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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!

Friday, January 19, 2007

AAPL: let's jab it some more!

AAPL closed @ 89.07

I see it going to the low 80 eventually, then a bounce, and then eventually to 70 (and possibly 60 worst case).

Sock it and short it on all rises!

Don't get me wrong. I still like AAPL for the longer term. But hey, daytraders/swingtraders gotta make money to pay their bills, you know.

Don't short pre-market. The volume looks kinda low even though it's gapping down this morning.

48 Comments:

Blogger beanie11111 said...

ok, short it premarket if you want to. Just make it small.

Fri Jan 19, 08:10:00 AM EST  
Anonymous Anonymous said...

beanie,

NYX rat is getting is rat poison again...think i should dump it until it stops sinking....or hold?

thoughts?

thanks,

mark the rat

Fri Jan 19, 08:51:00 AM EST  
Blogger beanie11111 said...

AAPL: you can take a 1/2 short position now at 88.75

Fri Jan 19, 08:54:00 AM EST  
Blogger beanie11111 said...

mark,

my feeling is that NYX goes to 95 then bounces back to 100 and goes down from there. Likely gonna be rangebound between 90-100. I hope to be wrong and the stock takes off with today's news.

Fri Jan 19, 08:57:00 AM EST  
Anonymous Anonymous said...

thanks beanie,
although i dont think the news will do anything positive, because it was pretty much expected, i believe
-mark the rat

Fri Jan 19, 09:06:00 AM EST  
Blogger beanie11111 said...

No matter what happens to tech this morning, i believe it will go down towards the close. So hope for AAPL to go up a point or two and then short it.

Fri Jan 19, 09:40:00 AM EST  
Anonymous Anonymous said...

Hi Beanie and Board,

Made some $$$ on HOKU before sell off- Basically trolling for a buy huh? Out 7.40 in at 7.00 yesterday


Pamfla

Fri Jan 19, 09:56:00 AM EST  
Anonymous Anonymous said...

Beanie,

Have some dollars not enough to get a good position with APPL

Thank you,

Pamfla

Fri Jan 19, 09:57:00 AM EST  
Anonymous Anonymous said...

Beanie,

Have some dollars not enough to get a good position with APPL

Thank you,

Pamfla

Fri Jan 19, 09:57:00 AM EST  
Blogger beanie11111 said...

AAPL looks very weak

Fri Jan 19, 09:59:00 AM EST  
Anonymous Anonymous said...

Man, excellent run on XING HOKU

Pamfla

Itching to buy a little something
Pamfla

Fri Jan 19, 10:02:00 AM EST  
Anonymous Anonymous said...

Beanie,

What happened with EBAY? Where do you see it next week?

Fri Jan 19, 10:05:00 AM EST  
Blogger beanie11111 said...

AAPL: the feb 90 puts are a good bet. Play small

Fri Jan 19, 10:05:00 AM EST  
Anonymous Anonymous said...

XNN is on fire again! Everyone who took my advice should have huge smiles! :o)

Fri Jan 19, 10:05:00 AM EST  
Blogger beanie11111 said...

anonymous,

i just don't see EBAY going that much lower but it will get pressured as techs go down

Fri Jan 19, 10:06:00 AM EST  
Anonymous Anonymous said...

Greyhound,

Thank you for your support with my post.

XING GIGM, XNN or TRMM

well? Any suggestions board Beanie?

Fri Jan 19, 10:08:00 AM EST  
Anonymous Anonymous said...

DIVX getting pasted!

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

i think AAPL gonna drop like a rock today when that 88 breaks

Fri Jan 19, 10:11:00 AM EST  
Blogger Johnny3185 said...

ICAD just keeps on going!

Fri Jan 19, 10:17:00 AM EST  
Blogger beanie11111 said...

today is not the time to go long on anything is my opinion.

Fri Jan 19, 10:23:00 AM EST  
Anonymous Anonymous said...

beanie..i know until last week, you were very bullish on AAPL and other tech stocks.seems like you are not that bullish on them ST or MT.

anyway, what are you buying now? do you think oil stocks like VLO a good buy here for MT? thanks

Fri Jan 19, 10:29:00 AM EST  
Anonymous Anonymous said...

Beanie and Board,


XING is going one way and that's higher...check it out,

Pamfla

playing hookie today...

Fri Jan 19, 10:42:00 AM EST  
Blogger beanie11111 said...

anonymous,

i dont want to play the oils. Short term it'll probably rebound but it should go down this year.

