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It's gotten to the point now where they pretty much have to PROVE they can do it. And if they get pissed off enough with all this negative talk, I'm not sure I'd want to bet against them. :eek:

A Bullish article about FB: http://www.marketwatch.com/Story/story/print?guid=5FEBB5EC-2E4F-484E-AAFA-77F5E59F1D42 :cool:

Many thanks.... Wait a minute, let me wipe Cramer's spittle off my face! There, that's better.... Anyway, I love analyzing charts! So this was indeed right down my alley. Still worried a bit about AAPL making 620 by July, but it's been really trying hard lately. We'll see what happens...

Thanks for your time and thoughts. I hope you're right about the Bull Market/Momentum Stocks part - my being Long in AAPL, CMG, ISRG, MNST, LNKD, ROST, DLTR, etc. But I hope you're wrong about the Southern Europe Disaster part! Ugh.... Will keep watching FB. Not in a rush to jump in...

Swan Noir, Is there a price where you would go Long in FB?

FB's Price is Down, down, down - yes. BUT, Volume is falling, falling (not rising) - which is less Bearish. A soft landing at 30 perhaps, which some consider a fairer price? :)

Some interesting AAPL Fundamental News: http://www.marketwatch.com/Story/story/print?guid=C2C19E0A-A360-11E1-827E-002128049AD6

Almost got there earlier. Difficult 50 MA Blue Line Test still to come at 590.... :cool:

I think this is called an Upside Reversal.... :)

I'm just a Retail Trader, and don't understand everything Atticus is talking about, but I know the FB gang didn't get in the position they're in by being stupid. They cashed in nicely on Friday with a high opening price, and are down today, but it's no out of control crash. I'm sure they...

This is interesting.... "He thinks Facebook’s IPO generated selling pressure as fund managers took profits in Apple, needing to rotate money into FB. 'But now, that selling pressure is over', he says, making the path of least resistance, higher."

Still, lots of Supply/Resistance Overhead, so there's more work to be done. Speaking of animals, watch out for Dead Cats! We want more than a 1 day Bounce. Was last Friday the Best Buying Opportunity of the Year? Time will tell.... :cool:

You're making me drool..... :p

URGENT! Message To All AAPL Bears: KEEP COVERING THOSE SHORTS!!!!!!!!!! :p

Music to my ears.... Don't stop, My Guru, keep talking! :D

You called it. :cool:

I need 620+ by July 20th for one of my Spreads. That one still has me worried a bit.... Where are my antacids? :D

No more Underwriters Underneath this morning.... :eek:

Interesting Chart! :D

I like that kind of talk. Off to a good start! Still a long ways to go.... :cool: