03-14-2013, 10:20 PM
As soon as you bought, I told my brethren to hold off buying until we'd shaken you out. 
I think we could be on the cusp of a big run higher, because:
1) Galaxy IV is finally out, and so is no longer the bugbear on the horizon. Plus it really doesn't amount to much - iterative rather than innovative, as people love to say about Apple.
2) After an avalanche of downgrades and lowered targets, Apple actually got an upgrade today.
3) Supposedly the secret hedge fund pair trade (long Google, short Apple) since February is now being reversed since the media found out about it.
4) It's about time for an Apple product announcement (usually happens in March). Plus maybe a dividend hike.
5) Most importantly, I sold a call against my long Apple position a few days ago (a bet the stock won't go up before early April). That's sure to bite me in the ass.
I think we could be on the cusp of a big run higher, because:
1) Galaxy IV is finally out, and so is no longer the bugbear on the horizon. Plus it really doesn't amount to much - iterative rather than innovative, as people love to say about Apple.
2) After an avalanche of downgrades and lowered targets, Apple actually got an upgrade today.
3) Supposedly the secret hedge fund pair trade (long Google, short Apple) since February is now being reversed since the media found out about it.
4) It's about time for an Apple product announcement (usually happens in March). Plus maybe a dividend hike.
5) Most importantly, I sold a call against my long Apple position a few days ago (a bet the stock won't go up before early April). That's sure to bite me in the ass.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market