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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (3784)1/12/2005 9:15:54 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Great trade!!!

Congratulations!!!

Obviously you have to close those out soon, but I think I probably would wait until at least noon tomorrow..... most likely we'll see a ramp through most of the morning, then a leveling off into lunch time. A strong close is a distinct possibility, but a strong morning is almost a foregone conclusion.

Buying front month contracts will get you the best scalp, but in retrospect it might have been better to stagger the expirations (say, half front month contracts, half May or June expiration or something) to allow you to capitalize on the likelihood that AAPL will continue to ramp over the next several weeks.

I am waiting for one of those analysts to issue an upgrade. You know, one of those firms that's been bad-mouthing AAPL so they could accumulate shares as cheap as possible for their big clients.....

Probably get an upgrade or two first thing in the morning.

T