Tuesday, June 8, 2010

AAPL is rotten



Cruising through many blogs lately and the word of many of them is "don't sell or short AAPL" "the company and products are so strong".
I don't proclaim to be the worlds best trader but I have a pretty good idea of when a stock is good to short. AAPL is a stock like that at this moment in time. I don't have i(fill in the blank) tinted glasses on so am not blinded by their hype. Profits are what I am after and AAPL is a good trading stock.
1st chart is AAPL short entry..




coverAAPL, profit taking. wait and see what the afternoon sesh brings

1 comment:

Scott said...

some comments about AAPL vanished, feel free to send them again.
the gist of the were investors don't care about a little daily drop and also apple will crush the shorts