Tuesday, September 28, 2010

I'll take that little dip in AAPL as an opportunity to cover

4 comments:

Blue said...

How does the 2nd most "liquid" stock in the market take a nearly 10% hit like that? There's a lot of talk of another flash crash and evidence of mini flash crashes such as AAPL today.

Who knows, but it's getting weird.

Scott said...

Blue- a 50% drop would be something amazing to trade. once the bots get their microchip circuits in play anything could happen. of course AAPL could keep going up as well...
i'll be watching carefully

Day Trading Fool said...

AAPL schmapple.

After I saw your entry, and then later saw the flash crash, I thought to myself, 'Scott got the flash.'

That would of been unreal. I suppose you don't have you personal set of market momo buttons afterall =)

As usual, thanks for sharing this. And the cup pattern.

Trade on!

Scott said...

dtf- if i was ahead of the bots on the entry, I was behind on the exit.
why take a $5 if there could be a $50 drop? I got greedy and got lunch money instead. stay tuned though, AAPL action both ways isn't over yet.