Thursday, September 30, 2010

Another bite from the AAPL

sold AAPL bounce

AAPL once more




Another AAPl sequence

short















add size
















cover















go long

AAPL




Sure AAPL could fall much lower right now but lately there have been too many times it bounces up just when things look the worst. I'll cover now

AAPL short entry








add size








cover AAPL

Tuesday, September 28, 2010

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

MCP cup and handle

Another pattern to note is called a cup and handle. Long or short it works a good percentage of the time.
Here is MCP earlier today

AAPL once more

shorting AAPL on the upswing going into the afternoon session.
cover AAPL again. keep those loses small!
I'm drawn to short AAPL again like a moth to a flame...

AAPL


I wasn't quick enough to catch that 2nd AAPL drop. I'm covering after an hour later of drifting.
It is worth watching though

Where theres smoke theres fire


Looking at AAPL this morning. Unusual drop. Somebody knows something. I'll short it on the possibility that the drop was not an accident. If I'm wrong I'll take the loss.