Monday, October 18, 2010

Covered AAPL ,bought VMW @ $78.05..EOM

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9 comments:

  1. MichaelOctober 18, 2010 at 1:47 PM

    Hello Saleem,

    Did you sell VMW? Why it was down so much when it beats top and bottom and guides higher?

    Michael

    ReplyDelete
  2. Stocks100October 18, 2010 at 1:50 PM

    Hi Michael,

    Yes...I sold VMW....

    Reaction to ER does not make any sense....

    Saleem

    ReplyDelete
  3. AnonymousOctober 18, 2010 at 1:55 PM

    Hi Saleem,

    Bought VMW @ 72.50. AAPL took it down.

    ReplyDelete
  4. MichaelOctober 18, 2010 at 1:57 PM

    Saleem,

    You were right about AAPL. I wonder why you changed in the last minute?

    Michael

    ReplyDelete
  5. Stocks100October 18, 2010 at 2:01 PM

    Hi Michael,

    I almost broke even on my short when it dipped in red.....felt analyst will pump AAPL to keep it above $310....so not much benefit to tie up capital....

    Saleem

    ReplyDelete
  6. MichaelOctober 18, 2010 at 2:09 PM

    Saleem,

    Your analysis on AAPL were excellent and correct. Thanks for your note otherwise I did not sell at $315.8.

    Will you buy AAPL at this level or you will wait until it settles down? Thanks.


    Michael

    ReplyDelete
  7. Stocks100October 18, 2010 at 2:15 PM

    Hi Michael,

    Based on price action today..i would be looking @ BIDU..AAPL may need a rest to base a little.

    Saleem

    ReplyDelete
  8. madmaxOctober 18, 2010 at 3:34 PM

    Saleem
    wow what a take down on APPLE

    IMHO we go up

    wait and see
    IBM is a good bet as is some Citi
    good luck to all

    ReplyDelete
  9. Stocks100October 18, 2010 at 4:00 PM

    Hi Madmax,

    AAPL will be fine after base building.

    Banks are mixed bag....

    Tuesday will be bad for market....

    Saleem

    ReplyDelete