Tuesday, April 18, 2006

Apple Computer Inc (AAPL)

It was nice to see the markets rally today. I don't think anyone expected this, with the "high oil prices" and everything. Of course, "high oil prices" does not mean anything; it's just an excuse created by the media because they want attention.

With the fed hinting that rising rates may be close to an end, I think we may get a good rally. I don't know whether this rally will be sustainable, but I play short term trends. Going into the close, I bought Apple Computer Inc (AAPL) May 65 Calls @ 4.10. I have no idea what AAPL's earnings will be; I might sell before the close tomorrow cause I have a horrible record at guessing earnings.



Apple is over done.

10:46 AM  

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