I have been in this business since I was 15. I haven't spoken with the authority you guys speak with yet. Technical, psychological, and inferential trading does always work guys. Believe in what you believe in and keep it to yourself. Talking about AAPL, I've owned it since it was it was about $10 in 1988. I haven't sold any yet and I'm not even considering selling. Careful as you play as there are other investors way richer than you are who play the market [if I may say so] along with their allies, They control volume and price and through that means, trigger distribution and then accumulate more! Play safe
Apple could go down another 28% from the high because that's the short term capital gains I'd be giving back for my profits, and another reason stocks with runs like this go down.
Thanks for the reminder about Facebook IPO - I think that we may see a total pump in nasdaq before selloff. decent earnings also. note: I'm holding aapl 625 May calls I got trounced in this last week. Uncle Ho had the put call so nailed. I should have listened. http://www.mercurynews.com/business/ci_20434597/facebook-ipo-date-may-14-public-offering
You make a very good point. The investment bankers are not going to sponsor an IPO like Facebook after the markets have turned tide. If they cancel the IPO you may want to be short in the markets. I've seen IPOs postponed for this reason.
LMAO. It took you 20 years at the feet of Jack Hershey in deep study. I just took 20 minutes of deep study of his methods to realize he is broke. GOOD LUCK GENIUS!