livermore, how the floor run the stops? My feeling is that someone want AAPL to be fixed at 25 now for a good reason. We can tell tomorrow. We have a different style in putting up positions. I am not so sensitive to price since I am a position trader with a relatively long time zone. That's why I suggest a stop below the recent low. Also I agree with you on the book value of Apple. If AAPL breaks 22, let's short it. My stop is the beginning of an oppositve position. I posted my view of AAPL range before. BTW, I respect Livermore very much and have benefitted a lot from his reminescence. Pick up as many AAPL as one can afford now @25 or one risks to miss the train. But please don't bid it up to 30 tomorrow as I am still shorting AAQDF. Thanks.

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