Dont be stupid folks. We could wake up tommorrow and find this thing down 20 or more points. Sure its a diversified tech company, but wasnt it also diversified at much lower levels as well a few years ago. We are in a recession and people are out of work. Circuit City is going to file bankruptcy. They are not going to run out and buy more Apple equipment.
I tend to agree with Gary here only since it will probably take a couple of days to get down to the lower end of the channel it will probably only get down to 140 instead of 135.
If they did they won't admit it....c'mon....don't you know everyone on ET except me is 100% accurate on their trades and makes 10K a week! lol
it worked out for me.. bought a put on the GE friday day. (150 apr) Went from 2.20 -> 6.xx. Sold at 5.30 on Monday morning. That was the extent of it for me. (now I've had plenty of bad trades too... just look at SIGM.. long through the beating)