AAPL hit 265 earlier today, so I was up a decent profit (+500), not looking to sell. I still thought of these shares as my long position.
But with the market slipping in the past hour (DJ -89, Nasdaq -28, S&P -11), especially the past 15 minutes, I got out of AAPL at 259.75, just above break even. Better than a loss. Next time, I'm taking the 500 bucks. Not even AAPL can withstand the pullbacks in an otherwise flat market.
All cash now, though FAZ looked really good for about 15 minutes.
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