On July 20th, I cautioned that Apple need new Blockbuster product every two or three years to maintain the growth rate. It is very unlikely. In long term I am not too keen on Apply. However, in short term, if the stock trades below 365, the stock should be bought for a trade.
I have been bullish on Intel over 2 years. The stock is approaching $25. I will either sell a covered call @25 or sell the stock.
The market is full of hope about Europe. I will be skeptical about it. If ECB can do what FED is doing (printing 2 trillion), all the problem will be gone in short term. But Germany is not going to allow this to happen and I applaud its decision.
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