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AAPL Intraday Updates (Archive)
Posted: 28 January 2009 04:32 PM [ Ignore ] [ # 121 ]
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cramar - 28 January 2009 04:08 PM
kiwitrader - 28 January 2009 03:47 PM

FWIW, RIMM is trading at nearly a 3-month high today. Could mean major buying will continue or perhaps they are on the brink of a short run? Thoughts?

RIMM is at the sell point of bull move on 90-min AND daily, while AAPL is only there on 90-min. Daily for AAPL says ways to go yet.  On weekly, RIMM is ahead of AAPL, but in the middle of a multi-month move. AAPL is better buy.

Thanks for the feedback. I took out a short position on RIMM just before the close. Wish me luck! I don’t expect to stay in it for very long. Proceeds will go into an aapl long position. smile

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