tag:blogger.com,1999:blog-2335748440449035592.post6601084034690012667..comments2007-11-25T14:40:57.856-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-55803664476400343882007-11-25T14:40:00.000-05:002007-11-25T14:40:00.000-05:00Well if the market weakens from here there is a good chance of Dow 12K or so (from 12,800). So you might get all your specials ;). What I always try to do is layer in and out. This way in case the stock runs on you, you at least some skin in the game - I do this in the fund and in my personal account. So when AAPL dropped to $168 I bought, bought another batch at $160, but then it broke its support so I did not buy in $150s. Once it got back above $160 it was a good signal to buy again. What I like about Apple was until about the 2nd week of the correction it did not budge, meaning it takes pretty serious corrections simply to show any weakness. I like stocks that (in my opinion) will only be weak due to the market and not their own issues. So by holding out you are simply making a call on the direction of the market, not the individual issue - which is a much harder guessing game - gaming the market direction is always much harder than individual names.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-88271967246979122132007-11-25T09:41:00.000-05:002007-11-25T09:41:00.000-05:00I too think AAPL is a freight train, althought I am less confident in the overall market. I'd love to see this stock sub 150 for a long position. But then again I always wait for blue light specials before I buy, and it may never get therepikhttp://www.blogger.com/profile/07232392792291613838noreply@blogger.com