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Online Share Trading

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Apple and 2012 stocks rally...

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DEP
Super Contributor
... well I have always maintain - this rally has been lead by US tech - so watch Apple shares - when they sell off this rally will be over! Maybe not today (yet).
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9 REPLIES 9
Rams
Super Contributor
why worry about the selloff, worry about the sell-off when the sell-off happens.
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DEP
Super Contributor
not worried - might capitalise on it.
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sponono
Super Contributor
....buy the R/$ sell the TOPI.......lol
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sponono
Super Contributor
must admit though that most stocks look topish to me .the % price differences between the recent price and the 200 day SMA are very high. a difference of more than 30% is usually way too high
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DEP
Super Contributor
hahaha... funny that strategy has earn me the best month return in the past 10yrs... funny!!!
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Rams
Super Contributor
hey DEP, what questions did you ask Simon at the Cape Town talk?
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DEP
Super Contributor
Have gone yet... its on the 27/28 march
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Big_Bucks
Super Contributor
I must admit I tend to agree with you...bought some puts on the Top40 for what I predict will be a bit of a pullback or profit taking next week. the US had a good run last week and as you rightly say largely Apple driven but is it sustainable? definitely think some investors will take some off the table come next week.
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DEP
Super Contributor
Apple up in pre market trade ahead of announcement concerning cash... will the share go up further or will it sell on facts?
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