AAPL is a very solid company. Almost every single line of its products is solid. I believe long term investors will benefit from holding onto their positions.
On the contrary, as a short term speculator, I closed my AAPL position today. Check out My Portfolio . Why did I do that? One of my rules is that I get out when a stock hits its target. There are no buts, ifs, this and that. No thinking is allowed once a trade is opened. Thinking is done before I place a trade.
My target for aapl was actually pretty low (8-10%) and stop loss was 3%. It had a pretty good risk-reward ratio (1:3) with high probability. The low target was due to the sheer size of appl, which takes a tremendous amount of money to move it.
I have no open positions as of now. I am closely watching a few stocks for possible short entries. Pay attention to FSLR, POT, MOS, X, GS and SHLD
15 consecutive profitable months is hard to believe,right? Check out "My Portfolio".
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