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Alias Born 06/22/2003

Re: cotton post# 18622

Friday, 07/02/2004 10:25:49 AM

Friday, July 02, 2004 10:25:49 AM

Post# of 148054
Actually I'd planned on buying puts on the day of the WWDC, but missed the chance.

After the big drop post keynote AAPL went nowhere for 3 days, essentially forming a 'bear flag' on the daily chart. Meant a good chance of the move continuing in the same direction. Target for the bear flag was reached today (I hadn't expected this to resolve in 1 day!).

I was lucky, I'm sure I'll manage to lose today's gains without a problem.

I think AAPL will probably drift lower. The 50dma is at 29, might be a place for a bounce. I wouldn't buy it there except for a trade.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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