Apple looks good!

[billyjoe]

good to hold apple, but i wouldnt be buying more here...cus apple wants to go downtown and will over time ...next stop should be around 180 and we will see how volume is down there

214 and no sign of weakness

------------billy

[yoyomama]

good to hold apple, but i wouldnt be buying more here...cus apple wants to go downtown and will over time ...next stop should be around 180 and we will see how volume is down there

I guess 209 is the new 180.

$AAPL!

[dcman401]

Yeah, over time I suppose... but for now it was good to be long today.

Ahhh...my covered call is killing me here.

Im hoping for a dip tomorrow where I can buy back that call at a good price so I can make some more money on the upside.

But still, not a bad situation to be in

[yoyomama]

Yeah, over time I suppose... but for now it was good to be long today.

[ninner]

good to hold apple, but i wouldnt be buying more here...cus apple wants to go downtown and will over time ...next stop should be around 180 and we will see how volume is down there

[dcman401]

Here we go !

---------billy

don't get too excited....remember around 70% of aapl is owned by institutions.

In the long run this stock will perform very well. But these 1-2% daily changes I believe are mostly institutional manipulations.

I'm just going to keep holding, and one day I'll wake up and see aapl trading around $225...it's inevitable.

[billyjoe]

dcman,
I bought at 196 and 199. Some day you'll laugh at 201. A couple years or so ago I couldn't wait for it to hit 100 then I'd sell. It won't fool me again.

-------------billy

Here we go !

---------billy

[yoyomama]

Should be an interesting week. I sold a december 200 call a few days ago...lets hope we see a close around 200 next friday, but not much higher. Then 205 the week after!

I'd like to see a close around 200...this Friday.

[dcman401]

ya gotta go with your gut!

Should be an interesting week. I sold a december 200 call a few days ago...lets hope we see a close around 200 next friday, but not much higher. Then 205 the week after!

[zztopstock]

ya gotta go with your gut!
________
Felly cam

[yoyomama]

Huge....of course if you got in it at $205 that's another story.


Sat there yesterday at 189.87 thinking...I'm going all in right here - and didn't.

waaaahhh!

[dcman401]

Aapl is huge today

[dcman401]

No, I never short it.

My theory is that over time it will go up, so I can never be in a bad position even if the price drops. Just means all I have to do is wait longer, and make sure in picking solid companies that will bring me good gains over time.

And with stocks like AAPL right now, what I do when im a good amount away from making profits or my goal amount, I'll short it by selling covered calls with a strike price around what I intend to sell it at. AAPL is slight different because I got in around 201, and am selling a covered call for 200 in December. Usually I woud buy at 201, and sell a 210 covered call.

So that's usually my safety net in times like these when I want to make up for some of my unrealized losses. But buying at 201, selling a covered call right away at 210 with a stock like aapl is never a bad idea either. You could potentially miss out on HUGE gains, but most times it will just add to your profits.

[yoyomama]

But then again, im a wimp when it comes to investing. ive just been day trading aapl with a fairly large sum of money picking up a percent here and there doing pretty well. But I always had the mentality i would stick with it for the long run, if i ever was in the red...and here i stand, holding aapl until I make some money off of it.

I take it you're not shorting it when you trade...is this the first that you've been in the red with it?

It sounds like a good plan...there are several that I went way red on that if I'd just stay put the hurt wouldn't be so bad.

Okay, so ETFC ain't one of those. Die you bastid stock!

[dcman401]

Yup

Yup no biggie, I might take a loss this Friday. I'm thinking of buying the Jan 2010 $210 call, I have confidence that AAPL will bounce back to that level in a month. It's a good time to buy on the dips.

Options with AAPL always scare me...the stock is so volatile and moves so much even without any news, I wouldn't go near them. I mean just look at the past week or two. The prices have gone from about $204-$188/share and there hasn't been any news! It deff. is a stock that has the potential to make you a ton of money with options, but just way to risky for me. I believe it will perform very well in the upcoming year/years to come, but I wouldn't bet a cent on when it will happen.

But then again, im a wimp when it comes to investing. ive just been day trading aapl with a fairly large sum of money picking up a percent here and there doing pretty well. But I always had the mentality i would stick with it for the long run, if i ever was in the red...and here i stand, holding aapl until I make some money off of it.

But it's a plan im happy with. I have no problem holding aapl until it goes up, and im pretty sure i will take home a nice profit in the end.

May sell a couple covered calls tomorrow though to give me some income while I wait.