Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Apple: $300 Or Less, Not $1,000 Or More; entered at 2012-04-03 13:04:53|
Registered: 2009-11-01 North Carolina
I have to agree, but it's impossible to time. Even Google had a blow off top in 2007. It wasn't as steep, but I saw the same symptoms. It was going up very quickly with virtually no news to support the rise. I sold at 709 and it peaked just a few days later. I haven't played it since and the price hasn't been back up there since. Maybe that was foreshadowing a market drop because that did coincide with the near S&P high. |
Puts are way to expensive for me to be interested in, so I'm just going to eat popcorn and watch.