Short interest has climbed from 10.4 million shares held short as of a year ago to 18.9 million shares held short as of the end of last month -- an 81% increase over just under a year. That's a fairly notable increase in bearish sentiment surrounding Apple.
It really depends on your timeframe. If you are looking for short term trade, don't short until it breaks support. If you day trade than you should use an intraday trading system like a 5 min SMA crossover. It will have nothing to do with what happened today.
I had respect for u before... But it is gone now... Not because u are out or shorting .. To each his own..
But because your post have taken form of stating opinions as facts... And no i am not talking about this post.... I am talking about your prediction stated as "hard cold reality" ..
Use a little humility and state them as " my firm belief" ... That is all they are!
And dont go from some one respectable to a mindless basher!
I never used "hard cold reality" Argatam. Yes to each his own. I respect myself for getting out before it was too late. I made some money on Aapl, but that was rapidly drawing to a close. I enjoyed our conversations along the way, so have it your way. Best regards my friend.