Tuesday, January 09, 2007

Apple is having an amazing day up over $7 on over 110 million shares traded. Reminds me of the last time AAPL moved up big on huge volume, January 10 2006. Steve Jobs spoke at MacWorld and gave a rosy outlook on Apples future and AAPL was off to the races up from $76 to $81 and later peaking at $86.40 on January 12. AAPL was in the 50s by June. I think a short position over the next few days and holding it till the summer will be very rewarding.

No comments: