Wednesday, September 5, 2007

Apple will sell tons of phones... and other stuff

Appleʻs been hyped up due to this event and lost $8+ including afterhours. see why Apple makes so made traders big $? Itʻs now primed to be bought again...

Having seen Appleʻs new Nano, i must say itʻs kinda ugly. i would have to see it in person. The iPodClassic and Touch are cool, if not expected. The biggest news...iPhone 8GB is now $399!!! can u imagine whatʻs going on in the minds of those who bought their iPhone for $500 - $600? Had Apple originally sold it @ $400 it wouldv sold a million the 1st day. It makes me wonder what their original margins were.

AAPL PLAN: seriously look at this Q earnings (2wks prior) for some hype. then play a straddle. definitely a play late Nov into Dec then again at MacWorld. Iʻve come to learn there are many opportunites in volitile AAPL. today wudv been a nice time to buy. but if i had free $. iʻd wait another day and get in late Friday...

RIMM: iʻm a little worried about my JanCalls here. the iPhone could really cause problems. Hereʻs hopin that RIMM continues a runup. iʻd sell the position prior to report and reposition a wide straddle

SNCR: Theyʻre loving the new iPhone price for sure (so is AT&T)
VMW: back to earth

PALM: ends logically red (no change in Jan10puts)
DELL: see above (gaining back my loses in Jan22.5puts)
CFC/LEN/DHI: what do u think... i wish i held... iʻll never let it down

A day that couldʻve been a disaster where iʻd sell in a panic in the past wouldʻve haunted me had i done so. it still could...

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