Well, like what i said in a previous post, the buyers are lining up for QUALITY STOCKS... and the combination of hype regarding new MacBooks at lower price points bodes well for Apple's stock. It shows that the company is prepared to deal with the bad times in the near future if not at present. But wow... dont you wish you bought AAPL when it was 82+ just a few days ago?
I am looking closer at my puts. I am unsure if the Market has actually touched bottom. AAPL lives in its own space at times related to the general market or even the rest of tech (everything else can go green and AAPL goes red, today was the opposite). It still has a growth story. Any other stocks out there that have similar potential as AAPL are hard to find. So, fill me in if you hear of them. Anyway, i await their earnings Oct 21. At that time i will decide what to do.
Friday, October 10, 2008
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