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:
Covered ZLC @ 5.04, short from 5.63 and 5.57 (+10%)
OL DAWG
Short NAK @ 18.65
OL DAWG
Short more NAK @ 18.90
OD
Covered NAK @ 18.61 from average price 19.09 (+3%)
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.
i shorted zlc after it went up on the earnings beat. sold GNI @ 100.12 , long from 93.50 OL DAWG
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