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Re: ljk post# 51602

Tuesday, 02/14/2006 5:28:40 PM

Tuesday, February 14, 2006 5:28:40 PM

Post# of 147304
I have no uncanny sense of anything.

Situations like this are pretty easy.
Pretty much a lay-up in basketball, mostly
Zoom to earnings - sell before announcement
Down after earnings
Watch it fall.
At some point start rebuilding position
If you think it is worth a position.

Depends on one's taste for risk, and whatever one puts into the decision process in terms of timing. I said in the past 6 months and still think that Apple will be a wealth creator over the next few years.

I did not drink Kool-aid, though. Like chimpanzees, I am capable of learning. Sometimes I can even apply the right learning to the right situation. Not everytime, but more often than I used to. Now that I have written this crap, watch AAPL fall like a rock :). I'll be long out before it hits bottom, if it were to do that. Will adjust stop-loss upward this evening






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