If I wasn’t Whole Hogging ONT
I might be just a tad piggish on Apple right now.
Click the image to enlarge
Let’s imagine that I was not such a foolish investor who would Whole Hog an AMEX stock that specializes in manipulating zeroes and ones:
and say buy AAPL at $174.81 - to hold through (and reconsider on) the day prior to earnings - or to be ruthless stopped out at the red line of course!
Note: I can’t actually buy AAPL at these prices for a decent swing position, I’m up to my sow’s ears in ONT.
12-7-07 UPDATE: Nice crash through green today, which commences the challenging part for me. I put in a trailing stop at $180. I still see a lot of upside to this one, up until earnings. (yeah, I know - this ones purely a paper trade)
UPDATE 12-26-07: Moving the trailing stop up to $188 now that Apple has broken through $200.
-- Filed November 27, 2007 at 9:33 pm
