Eoin's personal portfolio
Comment of the Day

February 13 2012

Commentary by Eoin Treacy

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.

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