I am not long much except for a small position in NYX ata $100 and looking to buy more on dip.

Else, i'm mostly short tech like AAPL

Fri Jan 19, 10:56:00 AM EST  
Blogger beanie11111 said...

MED bottomed at 9

Fri Jan 19, 11:01:00 AM EST  
Blogger beanie11111 said...

short AAPL!!

Fri Jan 19, 11:02:00 AM EST  
Anonymous Anonymous said...

Beanster,

Do you like XING? This is tech...yes?

Pamfla

Fri Jan 19, 11:02:00 AM EST  
Anonymous Anonymous said...

SEED has been doing well the last few days.

Fri Jan 19, 11:38:00 AM EST  
Anonymous Anonymous said...

beanie,

what do u think about buying CPSL at this level (10.75)?

Fri Jan 19, 11:52:00 AM EST  
Anonymous Anonymous said...

what do you think of YHOO, beanie? thanks

Fri Jan 19, 12:07:00 PM EST  
Anonymous Anonymous said...

Beanie,

MED is taking off...man, wish I was in

Pamfla

Fri Jan 19, 12:09:00 PM EST  
Anonymous Anonymous said...

Med was a play early this am on the upgrade..

BB&T initiates Medifast (MED $9.11) with a Buy and sets $16 tgt, as they think MED is well positioned to capitalize on consumer weight concerns by increasing its advertising (and awareness and sales and earnings).

Rambo

Fri Jan 19, 12:32:00 PM EST  
Anonymous Anonymous said...

Beanie, what are your thoughts on MICC??

Fri Jan 19, 12:34:00 PM EST  
Blogger beanie11111 said...

anonymous,

Regarding YHOO, Cramer said to sell tech and he was very adamant about it yesterday. So stay away for the short term.

Fri Jan 19, 01:09:00 PM EST  
Blogger beanie11111 said...

anonymous,

MICC looks very nice

Fri Jan 19, 01:10:00 PM EST  
Anonymous Anonymous said...

here are two to be looked at i got them from vector vest
my brokerae will not let me buy tattf the other is lxu
greyhoundlas

Fri Jan 19, 01:15:00 PM EST  
Anonymous Anonymous said...

Last chance to board the XNN train! Don't later on say you weren't told!!

Fri Jan 19, 01:35:00 PM EST  
Anonymous Anonymous said...

Good call on Med Beanie? Late to the race again! Or are you going to sell into the bounce we create by buying it?

Fri Jan 19, 01:37:00 PM EST  
Anonymous Anonymous said...

IAAC bounced off of 200MA!! Pefect textbook setup!!

Fri Jan 19, 02:00:00 PM EST  
Anonymous Anonymous said...

Cramer just said BUY BUY BUY on AAPL!!! It's on his realmoney.com.

Fri Jan 19, 02:15:00 PM EST  
Anonymous Anonymous said...

beanie,
I hope your losing your ass
on shorting aapl

Fri Jan 19, 02:27:00 PM EST  
Blogger beanie11111 said...

I'm calling it a day. Like watching paint dry. lol

Have a great weekend and i'll see ya Monday! :)

Fri Jan 19, 02:57:00 PM EST  
Blogger Johnny3185 said...

Pick up some IDP. Looking for a large pop next week!

Fri Jan 19, 03:20:00 PM EST  
Anonymous Anonymous said...

SEED is a sleeper. After earnings news, it may go back to $17.

Fri Jan 19, 04:04:00 PM EST  
Anonymous Anonymous said...

shit, i dont know what the volume is, but MED is up $1.00 after market
-mark the rat

Fri Jan 19, 07:34:00 PM EST  
Anonymous Anonymous said...

shit, i dont know what the volume is, but MED is up $1.00 after market
-mark the rat

Fri Jan 19, 07:34:00 PM EST  
Anonymous Anonymous said...

This website is a retardfest. Clearly a bunch of newbie wannabes. Thanks for continuing to feed the sharks.

Sun Jan 21, 02:53:00 PM EST  
Anonymous Anonymous said...

Mark the rat,

MED jumped $1 because of me. I put in a market order by accident... sorry!!

brett

Sun Jan 21, 05:59:00 PM EST  
Blogger beanie11111 said...

brett,

i'm inclined to believe you. lol

http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=frameset&kind=&symbol=med&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=med&FormType=&mkttype=AFTER&pathname=&page=afterhours

Mon Jan 22, 01:09:00 AM EST  

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