Apple Inc (AAPL)

[OldAIMGuy]

It's taken a considerable discount from the most recent highs to bet my program interested in converting cash to shares. Yesterday it finally triggered the second buy and a modest drop from here will trip yet a third. Here's a look-back at the latest 12 months of AAPL ownership and my inventory management. Treating the holding as inventory in an equity warehouse takes a lot of the emotion out of decision making.



On the way up it was my intent to keep the dollars at risk and the Equity/Cash ratio in a very tight range. Now that some cash has moved back into inventory there will be room in the register for some cash should the price/share return to around $300 from here. Each buy from here will reduce that 'next sell' target further down. It's all part of my plan to buy from the scared and sell to the greedy.....

OAG Tom