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


To: Keith Feral who wrote (145960)12/5/2012 3:45:49 PM
From: Trader J1 Recommendation  Respond to of 213181
 
I hear ya Keith. When we couldn't get past that low $590s point, after that nice rise following $507, I started unwinding everything. I haven't been without an Apple trading position in a long time and I unloaded everything I had left yesterday on the reversal. Figured maybe I could catch another dip. Seeing it down $30 made me look twice and thankful for my itchy sell finger.

I've pretty much decided to sit tight though for the remainder of the month and early January, unless we can get some major volume to the downside. An additional 5%-10% cut from here would be something I'd have to take advantage of. I just didn't see how those that bought into the recent rise off the bottom could confidently hold into another slide.



To: Keith Feral who wrote (145960)12/5/2012 3:48:42 PM
From: Moonray  Respond to of 213181
 
I want another shot at Apple closer to $500 again.

You may see it. Looks like blue line at $530 might be reasonable:
Message 28586748

o~~~ O



To: Keith Feral who wrote (145960)12/5/2012 4:04:08 PM
From: golfer72  Respond to of 213181
 
I would be careful.There is a large gap at 425 that looks like it wants to get filled. Apple looks like a broken stock and they normally fill gaps.



To: Keith Feral who wrote (145960)12/5/2012 4:35:07 PM
From: Stock Puppy  Respond to of 213181
 
I want another shot at Apple closer to $500 again. Hardly seems fair that it spiked back so quickly to $600. They need to get it down there one more time so everyone can get a shot at reloading their positions.
Exactly.

iBuy.