November 26, 2018 | A Mechanical Solution for Fear and Doubt

I advised subscribers who got long in AAPL Monday to take partial profits on the $4 rally that ensued, since you never know. Although my latest update for the stock raises the possibility the rally is just getting started, we shouldn’t rule out the equally plausible scenario that AAPL is about to get hammered again. DaBoyz have pulled their bids in after-hours trading, causing the stock to give up nearly the entire day’s gain in the space of a few minutes. This feels to me likely a sleazy ploy to shake loose some shares before They run AAPL up again. But we should always book a least some of our gains reflexively no matter what we expect, since buy-and-hold will always be fraught with thrills, chills and spills that are going to play on our fears and doubts.
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Rick Ackerman November 26th, 2018
Posted In: Rick's Picks