Thursday, October 25, 2012

Apple Inc. (AAPL) trading plan


Apple Inc.  (AAPL) trading plan ;
1) Overbought condition was clear ...
2) Buy the rumor, sell the news ...
3) Buy the dip is on most people's mind right now ...
4) Buy on the dip with a "deep oversold condition" is what I'll focus on ...
5) Let the bad news sink in, allow a few bashers to show up on CNBC and other networks, then start to load up on this blue chip.
6) Patience .... it could take over a month to start to build a position...

1 comment:

alternative investments said...

From what I have read, it was soft iPad sales that caused a recent drop in Apples' stock. However,"soft" is defined as 15 million units sold in Q3! AAPL will definitely be a great buy, but best to average in gradually instead of all at one go.