Random Stock Market Thoughts

Tuesday, March 28, 2006

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Potential Trade

Here is an idea for a trade. Apple computer, 30th anniversary. Hey why not lets just come out with something cool to actually make our stock go up for the first time in two months. So here is the plan buy the stock, hope they announce something really cool on or around April 1st and then flip the stock and make a profit. At least that is my theory on the subject. Let us hope it works out. The downside to this is the fact that this stock is under some serious pressure and has absolutely no momentum right now. A few others might need to get this idea for it to give you a comfort level heading into later this week, otherwise its essentially a crap shoot that AAPL will come out with a product better than Ipod speakers or some other ridiculously worthless product.

The market should be interesting tomorrow, I think the market may find some support, but we shall see. I would not be a buyer tomorrow though.

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