Entries by Peter Brandt

I’ve never liked the taste of Humble Pie!

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AKA, when I short AAPL pie, I need to prepare to eat HMBL pie A number of readers have asked me to recap my recent trades in Apple Computer. Of course, I was a busy little beaver posting the details of my shorting campaign – mainly motivated by all the hate messages I received from […]

Thank God I’m a trader, not an analyst!

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Thank God I’m a trader, not an analyst! There is a huge difference between being a trader and being a market analyst. Analysts are paid by being right. On this basis alone I am not smart enough to be an analyst. Traders are paid by managing risk. These two skill sets are a world apart. […]

The Apple has fallen (AAPL Part 6): 04.18.2011

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The Apple has fallen…look out below! The decline by Apple today has completed a major reversal head and shoulders pattern. In the process I have now sold the final 1/3 (another 100 shares per $100,000 of capital) of my short campaign. A close above today’s high at 328.14 and especially above the Apr. 13 high […]

Apple Computer, Part 5: 04.15.2011

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Is a weak Friday close a sign of weak earnings? Next week is earnings week for AAPL. The weak close expected today could be a “tell.” The H&S continues to form. I am short two layers of AAPL, waiting to place the final layer at the completion of the top. The rally on Wednesday sets […]

Appless Computer – Part 4: 04.12.2011

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Apple is declining into support. The poisonous wrath from the Apple Computer “fruit and nut club” continue to come my way. Here are just a couple of excerpts from the “fan” mail I have received because I suggested that AAPL might be topping out. “This is nonsense. Never heard of a double head. This is […]

Fraudulent forex…another view: 04.11.2011

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Will the fraud ever end? The fraudulent side of forex trading was revealed in recent weeks in just some of the following blogs and articles: Inside the Currency Broiler Rooms, Joshua Brown, The Reformed Broker, April 9. Pitfalls of the Currency Casino, Andrew Bary, Barron’s, April 9. Foreign currency trading is easy – an easy […]

AAPL Part 3, It’s All About Risk: 04.11.2011

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It has nothing to do with Apple as a company! This is my third blog posting about Apple Computer in the past week. The first post suggested strongly a possible top in AAPL. The second post detailed a three-part shorting strategy for AAPL. I executed the first two parts of that shorting strategy last week. […]