I am debating myself about this. I came here to share trading strategy and info about company. But lately I have become one of the most hated poster here. Almost every post I made received many thumb downs, even more than AEA and some racist posts. I really don't understand what in my posts are so offensive to you guys. It looks like most of the people here aren't into trading at all.
So I am going to ask you to tell me. Please give this post a thumb-up if you think I should continue, or a thumb-down if you think I should stop and leave.
I will bump this post from time to time to keep it visible for a day.
Really? NOK is still shipping over one million phones a day. I guess a dead NOK is better than most of its competitors alive.
Read that report carefully. Most of the apps are free and only 1% of the downloads are useful apps.
Yup, there are a lot of downloads but AAPL is not making money out of them.
iPod isn't a must have either. Food, rent, gas, medical care are must have.
Why? Because the price action tells me it is bearish and I want to make money so I trade with the trend since it was $178. How about you?
Right on, my friend. But true AAPL longs won't sell at $40. They will hold until the last dollar and insist it will rally $180 the next day and they will break even.
Both daily and weekly RSI of all three major indexes are in over bought. And Credit Suisse CEO and Blackrock president are on TV encouraging people to put money into the market. This is a sign that market is topping out. You should start taking profits or buy put for protection.
If you are not in already, don't chase it to get in now. You should wait for it to break $470 decisively. If it does break out of $470, there will be a lot more to go. If it can't, there could be a significant pullback. It isn't about price target. It is an issue of probability.
Tim Cook has indicated that there will be no new product launch until fall. The stock will be range bounded trading sideway for awhile at least until WWDC.
If you have already owned AAPL, the best strategy is to sell weekly covered call to lower your cost base for the next four weeks. What happens after that depends on what happens in the WWDC and we can reevaluate at that time.
If you haven't bought and are looking to get in, you can either sell puts, use buy write (buy share and sell weekly calls), use a pyramid scheme (buy more as price goes down following some indicator like RSI), or a combination of those.
You can also just stay out until price breaks out of resistance and the uptrend resumes. Sometimes staying out is a good strategy because you can put the money to work in other stocks that are moving.
There are more important things in life than beating each others on a message board. So please tone it down, think about how lucky you are, and do something to help the unfortunate.
I can tell you what is wrong. The intelligence level of Americans has been going down. They are getting lazy. They are being out competed by the Asians. They are unhappy so they go extreme and blame their own problems on others. They are becoming bad losers.