Originally Posted by Rique
well there saying apple stock usually drops when they drop a new product so well see
iPad 3 releases tomorrow, I'm holding my puts still. Deutsche Bank removed AAPL from its short term buy list this morning which was one of the catalysts that made it sell off.
The $600 target was the huge psychological level though. People were going to sell there, hit $600.01 and sold off
But volume was showing a pull back yesterday, plus it was at major resistance. I think it still has downside into the $550's. But if I'm wrong I have plenty of profit here to still walk away with a gain.