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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, January 29, 2007

AAPL gapping up premarket can be shorted.

AAPL closed @ 85.38

Gapping up this morning right now on no news could be a good short at 86.20 area.

1/2 position short only because it's way too early.

54 Comments:

Anonymous Anonymous said...

why are you so obsessed with AAPL ??

Mon Jan 29, 08:22:00 AM EST  
Blogger beanie11111 said...

anonymous,

I just like to day/swing trade AAPL. Besides, playing the bigger stocks is the best way for you guys to learn about daytrading.

Hope it helps.

I am very open to other stocks as well but lately alot of the smaller caps tend to fail their moves.

Mon Jan 29, 08:26:00 AM EST  
Blogger beanie11111 said...

Someone asked me a very important question in the last topic. Please go back and read my answer.

Mon Jan 29, 08:26:00 AM EST  
Blogger beanie11111 said...

AAPL may not be a short today due to an upgrade by Needhman. So if you shorted already, be sure to cover on a rally.

Mon Jan 29, 08:28:00 AM EST  
Blogger beanie11111 said...

86.14 is resistance at AAPL from days back

Mon Jan 29, 08:47:00 AM EST  
Anonymous Anonymous said...

Beanie,

that was me who posted the question about Pepsi splits.....i forgot to sign my name....thanks

-mark the rat

Mon Jan 29, 08:54:00 AM EST  
Blogger beanie11111 said...

GOOG earnings is this wednesday. Do you got the gonads to go long?

Mon Jan 29, 08:56:00 AM EST  
Blogger beanie11111 said...

markrat,

I wish my parents had bought me 100 shares of pepsi then for $77!!!

100*3*3*3*2 = 5400 * $64 = $345,600 today!

It pays to buy good stocks at their early growth phase!!!

Mon Jan 29, 08:59:00 AM EST  
Blogger beanie11111 said...

not enough to retire but certainly enough to pay off part of the house! lol

Mon Jan 29, 09:00:00 AM EST  
Blogger beanie11111 said...

ok folks, today we go long on AAPL. Wait for a dip.

Mon Jan 29, 09:06:00 AM EST  
Blogger beanie11111 said...

No matter what, the right daytrade to make is to short on AAPL gap up. Let it run higher a little bit more in the early morning and go short. Then eventuallly we go long on the dip.

Mon Jan 29, 09:10:00 AM EST  
Blogger beanie11111 said...

If i'm a gamblin man, i'd say GOOG gonna have blowout earnings this wed

Mon Jan 29, 09:12:00 AM EST  
Blogger beanie11111 said...

hey man, looking at the futures, i'd say the shorts gonna win today.

Mon Jan 29, 09:28:00 AM EST  
Anonymous Anonymous said...

hey beanie..can you take a looka t LOCM? what do you think based on fridays action? thanks

Mon Jan 29, 09:40:00 AM EST  
Blogger beanie11111 said...

NYX: short it 101.95

Mon Jan 29, 09:46:00 AM EST  
Anonymous Anonymous said...

OCCX, going higher.

Mon Jan 29, 09:55:00 AM EST  
Blogger beanie11111 said...

anonymous,

I hate LOCM as a company but the technicals are getting better

Mon Jan 29, 10:01:00 AM EST  
Anonymous Anonymous said...

once again, OCCX, going higher

Mon Jan 29, 10:11:00 AM EST  
Blogger beanie11111 said...

AAPL: a good short again at 86.45

Mon Jan 29, 10:11:00 AM EST  
Anonymous Anonymous said...

CPSL at 10.12 now.... buy!!

Mon Jan 29, 10:17:00 AM EST  
Blogger beanie11111 said...

die AAPL die!!! lol

Mon Jan 29, 10:20:00 AM EST  
Anonymous Anonymous said...

XING up big again today! What a run this stock is having and this is just the beginning! The analyst upgrade to "Strong Buy" with a $20 share target is considered very conservative. This run is just the beginning. Hope you guys are in this one or at least following it closesly.

Mon Jan 29, 10:55:00 AM EST  
Anonymous Anonymous said...

hi is anyone else having trouble getting on with ameritrade? i'm having website trouble.
thanks,

mark the rat

Mon Jan 29, 11:03:00 AM EST  
Anonymous Anonymous said...

is ebay a good short here, 32.10?

-mark the rat

Mon Jan 29, 11:35:00 AM EST  
Anonymous Anonymous said...

SEED down 20% + OUCH! Where's the guy that was tooting his horn?? Hehehe

Mon Jan 29, 11:57:00 AM EST  
Anonymous Anonymous said...

Anon,

That was me pumping SEED but I`m sure nobody was listening. LMAO!!!

