EDGE TRADER

Tuesday, October 11, 2005

Dodged AAPL bullet

A follow up on my earlier AAPL post. The stock rallied today rather than pulling back. As a result I didn't see the risk premium I was hoping for to trade into the stock. This is shaping up to be an interesting story with a huge gap down that will be followed by AAPL's secret meeting tomorrow, which will in all likelihood move the stock big once again. I will sit the sidelines. This is too much whipsawing for my tastes.

2 Comments:

At 11:51 PM, Anonymous Anonymous said...

Another Terror Hoax:
Posted Tuesday, Oct. 11, 2005, at 3:37 PM PT The frantic security warning that made New York City commuters even more wary of sitting near strollers was just a hoax, and bloggers are either furious or laughing.
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