AAPL: Buying the Dips!

oh and by the way, today is the kind of day where if apple hits 550 i will NOT being going long

 

http://bgr.com/2012/11/07/apple-cri...hakeup/?utm_source=dlvr.it&utm_medium=twitter

 

AAPL with Jobs reminds me of Mike the headless chicken. Mike lasted 18 months. AAPL ran out of steam in just 12.

 

AAPL w/Jobs sure had a super run these last 10+ years.

One of these days it'll have a sharp bounce, but maybe from the low of May-12...maybe In the meantime, day trading works...

 

Don't have the time to dig up my post. But told you so. Ass rape is progress for bottom sniffers. Going to hurt all the way to 300 next year.

 

We are entering the capitulation stages.

Calling an AAPL bottom between 540s and 518 with a stop below 500, target 640.

 

you need EXTREMELY high volume to even think about using the word capitulation.

apple is still within its range of volume and is still in the downtrend channel line.

im guessing you are losing your shirt on apple and looking for any sign that you might stop losing your shirt??

 

I'm losing my shirt somewhere else but not on AAPL.

 

Apple is at key support. A break of 560 and its in big trouble. looks to consolidate between 560-620 for a while until either sie breaks.

 

Only would be long going into the holiday season and thats about it, any great run in apple shares has to be sold, I think a rise above $600 is still possible by the end of the 2012.