What happens when you combine the world class analytical talent behind BoomBustBlog with bleeding edge tech behind Veritaseum's UltraCoin? Here's the answer...
On August 20th, 2014 I posted: Apple's Price Hits All-Time High On New Product Speculation, Take Your Positions Via UltraCoin [4], to wit:
Bloomberg reports: Apple Soars to Record Amid Optimism About Coming ProductsApple Soars to Record Amid Optimism About Coming Products [5]
Apple Inc. [6]’s stock soared to an all-time high, surpassing a 2012 record as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth.
Apple rose 1.4 percent to $100.53 yesterday, topping the split-adjusted record of $100.30 reached on Sept. 19, 2012, just before the iPhone 5 went on sale. The shares, which have advanced 25 percent this year, extended their gains today before the markets opened, trading as high as $100.98.
Here's my take on Apple back on that fateful iPhone 5 release date.
Here's my opinion at the iPhone 6 release date (go to the 15:16 marker)...
Now, back to Apple's Price Hits All-Time High On New Product Speculation, Take Your Positions Via UltraCoin [4]...
This is what a bear (contrarian) trade on Apple looks like in UltraCoin...
To illustrate the flexibility of the UltraCoin trading system, I've presented a scenario where you can actually swap Apple returns for Google returns in lieu of simply going long Apple or short Apple.
You can also swap Apple returns for USD, EUR, GBP, or RMB - which is essentially shorting it in various currencies. If you are bullish on Apple, simple click the "switch" button, which will reverse the exposures.
Did it work? Well...
You know what to do next...
Download the UltraCoin client here [7]. Anyone who wants to try the system out with small trades of .01BTC can simple create them and email me to take the other side of the trade [8] (I'll take the opposite side of any trade).