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Be Beary Weary about Apple.

Scouting shows that earnings at Apple might drop the most since 2001.  There’s a lot of volume with downward motion today... and it is my opinion that it will continue its decline. Short Position added: AAPL 400*246.13= -98,452 Mistake closed : XNET bought 1000 @ 5.86 = $5,860 XNET SOLD 1000 @ 4.85 = $4,850 Loss = $ 1,010 *lesson * don’t buy at the top, this was a possible pump and dump..at least we got out quick.

Added position to BABA

Looks like a bargain to me , BABA has floored this morning in pre-morning trading in the 169’s. Waited until 170 to confirm trend reversal and added 600 shares @ 170 prior to market open.  Later morning news from Vertical Group confirms agreement in trend direction . Recommend holding until at least 180, which seems to be an important resistance point at this time.