289 3
Just trying to figure out where this is going, looks like $325.

I do not recommend shorting AAPL though. Doesn't really move down enough, high risk little reward, plus you're fighting the market since AAPL is a big component of SPX , NDX< and DJI.

PE is still under 27, it's not unreasonable for this stock to be at 30 P/E, so there's a possibility for $350 easily. Heck, NFLX P/E is over 100.

Jan 14
Trade closed manually: I had calls yesterday and flipped them on open today. Wasn't sure where this was going, and now I'm glad I flipped early.

Not gonna short it though.

Market will have a hard time climbing without AAPL.
What are your opinions on the short term outlook?
@owie961, it goes up if the market goes up. Trying to determine what the heck the market is trying to do today
owie961 hungry_hippo
@hungry_hippo, Looks like AAPL is taking a breather today. I think I'm going to hold off on a new position until it comes down a little more.
I just started trading again. Thanks for the posts. They are helpful.
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