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Apple Inc. Message Board

  • gadder007 gadder007 Oct 25, 2012 3:57 PM Flag

    When to cover

    I sold my long position at 659 and started shorting around 676 before it dropped back to 660. I course I sweated when it zoomed all the way to 700, and almost covered, but thank goodness it dropped fast from there.

    I covered half around 630, and think about taking off another 1/4 at 600, but could see aapl fall further to 580 to 560 range. It does not look that it could fall even further than that so. Any opinions?

 
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