For tech giant,I prefer to own google honestly. To buy apple now , is a 50 - 50 games for me now for investment . The reward is quite symmetry either going up or down. I rather stay away don't lose single cents of my capital.
If people  ask me whether apple for investment for current price, I would answer I simply dunno.

Took profit for AAPL calls at open when it is around 450. AAPL resistance is at 452 for level 1, 458 at level 2.
Looks like AAPL is recovering.. 446 support.  445 stop for longs, 444 short mark.

Apple iWatch? 

Why the thread was locked?

http://forum.lowyat.net/index.php?act=ST&f...&#entry58585666

I wrote “In this thread, I will share my trade ideas, my charts, notes, and some viewpoints that I read.”
And that's exactly what I intend to do.

Why I can't?

AAPL took another hammer tonight... downtrend price still intact. Low now around $420'ish
Once it gets to $400, that means the entire last year earnings are gone.

On weeklies chart, it looks like price target is going to be sub $400 soon with support around $365-$380.

So, I'll would continue to play the PUTs game for AAPL here for every pop. 

After last Q, AAPL added another 20bln.. so, now got 137 bln. More cash than Bank Negara here. 

...something to do with galaxy s4 launching?..
Not really. I think the funds are liquidating AAPL because of performance. They just don't see AAPL got
the catalyst to grow at this time. Money coming out from AAPL going to GOOG and AMZN.
The cheap one will get cheaper.

Time to take a look at FB! Yes. This naughty boy: FB.
I think it is setting up for a big move. 

I'm seeing a lot of upside calls for April and May, more than puts.
Option market usually is a tell tale sign where traders are betting.

Also, chart tell me it is consolidating here.  Low 26, high 28.  If break above 28.80, it can run.
I'm buying dips.

$SPX finally broke all time high..  Bernanke won! 

Waahh. market all time high.. dunno what to say. Everything on fire and on auto pilot. 

As for AAPL trade.. looks like this 3 days pull back here to the 20ma looks interesting is around 50%
retracement from 470. Funny how all these algorithms are pulling it together. 

Havoc,

Hopefully, you made money last week.

Tonight, NFLX floor finally cracked and riped for shorts!  Going in all PUTs in the next leg. 

Gold approaching that 1520 support line soon   

It better holds. If not gold bugs will really hurt

It is dangerously close. The index GLD already fell below 150 intraday briefly.
China is dumping commodities.... putting lotsa pressure on miners incl.precious metals.