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Bought some more Apple today at $245. They release earnings later in the month
Look at a chart -- lately it bounces between $240 and $275.
I bought a bunch at $165 that I have a sell on at $285 -- but I also keep buying when down to $240-$245 and immediately put a 60-day Limit sell on for those shares for $20 higher. It has been selling within days from the down spikes. More like week trading than day trading.
Although it is risky to buy on Fridays -- if you're a gambler, you get your best values. AAPL has been hammered hard along with the DOW losing 10% -- but between people camping out for the iPad and iPhone IV -- and they haven't even released in Europe yet -- I think their future is looking good (while the rest of the market might get hammered some more from a projected 2nd recession). I have to imagine they'll go to at least $285 soon.
Today is the very next trading day -- and it's going to open $250, $5 higher than I bought it. I need it to go to $265 and I'll sell and wait for hte nextg drop to $240-$245
Woo Hoo -- closed at $258.67 today. Up $13.67 per share in 2 days.
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These days if there's money on the table, I take it!
No Way! I'll sell these shares at $265 and make $20 a share. Done this a half dozen times so far -- buying when the market craters for $240-$245 a share -- then put a sell order in to sell $20 higher. AAPL is the gift that keeps on giving. I have a couple hundred shares I bought for under $150 that I have a sell order for $285 -- as I think they'll hit that.
Whenever the DOW goes down 400 points, seven of the last nine days like it just did -- time to buy a quality stock that has the market cornered on something.
Pre-opening -- Apple was at $263.66 -- less than a buck and half from my sell order. I have my fingers crossed that it hits $265 today -- which would be $20 a share in three trading days.
Profit $19,980.02
Profit % $19,980.02 / 24509.99 = 8.14% in a few days -- beats a Bank CD
Watch APPL -- This summer is going to be very volatile with stupid news from the Fed working against too much cash needing to be invested and APPL might be something to week trade.
To show you how crazy the market is right now APPL goes from up $4 to down $2 in half day -- for no other reason that the Tech market hitting the squids because of talks about a Double Dip recession.
crazy stock market -- but I'll bet I' still be able to sell at $265 soon. Just need a day or two when crappy news doesn't hit and scare people to sell off. Fridays are almost always bad -- and I suspect this one will be typical..
I missed an opportunity to buy some more the other day for $239. Everyone was panicky over Steve Job's sarcastic interview on all phones will lose reception if you hold them a certain way. Stock drops $15 in two or three days. I put in an order for $240 -- but it was back up to $242 by the time I did -- and closed at $245.
Yesterday they announced a multi-billion profit in their earnings -- and pre-market (opens in an hour) it is sitting at $263. I have some sell orders on at $265 and my longer term holding at $285. If you bout 100 shares at $240 and sell it right now for $263 -- you made $2300 in two days. Sadly -- I missed this one, but I've done this a couple of times.
Look at the 3-month graph. Every time it dropped to $240 or $245 -- it came $20 back up in a week or two. It is a good volatility trade. I have a couple of hundred shares I bought around $140 that I'm holding until $285 -- but I love to buy at $240-$245 on the bad market days -- and sell for $20 more on the good market days. I use to be able to do this years ago on MSFT and INTC -- but Apple, Google, and Amazon are the ones to do it with at the moment.
Sold the Apple I started this thread with for $265 5 minutes after the market opened today.
Look at how volatile it was this month. There were many opportunities to buy and sell at a $20 profit in just this month. I just put another Limited buy Order for $245
Most analysts say it will go to $300 -- and a couple say $400 -- although I don't trust analyst. What I do trust is my eyes. Everyone's buying iPhones and iPads. Everyone who has a iPhone 3 want to buy an iPhone 4. My 20 something kids were in line with their friends at 5:30 Am the day they started selling the iPhone 4 -- and they don't get out of bed before noon it they don't have to. While in line -- they were all handed iPads to play with -- and hook them on. Brilliant!
Apple right now is the Microsoft of 15 years ago and the Google, Amazon, and eBay of five years ago.
Aapl 
Take a look at what they've been doing lately. 
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