Seeking Alpha
  • Bret Kenwell
    Man, everyone keeps calling for the coming reversal in $AAPL, STOP trying to catch the falling knife. WAIT for the up-move, THEN buy.
    11/16/12
    Reply (9)
    • Brian58: watch it close green
      11/16/12
    • Bret Kenwell: Just sayin'. I don't even mean for today..for weeks. How many people have been "calling the reversal" since the 600s? I'd rather wait for
      11/16/12
    • turtledividend: It's starting to smell like Corona, California around here.
      11/16/12
    • Bret Kenwell: a few days of strong price action, coupled with BIG volume to confirm and then be a buyer. Enough room to the upside to catch a fair ride.
      11/16/12
    • Tolafsson: yes ok fine, but what if you are already down, as I imagien many people are, do you sell or cling on and pray?
      11/16/12
    • turtledividend: its your money fellow alpha, make the decision yourself.
      11/16/12
    • Bret Kenwell: You could add. I mean it depends on what your cost basis is. If it's $250 & you have a double, you could take some off the table. You could
      11/16/12
    • Bret Kenwell: use options to protect/enhance gains. It all depends really.
      11/16/12
    • eabyrd: I figured AAPL would break $500 just to flush people out. I'm sure there are many stops set there.
      11/16/12