so whats the consensus after todays close (6/5)...seems like a big move in either direction is starting to brew now...nice volume trade below 560 we'll see the week low (548) down to 530 tested...above 570 (wk high & Open), then trade up to 580 and a test of a breakout above into 590...inside range days, big wicks, and tighter pivot ranges, a nice breakout is forming...time to roll the dice and add on the breakout
Only Apple
- Thread starter short4bread
- Start date
It looks bullish, could form a top around 610 though. Then a bigger C wave down? Not sure at this point.
Target 1250 was not hit yet.
Target 1250 was not hit yet.
Some think Europe has bottomed because of the Greek "Slap Heard 'Round The World",
http://www.youtube.com/watch?v=gJmAsybnc6s
and because Spain finally sent out an S.O.S. for their banks.
If "they" are right, the Euro could start rising again, then the $$ will fall back, and our stocks should keep going up.
I like that theory....
But then again, Mr. Market has rarely cared about what I like!
rockefehler,
Here's a new article written just for you!
http://www.marketwatch.com/Story/story/print?guid=502D3B16-1A93-4E18-A744-C4272BB28649
Liking AAPL's short term Uptrend since hitting the low of 522.18.
Also happy to see its crossing of the 50 MA today.
But it needs to hurry up a bit for my 620/615 Spread!
Still, my losses are getting smaller as it rises....
Here's a new article written just for you!
http://www.marketwatch.com/Story/story/print?guid=502D3B16-1A93-4E18-A744-C4272BB28649
Liking AAPL's short term Uptrend since hitting the low of 522.18.
Also happy to see its crossing of the 50 MA today.
But it needs to hurry up a bit for my 620/615 Spread!
Still, my losses are getting smaller as it rises....
I agree with that article; looking at the weekly chart, if it tops between 610 and 620, it may drop sharply to say 460, forming the C wave of a larger A-B-C.
Long-term analysis: the Dow will trade till the end of 2013 in the range 11500-15000.
Long-term analysis: the Dow will trade till the end of 2013 in the range 11500-15000.
Hope you guys are wrong about that 460 bit!
Anyway, AAPL has been very calm lately (forming a Launch Pad?), and the Greek Election is this weekend.
So I'm looking for Good News from Athens, and a nice Pop! early next week in AAPL.
Unless it goes to 625 in 3 days (Ha!), I won't be holding this Spread past June 20th (30 days till Expiration), when the Rapid Time Decay begins.
Hopefully, I can Exit at that time with just a Small Loss.
We'll see.
Original Apple 1 Computer Sells for $374,500 in Auction!!
http://blogs.wsj.com/digits/2012/06...mputer-sells-for-374500-in-auction/tab/print/
http://blogs.wsj.com/digits/2012/06...mputer-sells-for-374500-in-auction/tab/print/
I surely hope it for you Mr. Cactiman! But, as you know, the market knows no mercy 
It looks quite bullish for now; SPX may top around 1380-1390. So far it looks corrective though, and that means there will follow more downward action, settig a new bottom. We'll see.
It looks quite bullish for now; SPX may top around 1380-1390. So far it looks corrective though, and that means there will follow more downward action, settig a new bottom. We'll see.