I've heard this same story on the entire run up to 1800. You will eventually be right, but now is not the time to try and scare people away from the market. You are the reason the market will continue to go higher. When there are no doubters left is the time to sell.
The one interesting thing he noted was that surveys showed more people were opting for the 60 gig ipad over the 40 gig ipad. And since all that investors care about as far as apple earnings go are margins, that is a good sign.
Same here, I've been stalking this stock for a while now. I was looking to get long at 36, which it first hit on nov 6, but didnt pull the trigger because I wanted as much margin as possible to trade twitter the following day. I am still looking to get long this thing in the next few days once it's settled down a bit.
I dont either, but I have a very hard time believing that mw has not covered their short as it swooned from 24 to 9. And if they haven't, they deserve to lose everything.
I never laugh out loud about anything. But for some reason, this comment of yours has me laughing uncontrollably.
I definitely agree. If this thing starts filling the gap with no market pressure, it's game over. But in my opinion, it's gonna break 500 next week as long as the market doesn't fall apart.
This market has been relentlessly selling off the entire week, and yet Apple has held the gap it made on monday morning. Does anyone know how extremely bullish that is?