Forums - The AAPL Upleg

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Posted by cactiman on 03-23-12 06:01 PM:

The AAPL Upleg

Since the last Earnings Report on 01/24 AAPL has moved from 420 to 610 (+45%), and is now Consolidating between 610-575.
The next Earnings Report will be on April 20th. What will they say and what will happen?
I'm betting on more upside, with JAN 13 Credit Spreads at 600 & 625 Strikes. Those seem safe enough at the moment.

Posted by TheGoonior on 03-23-12 06:15 PM:

What is a "Upleg?"

Posted by cactiman on 03-23-12 06:40 PM:

Quote from TheGoonior:

What is a "Upleg?"

That's the bit causing all the cuckoo traders who recently shorted AAPL to lose money!

How about this sentence from RunToGold.com?

"The USD is posed for the next downleg which will help power gold’s explosive upleg, dragging silver and platinum with it."

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