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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!

Tuesday, January 23, 2007

AAPL gets ready for the bodyslam???

AAPL closed @ 86.79

I was hoping we get a little bit more bounce today to pile in more short positions. But it looks pretty weak this morning, although low volume.

Let's short it, but don't do it premarket. Volume is too low so far. It may gap down and bounce.

31 Comments:

Blogger beanie11111 said...

Take the opening gap down to cover some AAPL short positions. Do not open any more shorts yet. Let's see how the stock trades.

Tue Jan 23, 08:20:00 AM EST  
Blogger beanie11111 said...

NYX: is that an inverted cup-and-handle formation i'm seeing? A tilted inverted cup that started in november.

Tue Jan 23, 09:20:00 AM EST  
Anonymous Anonymous said...

Beanie, is NYX still a buy?

Tue Jan 23, 10:15:00 AM EST  
Blogger beanie11111 said...

HOKU: buy it!

6.25

Tue Jan 23, 10:18:00 AM EST  
Blogger beanie11111 said...

HOKU: i tried to post it but Google blogspot was down. HOKU now at 6.50

Tue Jan 23, 10:19:00 AM EST  
Blogger beanie11111 said...

NYX: do not buy yet

Tue Jan 23, 10:19:00 AM EST  
Blogger beanie11111 said...

NYX is not a buy until it closes positive!

Tue Jan 23, 10:21:00 AM EST  
Blogger beanie11111 said...

die AAPL die!

Tue Jan 23, 10:22:00 AM EST  
Blogger beanie11111 said...

HOKU: i am hearing that Cramer recommending it

Tue Jan 23, 10:23:00 AM EST  
Anonymous Anonymous said...

Beanie:

PFSW is on the move.

Tue Jan 23, 10:25:00 AM EST  
Anonymous Anonymous said...

NYX is a piece of SHIT!
-mark the rat

Tue Jan 23, 10:26:00 AM EST  
Blogger beanie11111 said...

AAPL: watch for that 85 to break and pile in those short positions

Tue Jan 23, 10:32:00 AM EST  
Anonymous Anonymous said...

OPBL getting killed! Do I buy more or bail out and lick my wounds??

Tue Jan 23, 10:38:00 AM EST  
Blogger beanie11111 said...

anonymous,

it's rarely a good idea to buy on a huge gap up. Traders will take profits!

With that said, OBPL is still headed higher longer term

Tue Jan 23, 10:55:00 AM EST  
Anonymous Anonymous said...

MICC up again!

Tue Jan 23, 11:23:00 AM EST  
Blogger beanie11111 said...

NYX: you can buy some if you want. I think the earnings run is due soon for this stock, even though it is now trading below the 50dayMA. 1/2 position

Tue Jan 23, 11:52:00 AM EST  
Blogger beanie11111 said...

NYX: wow that was fast! roflmao. wheeeeee

Tue Jan 23, 12:14:00 PM EST  
Blogger beanie11111 said...

AAPL: shorting right here above 87.30 . Strong resistance at 88. swing it

Tue Jan 23, 12:25:00 PM EST  
Blogger beanie11111 said...

AAPL: those feb 85 puts at 1.85 may be good. Play small on options please

Tue Jan 23, 12:43:00 PM EST  
Anonymous Anonymous said...

NXXI any suggestions?

Tue Jan 23, 01:03:00 PM EST  
Anonymous Anonymous said...

PFSW is still on the move.

Tue Jan 23, 01:25:00 PM EST  
Blogger beanie11111 said...

HOKU on fire!!!!!!!!!!!!!!

Tue Jan 23, 01:44:00 PM EST  
Blogger beanie11111 said...

HOKU on fire!!!!!!!!!!!!!!

Tue Jan 23, 01:46:00 PM EST  
Blogger beanie11111 said...

HOKU on fire!!!!!!!!!!!!!!

Tue Jan 23, 02:00:00 PM EST  
Anonymous Anonymous said...

hokie !!! hokie!!! hokie !!!
beanie whatafuckinidiot

Tue Jan 23, 04:15:00 PM EST  
Anonymous Anonymous said...

HOKU is dropping in AH! Whats going on???

Tue Jan 23, 04:35:00 PM EST  
Anonymous Anonymous said...

I think I've found a sure way of making money. Let's do the opposite of whatever Beanie recommends...

Tue Jan 23, 04:39:00 PM EST  
Anonymous Anonymous said...

Beanie has been right all day especially his calls on AAPL and HOKU. If you bought HOKU at 6.15 & 6.50, you could of sold it at 6.90 and made a nice profit. Every stock goes up and down and if you're not willing to take a short term profit, then you'd better be prepared for it to go down at least for a short time, be it an hour, a day, a week. So either sell it for a short term profit, sell it if it goes down to your purchase price for a no gain, or hold it until your able to make a profit on it.

Tue Jan 23, 07:02:00 PM EST  
Anonymous Anonymous said...

if you bought HOKU @ 6.50 and decided not to sell it today for a profit, you only have yourself to blame.

Tue Jan 23, 07:04:00 PM EST  
Blogger beanie11111 said...

NWS: Remember this one? Slowly but surely

Tue Jan 23, 07:48:00 PM EST  
Blogger beanie11111 said...

YHOO: the tech play of the year!!!

Tue Jan 23, 08:18:00 PM EST  

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