Friday, January 23, 2009

AAPL Update


I have been watching AAPL and covered my short a couple days ago when it broke above 79.20... which in reptrspect was the message that earnings would be positive.

Yesterday, the NAZ got a little ahead of itself and overbought near the end of the day, so I opened another short positionon AAPL at $89 and set an after hour cover order for $87... and it triggered.

Cha-ching for a little trade.  Not greedy.

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