Wednesday, August 11, 2010

AAPL overnight short


shorted AAPL pop yesterday, covered $10 lower today



















added to it today, now covered as it bumped against $250 support level

2 comments:

Anonymous said...

nice way for not playing pinball with the mms these days

pavtrader said...

I was short AAPL today at 12:40ish. Looked like it was going to come down hard but no dice. Probably should have stayed away all together from that midday shenanigans. I find that it happens a lot with these widely followed momo stocks. They take out the lows, stick the bids and if you are not quick to flip or gtfo you get taken for a ride.