Eoin's personal portfolio
Apple short opened
Eoin Treacy's view On
Friday, I placed an order to open a short in Apple at $499.50. Following a gap
higher this afternoon this order was triggered at $501.03 for a June contract
including spread-bet dealing costs. The risk is that the acceleration continues
higher before a meaningful consolidation takes place. My speculation is that
the psychological $500 will prove at least a temporary barrier for the share
following an impressive advance to date.