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Post by archibaldtuttle on Apr 14, 2015 11:01:00 GMT -8
I've used this sideways period in the stock as an opportunity to back up the truck.
After selling most of my positions at 128-130 in Feb, I'm now fully invested again in January 2016 and 2017 ITM options... hoping the April earnings report will be the start of another leg higher, although I still think it's possible we may have to wait until July earnings to make that happen. Either way, I'll be happy.
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Post by incorrigible on Apr 14, 2015 11:22:26 GMT -8
Folks, please be careful with the call options. While all things Apple look rosy, one can never be sure about the market in general of which AAPL is a part. Remember 2008. As one who took a huge haircut personally during that time due to being overly optomistic, I paid the price. Dearly. This bull market is getting a bit long in the tooth and AAPL will drop with everything else if it comes to an end. Be careful out there. This is all naturally just my opinion.
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Post by incorrigible on Apr 14, 2015 11:25:17 GMT -8
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Post by macwire on Apr 14, 2015 12:17:25 GMT -8
Folks, please be careful with the call options. While all things Apple look rosy, one can never be sure about the market in general of which AAPL is a part. Remember 2008. As one who took a huge haircut personally during that time due to being overly optomistic, I paid the price. Dearly. This bull market is getting a bit long in the tooth and AAPL will drop with everything else if it comes to an end. Be careful out there. This is all naturally just my opinion. All this is true. I don't see the bull market ending yet but you will have plenty of chances to "get out" practice egoless trading. It's the ego guys that overstay their welcome a long long long time. Like zaky. When price tells you you are wrong get out. And figure out what that point is NOW before you become emotional about it.
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