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Friday 20 September 2013

Buy Apple- lost

Buy Apple around 470 or 475 (higher risk) for end of day expiration
Result: lost
Apple closed @ 467.41, went up in the beginning but dropped later & should be oversold
Analysts are concerned that Apple might not release sales figures on Monday that might indicate low iPhone sales

Look to buy Apple on Monday if iPhone sales are strong
Look to sell Apple if sales figures are weak or not released



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