i'm dan fitzpatrick at stockmarketmentor.comon tuesday, september 18th. apple ( $aapl apple inc ), i've talked about this in this venue, thefree chart of the day, from time to time, actually quite a bit i think;we're finally above $700.00. it tested it here,
aapl market value, it got almost there, like$697.00, then yesterday, didn't quite get it $699.00,20 cents less, but it did clear it after hours andfinally, for the first time,
it closed above $700.00. what does that mean? well that means thestock is now in the $700.00's as opposed tothe $600.00's; it's only slightly more overbought thanit was before, but this is really thechart that you need to look at, we've got more acceleration in the uptrend, we're kind of at thismode, now it's kind of like up along there,so you can see the acceleration is
in fact steepening, but these bands are just now starting toexpand. so this can go a while, the stock is cheap, the company is cheap, buying a share ofapple ( $aapl apple inc ) for $700.00 is a good value. the reason i'm sayingthat is because you know that money managersaren't going to be dumping this stock when he gets up to $710.00 because it's tooexpensive. it's been right to own apple ( $aapl apple inc ), andfrankly as a money manager, if you
haven't owned apple ( $aapl apple inc ) it's very unlikely that you haveoutperformed this year, you're probably struggling. there's going to be, in my view, a push tocontinue to own apple ( $aapl apple inc ), to ratchet up your holdings, and earnings take place,pardon the frog here in my throat, it's not really afrog, but earnings take place, i forget theexact date, it's like 28 days from today, i just know that,
so they're in mid october, this has room to run, this is the chart that we're looking at right here, that'sthe one that matters to me. so i would still be buyingapple ( $aapl apple inc ) at this level. now that leads me to something else,over at option market mentor, we actually have four different tradesgoing on apple ( $aapl apple inc ) right now,and they're all profitable. we got the $700.00calls, we've also got a bull put spread, a credit spread, we'vegot a bull call debit spread,
we've also got another bullput spread, so we are making money over their and here's all you need todo; you can't enroll for option market mentor today, that doesn't start until tomorrow, butyou can get on the email list if you just go over to option market mentorthis is what you'll see, but on the right side of the page you can just sign up for the email list, oryou can wait until tomorrow and just visit and sign up. here's what it is, it's $7.77
for a month, if you don't like it after a month we'll give you your $7.77back, so we're not asking for a lot of money just to check out the service; i'm making this is the easy as i can foryou without the credit card companies coming down on us. the way thatsystem is now, because theyhave changed some rules, we can't give you a free trial, we just can't, we have to chargeyou something,
i'm charging you $7.77 and i'll give it back to you if youdon't like it; so get over there please, get on the email list. if you're notinterested in options at all then certainly shut me off here, don't listento it, but if you are interested in options or even wondering if you mightbe interested in options; if you like these videos, the freechart of the day videos, if you like the stock market mentor videos, if you're amember then give this a try. it cost you likeone commission at scott trade and i will give you that commission back if youdon't like it. okay, this is me
beating that dead horse one too manytimes. i'll see you here next time and i'll see you over at option market mentor.
