The stock (paper) is being distributed in the limelight after a decade+ sideways base. After it eventually breaks trend, it will re-test. IF the re-test fails as most parabolas do, down she goes. During that base, "nobody" wanted it. Known for the I-pod rather than the mouse (Lisa). They didn't invent MP3 compression. I use a mouse constantly.
Nah! I'll just trade'm for the real "bullion". You know what they say about apples and doctors. We'll need all we can get as the world falls apart.
So the whole logic behing short selling Apple is 'what goes up must come down' logic. And I'm guessing you have a win/lose ratio of 50% with these awesome abilities. Have you seen the David Einhorn presentation on GMCR short selling argument? About 120 slides of intricate research and logic. Come back with that and you might get the time of day instead of just posting up a single chart.
The logic is probably a price pattern scanner he uses to find "megaphone" wedges, then rely on nothing but gravity when it's insane how much this call is losing right now. Even if you don't want to call it a call at all, it's still a call, from the inception of this thread, that's pretty terrible.
It's only a matter of time... AAPL daily, weekly and monthly charts are extremely overextended. Vertical moves like this are unsustainable. The inevitable reversal should be spectacular. <strong><a href="http://stockmarket618.wordpress.com/2012/02/18/sat-feb-18">AAPL parabolic irrational exuberance.</a></strong> This is commentary and not a trade recommendation. Disclosure: no position held. Please note I did not initiate conflict with the ET trolls and sockpuppets who are notorious for scapegoating individuals with bearish views. They are solely responsible as they chose to troll my threads and stalk me. This fact can not be disputed.
Like Nine_Ender and his sockpuppet multi nicks, bwolinsky repeatedly conflates TA analysis/commentary with actual trades. This demonstrates intentional malicious conduct and/or appalling ignorance by bwolinsky who has no TA knowledge. I never made any AAPL trade recommendation - short or long. Are his broker clients aware of this appalling conduct on public forums ? Disclosure: no AAPL position held. http://stockmarket618.wordpress.com/2012/02/18/sat-feb-18 Brokerage / management fees / commissions... Stockbrokers / investment advisors... I'm not interested in semantics. We all know how brokers obtain income and it's not from trading their own account. Please note I did not initiate conflict with bwolinsky. bwolinsky is solely responsible as he/she chose to troll my threads and stalk me.
I have to ask... When does Apple exit its growth phase and enter maturity? They still don't pay a dividend. Attempting to anticipate huge innovations is difficult, but from a reasonable standpoint and the general path of technology (miniaturization, speed, and functionality) it is tough to see how Apple can once again revolutionize.. Look at the industry wide slowdown--there hasn't been anything groundbreaking for a while. Microsoft had their phase of revolutionary technology through Windows, Apple has had theirs through portability and mobility of data / user-interface advancements. I think it is quite clear the demand for mobile data is huge and growing, but room for innovation I postulate remains through apps. The medium of mobile data has largely been established I would say, until we start coming out with bio implants.