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(is anyone else here bothered by how CNBC is constantly blaming stock declines on "profit taking"? The stocks could be on a downward slide, pop up for a day, and close BELOW its open, yet they'd call it "profit taking". it's like their failsafe excuse for a stock going down w/o actually knowing why)

Ignore BubbleVision (CNBC). It rots the mind.

I am also considering some Jan 2001 80's. They're below $2k each, and should payoff nicely.

LEAPS! I've been thinking about taking some LEAPS too. It seems like a no-brainer for AAPL to be well above 80 by mid-2000. All bets are off in a tech stock bear market, of course.

As blueHerring wrote earlier: "LEAPS? Why not just buy the stock?"

My answer is, leverage.

Disclaimer: I'm no options expert; in fact these would be my first.

BTW, there's no profit taking, or what profit taking there is isn't pulling AAPL down.

-iJoel
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