DONT BE LONG AT THE OPENING BELL, AAPL PROBABLY FALL 10 POINTS ON TAX SELLING
every morning aapl has been falling due to long term shareholders lightening up on aapl due to increasing competition squeezing aapl sales growth, aapl probably to head down 10 points or more after opening bell, wait to buy, aapl should be on sale below 520 by the time the selling is done
Agree, last 5 trading days this seems to be the case, high probability that it will happen today as well. Especially, with the struggling news on the FiscalCliff. I'm short atm but know there will be a bounce either today or tomorrow, the option fence is around 530-535 although the fence didn't live up to expectations the last weeks really. I'm kinda surprised to see AAPL green in the pre-market although following patterns gives us a logical indicator that it's just a bounce from the heavy selling before the close of yesterday. Anyway, i guess there is a fair chance of AAPL hitting 520 before going up :-)!