10 replies to this topic

[isaac613]

I have a pretty strong feeling that apple is about to lead the ^ndx down big. Don't ask me for charts cause I don't have any. Just a gut feeling I have.

[endisnear]

or goog....

[Darris]

Apple and RIMM are $100 dollar stocks now. They will not go down until they have multiple stock splits. Institutional sponsorship will turn shorts in these stocks into despondent junkies.

Edited by Darris, 08 October 2007 - 04:57 PM.

[atlasshrugged]

i dont know how long you have been trading but your making a major "rookie mistake" you dont short the strongest stocks! they are the last to go down! I learned that lesson as a rookie...and 16 years later I still feel like a rookie

[IndexTrader]

We had a guy post a short on AAPL at about 132. I guess he's still in it...he never said he covered it. Sooner or later, one of you guys will get it right. IT

[arbman]

I can not believe I made money buying NDX puts last Monday. Looking back, I thought it was going to have a good pull back into the 10 wk cycle low and there was going to be a rotation. Just the opposite! There is an insane speculation wave coming... Just like the July top, but probably better since now the Fed is telling us they will not interfere anymore...

[pdx5]

I recall reading an article discussing how many ipods and iphones Apple would need to sell in order to justify its stock price. It was an astronomical number, much beyond possible, like in to the twilight zone.

[denleo]

This is the best post ever: GOOG and AAPL down. Unreal. You guys obviously have better stuff than what I am smoking. We can continue to play this bull / bear game, or in order not to waste out time, you can just send me a check. Denleo

[pdx5]

This is the best post ever: GOOG and AAPL down. Unreal. You guys obviously have better stuff than what I am smoking. We can continue to play this bull / bear game, or in order not to waste out time, you can just send me a check.

Denleo

Denleo, I am NOT saying AAPL is headed down. What I was trying to say
is that AAPL price can not be justified based on its earnings potential.
Ya Ya I know that is funnymentals

But I am always looking for longer than ST since I don't day trade anymore.

[skyymaster]

Look Apple got A & E into trouble All, kidding aside, I would look for another price screw, I mean cut in those Iphones. Just like MOT, those phone prices will come down as other sharks come to roost with their own phones at 1/2 price. Now, ask yourself, how lucky do you feel being an Apple Junkie ! Don'g get me wrong, I love Apples, just not the electronic ones @ $400.

Edited by skyymaster, 09 October 2007 - 08:09 AM.