Mon Jan 29, 12:41:00 PM EST  
Anonymous Anonymous said...

TSTC nice move......

-M

Mon Jan 29, 01:13:00 PM EST  
Anonymous Anonymous said...

any thoughts on NYX before earnings?

Mon Jan 29, 01:17:00 PM EST  
Blogger beanie11111 said...

Kevin,

I hold a position in NYX and plan to keep it thru earnings. Longer term play for me.

Mon Jan 29, 01:34:00 PM EST  
Blogger beanie11111 said...

AAPL can be shorted again in the mid 86

Mon Jan 29, 01:42:00 PM EST  
Anonymous Anonymous said...

hi Beanie,

is ebay a good short here?

32.10
thanks,

mark the rat

Mon Jan 29, 01:52:00 PM EST  
Blogger beanie11111 said...

AAPL is deadmeat tomorrow is my opinion. Hold your shorts.

Mon Jan 29, 02:08:00 PM EST  
Blogger beanie11111 said...

mark,

i prefer you short AAPL.

Mon Jan 29, 02:10:00 PM EST  
Anonymous Anonymous said...

Beanie,

Do u think now is a good time to get in AXR? What do the charts tell ya?

Mon Jan 29, 02:16:00 PM EST  
Anonymous Anonymous said...

beanie,

why tomorrow for aaple?

thanks,
mark the rat

Mon Jan 29, 02:17:00 PM EST  
Anonymous Anonymous said...

Beanie has got apple right every time so far.

Mon Jan 29, 02:21:00 PM EST  
Anonymous Anonymous said...

I agree. I've already made hundreds on his apple trades. Thanks Beanie!!

Mon Jan 29, 02:28:00 PM EST  
Anonymous Anonymous said...

pfsw about to make a nmove up.

Mon Jan 29, 03:00:00 PM EST  
Blogger beanie11111 said...

AAPL: go long if it closes around 86

Mon Jan 29, 03:30:00 PM EST  
Blogger beanie11111 said...

actually, i don't want you to long AAPL today. Let's see what happens tomorrow.

Mon Jan 29, 03:32:00 PM EST  
Anonymous Anonymous said...

OPBL is a buy here at 5.33!

Mon Jan 29, 03:45:00 PM EST  
Anonymous Anonymous said...

hi beanie,

aapl...hold shorts????

thanks,

mark the rat

Mon Jan 29, 03:49:00 PM EST  
Blogger beanie11111 said...

if i'm a gamblin man, i'd bet on AAPL gapping up tomorrow (barring any negative options backdating news from the company)

Mon Jan 29, 03:54:00 PM EST  
Blogger beanie11111 said...

mark,

i already covered my AAPL short

Mon Jan 29, 03:54:00 PM EST  
Blogger beanie11111 said...

NYX: looks like a buy here below 100

Mon Jan 29, 03:58:00 PM EST  
Blogger beanie11111 said...

NYX: remember that earnings is this friday


GOOG: earnings is this wed

Mon Jan 29, 03:58:00 PM EST  
Blogger beanie11111 said...

I get the feeling the markets gonna go down at least the next 2 days. I'm hoping for a gap up tomorrow so we initiate some (more) shorts.

Mon Jan 29, 05:05:00 PM EST  
Anonymous Anonymous said...

nyx
sort or long
u r confusing me beanie

Mon Jan 29, 05:13:00 PM EST  
Blogger beanie11111 said...

anonymous,

I have a core position (long) in NYX for the longer term.

Mon Jan 29, 06:45:00 PM EST  
Blogger beanie11111 said...

JSDA: been hot lately. Cramer calls it the next HANS. I doubt it, but it will get a decent run.

Mon Jan 29, 06:53:00 PM EST  
Blogger beanie11111 said...

INTC:

Hearing that there are lots of jan 30 calls 2008 being bought

Mon Jan 29, 06:55:00 PM EST  
Anonymous Anonymous said...

what time during the day cramer calls his picks ? i do see his late night tv shows..looks like he originally makes those picks earlier in the day...

any website i check his picks during day ? or shud i watch his tv show ?

Mon Jan 29, 09:39:00 PM EST  
Anonymous Anonymous said...

I think AAPL is not a long term keeper. It will most probably be down this year. The expectation around iphone will be disappointing. I think the iphone will be a great product, but will not catch on the market place for various reasosns (the novelty factor is gone, it's too expensive, and the phone companies will kill it). Good luck for AAPL longs!!!

Tue Jan 30, 08:23:00 AM EST  
Anonymous Anonymous said...

Beanie or anyone
Do you think MAMA is a good buy here
It looks like its reversing but Im not sure
opinions pls

Thu Feb 01, 10:07:00 AM EST  

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