Wednesday, October 15, 2008

Long AAPL

I'm going long AAPL. Its really taken a beating since September and after sucessfully re-testing the lows of its up-gap, it look like a pretty nice set-up for the next month or so. I have my stops set below the lows three days ago. My target is somewhere around the 150 range as it starts to pull back to its 200-day moving average.