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

To: John Koligman who wrote (149082)1/24/2013 1:20:20 PM
From: manalagi3 Recommendations  Respond to of 213172
 
Apple is down more than 10% on heavy volume. There are followers of IBD 's rule of thumb in protecting your portfolio: If the stock is down 10%, sell and move on. Also there must bear him calls. Cannot see any reason to sell Apple today when panic selling and margin call rule the day.



To: John Koligman who wrote (149082)1/25/2013 7:35:28 AM
From: Bocor  Read Replies (1) | Respond to of 213172
 
I wouldn't consider shorting anything down 36% in less than 5 months. Look at MLNX.....earnings were miserable, company is a mess, but the sellers are washed out.

Besides, I think AAPL can still come out with something that would goose it 20 points in a day, and it's just too volatile for someone without huge capital to sit on, or to mess with. I sell puts on SBUX and IOC for excitement:)


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