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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (17318)3/14/2012 5:12:07 AM
From: 2MAR$  Read Replies (1) | Respond to of 32680
 
AAPL indicating $572 open this am earnings out in 4/24 so far its just been absolutely frying shorts running here at about 15PE ...would say someshort after the open will be good for a quick trade but safest to wait to $600+ . All depends on the macro & any other act of Nature event , lol.

What a phenomenon thats pulled everything up along with it enabling the Fed to achieve this rebound in the market adding to peoples sense of wealth after losing so much last year in their IRA's & Fund accts . There were some critical moments last fall where things were getting to the tipping point of complete collapse they managed to avoid .

Am all for shorts making money and absolutely love this AAPL run which like last spring when market kited up to 1370 made for the best shorting ever as already bid up stocks even if they beat had nowhere to go but pop n drop on profitaking , plan to really clean up this earnings season on the short side .

Trades this week centered around the bounce/squeeze on MCP lithium miner and short squeeze on JVA and two days running while shorting pops on CMG from $400 & ISRG @ $530/31 for successful trades .

CMG running about 60pe here natural burrittos more expensive than iPads , lol, but look at that chart too , omg, lot of craziness everywhere .