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

To: Keith Feral who wrote (148192)	1/14/2013 12:53:21 PM
From: Trader J	1 Recommendation Respond to of 213172

Like I said Keith, I don't completely disagree. I'm not really looking to add to my long position here otherwise I may be willing to take another small position. I think the bigger opportunity will be with a near-term call trade ... or ATM leap position and am holding out for that. The problem though is that once it catches fire again, and it will happen, it could shoot up 70-90 points quickly until it reaches that $590 resistance area again. I still believe when you're bouncing on the bottom like this stock is, there's too much opportunity for that one day wash out. I'm almost certain of it this time around. Thinking $485 intraday but it may be very quick and on the heels of greater economic news.