i use mainly common but do use options but mainly weeklies, rarely monthlies, and never longer then that
still buying this out of favor APLE? bought some put 590, 590 is the resistance, it will go down to 575. if that breaks, we will see 530 maybe this week or next week. normally a temp bottom is a sharp drop, then retrace. aapl did not have this pattern yet. I anticipate it drop through 575 to 530, then some barigin hunters may get in. look at NFLX reversal patterns, you know AAPL is doing the exact thing now. lots of big guys already out, think logically. if there is no big guys on this stuff, what will happen, small investors will have no chance to puch it up, just like a rock, drop drop... mmm, buy dips is cute
you might be right you might be wrong further how do you know who is in or out of the stock? lol I say it sees >600 by next Friday
i think it has further to fall..... .....aapl-dicator... http://stockcharts.com/h-sc/ui?s=AAPL:VXZ&p=D&yr=0&mn=6&dy=0&id=p31909638790
Bears would need to take the low that was placed before new higher highs for the uptrend to end; and still, it would be dumb to expect a NFLX event, at worst, possibly a sideways pattern, which is why I feel confident, writing puts below 550.
if aapl looked like a ntflx event on a chart.. there would literally be blood on the streets.. super weight on the index..
if something in a bull market is a star, then it will be the best candidate for short sale in the bear market ....william o'neilo
Apple sinking yet again. Where are the analysts showing that its still going to a $1000, haha.... Competition is coming in and I believe apple will start losing market share as time goes on....is this still the first trillion dollar company or is cisco still in the race for that? HA