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Still working on the math for that Spread.... PCLN hasn't had an ideal 45 degree angle 3 year Uptrend, that's for sure. A streak up, then a 9 month Channel, then another rally and another 9 months sideways. One could argue the 550 Resistance area from last Summer should now act as Support...

P.S. Do you really have a 100 pt. Spread, or is that a typo?

On April 9th PCLN hit a High of 774.96. Now we're at 675.39 (-12.85%). Pick a word: "Dip" "Pullback" "Retracement" "Correction" But 450? The only word I have for that is: "Collapse"!! Still watching.... We'll see what happens in the 650-625 area. That could hold as support...

All good points, and some of those concerns have certainly been factored into this pullback. But it's had other price drops during the last 3 years when times were rough, and the uptrend continued. The 30% of the population in America and Europe who can still afford to Travel will also...

I'm gonna watch it for a possible Long Trade. If 70 holds as Support (like it did last August), FOSL could be good for a 40+ pt. move upwards - back to 110+ before it hits Resistance at 120-130. :cool:

Looks like a Buying Opportunity to me. The news isn't really bad, and there's still plenty of Earnings there. PCLN has had lots of these dips before and the Uptrend is still in place. BUY The Pullback! GO LONG!! SAN FRANCISCO (MarketWatch) -- Priceline.com Inc. PCLN -5.26% saw its...

I'm still Long, thankfully. Might add to position next week. :D CHICAGO (MarketWatch) -- Shares of Monster Beverage were rising fast Thursday, tacking on more than 10% the morning after the energy drink firm posted sharp spikes in profit and revenue that sailed past Wall Street...

1350 Support still solid. :cool:

The 576-596 Trade should work fine When (If?) AAPL resumes its uptrend, and goes back up to the 600's. Hopefully (because I'm Long!) the 549.00-down?? Trade won't happen... Of course if AAPL decides to go sideways for a while, in the 576-555 range, you could get whipsawed. But there's no way...

There are still Buyers in the 1340-1350 zone. Another "Hammer" Candle was formed today. Support is holding so far.

555.00 is still Holding as the Low of the Channel, and the Volume is still Below Average (compared to March/April) - both Positives. Now we need a Catalyst to get AAPL going up above the 50 MA again, and then on to New Highs....

Nice "Hammer" Candle at 1350- today - as you predicted. Passed the first Support Test. We'll see what happens tomorrow. :cool:

A Sea of Red on my Screen today! But, 555.00 still holding as the Higher Low in the AAPL Uptrend, and as the bottom of its current channel. Will add to my AAPL Long Positions soon, if it continues to hold. :cool:

This looks OK too. See higher lows since the pullback to 1357.38. Making a higher high above 1415.32 for a new uptrend might prove a bit more difficult.

So I guess the world hasn't come to an end because the French and Greeks voted in some Socialists. Starting to see some Green on my Screen. Could 561.23 be the bottom of AAPL's Bull Flag? Are we off to the races again? :)

Think I'll avoid that one too, like the plague! :p

Of course I don't want anyone to die from it, and I'm amazed it's even legal! The most bizarre thing was the spike it made the other day when it was rumored KO was going to buy them out. Was lucky enough to be watching at the time, so I closed my position for some extra profit, and then...

I tried my first can the other day, which I got on discount from the 99 Cent Store. The greenish liquid, foam and "laughing gas" it's pressurized with, actually tasted pretty good. BUT... a couple of hours later I felt like my head was going to explode and I'd have a heart attack any minute...

Steady money maker, good times or bad? :cool:

Steady money maker, good times or bad? :cool: