This is just a quick post update on my earlier blog about how to manage your apple stock. If anyone has been doing what I told them they would be in the perfect position right now.
In the past few months the apple stock slowly dropped to 150 and has now shot back to 178. given you wait until the stock climbs past 160 to make sure it’s not just a fluctuation you still have a nice increase. Of course now the stock is dropping, so I suggest selling around 164. At least that’s what I plan on. It’s always a good idea to keep an eye on mac rumor sites though, to watch out for things that might boost the stock right when you plan on selling. Things to look out for including “sales report” and “a new report on apple’s market share…“. These are always positive and will boost the stocks. I mean come’on. there was a fire in the apple building and the stock still rose. Just stick to the 10 Point Rule, selling when it dips more than 10 and buying when it jumps more than 10. And don’t forget to sell after the Macworld and the WDDC. Good luck trading.
