You are basing your prediction based on what you read in Market Wizards? How do you know its going to keep going higher and higher? Its probably not THE top, because there is only 1 long term top, and odds of catching it are small, but that's not the point. If you short here and hold it for a year or 2 years, I am saying that you will not be disappointed with the results, between then and now, it could go higher, but proper allocation will actually set you up better with a higher price, because as I stated in the first post, the point of scaling in entries is because it can allow a trader to actually root for his position to going against him so he can put on more size at a better price.
So are you actually in these trades right now and averaging short into these stocks over the intermediate term as we speak with real capital? Or are these just trade "suggestions" you are sharing with us but you're not really trading them yourself? Thanks for clearing this up.
I am not currently trading, my capital is tied up in real businesses right now. If I had some free capital to play with, I would short right now. and scale in. I just need to take them public and dump the shares to the dumb daytraders. LOL
pm me when that time comes.... i remember being short goog at 230 thinking the same thing...look at her now...
why is aapl down, uh oh... nah just kidding it will be 180 by fri and 200 after earnings, who are they kidding, im sure everyone is ready for the 3 for 1 split announcement, should run up 30 points just on that news alone, welcome back to 1999..............
Me just see this thread. You short AAPL and GOOG? Why kind of Detective is you? POOP Detective??? Yeeeee Hawwwww AAPL and GOOG To the moon and the road of riches... Have no fear.. Handsome and Jobs and Goog are near!
What do you think a stock certificate is? Fractional ownership of a business. That's great that you have money tied up in a real business, but Apple is also a real business.