Live, I have held a substantial amount of AAPL for almost a year & it has been one of the best rides but one of the most stressful. I parked a lot of money knowing the biggest downside might be 5%....had to endure the earnings though which could have been a 10% move down. Clear sailing until 9/9 and I am looking to unload before then.
Higher high & higher close on huge volume is a good thing, yes.
What bothers me is that hedge funds have doubled their holdings of AAPL in Q2 as compared to Q1. I am long AAPL but worry about when they decide to take profit.
I've held AAPL through so many events and earnings, the bs wears on u.... In the end, my recent move was probably because I didn't want to deal with another event....
But in ur favor, I think Cook has improved 100% when it comes to saying/doing what it takes to move the stock.
A great situation for me, would be a down scare into the meeting and then the meeting surprise on the upside...
I wish u well and enjoy ur responses...
Too many corporations are in cahoots with politicians of both parties on the crony capitalist Washington-Wall Street Axis, but despite Gore on the board, AAPL perhaps less than many others, especially the big banks. They oppose freedom because they fear the people.
Bush revived the markets trashed by Clinton, then fell victim to the effects of Clinton, Rubin, Dodd & Frank's subprime slime chickens coming home to roost. His administration tried to rein in Fannie & Freddie, but Democrats in Congress wouldn't let them, in part because Frank's boyfriend ran Freddie. Bush's administration did make the crisis worse however by not replacing the 500 FBI bank fraud examiners switched to anti-terrorism after 9/11 (another legacy of Clinton's inaction) & by Paulson's bail out of the banks, signed off on by Democrats.
Look at googl, pcln this week, and fb last 2 days. People are rotating into aapl. 9/9 scares me a little, cuz it was price of 5c that crushed aapl last yr, and I think that ip6 and watch will have shockingly hi price