Tuesday, January 18, 2011

AAPL and C

The market is getting pressured by Steve Jobs and Citigroup's miss.  These are just more pieces of the wall of worry.  Bears can't get excited about a 1.5 point gap down after hitting a 52 week high on a Friday over a 3 day weekend.  Expecting more rallying in the coming weeks, but the pace should definitely slow down.
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6 comments:

  1. Anonymous1/18/2011 10:09:00 AM

    Covered ZLC @ 5.04, short from 5.63 and 5.57 (+10%)

    OL DAWG

    ReplyDelete
  2. Anonymous1/18/2011 10:26:00 AM

    Short NAK @ 18.65

    OL DAWG

    ReplyDelete
  3. Anonymous1/18/2011 10:36:00 AM

    Short more NAK @ 18.90

    OD

    ReplyDelete
  4. Anonymous1/18/2011 12:27:00 PM

    Covered NAK @ 18.61 from average price 19.09 (+3%)

    ReplyDelete
  5. Market Owl1/18/2011 01:31:00 PM

    Pretty impressed that you stuck with ZLC through the short squeeze on the earnings beat. NAK looks like a blow off top today, but still kind of dangerous for my tastes.

    ReplyDelete
  6. Anonymous1/18/2011 02:47:00 PM

    i shorted zlc after it went up on the earnings beat. sold GNI @ 100.12 , long from 93.50 OL DAWG

    ReplyDelete