Wake Up Early And Short Aapl As It Will Fall Below 75!!!

Quote from lescor:

The question should be, who is making investing/trading decisions based on what CNBC talking heads are saying...

As always.... right on the money, les'.
 
I think this is the stroke AAPL and NASDAQ both needed.

Can't wait til long dumb institution money gets to work Weds.

The feast begins.

By the way, that was a perfect retrace, filling the gap, on the aapl chart. i really thought support would have been higher for the latest leg up. I guess there is something to technicals (in hindsight).
 
Quote from lescor:

The question should be, who is making investing/trading decisions based on what CNBC talking heads are saying...

Grandmas with etrade account? :D

I kid I kid....

"Buy on rumor sell on news"?
 
Quote from traderyin:

Grandmas with etrade account? :D

I kid I kid....

"Buy on rumor sell on news"?

The real news in this case being earnings?

if you sold on earnings the last 2 times in apple, this doesn't hold true. If we hit 100-110+ before earnings, I'm taking some profits just in case.
 
Quote from scriabinop23:

I think this is the stroke AAPL and NASDAQ both needed.

Can't wait til long dumb institution money gets to work Weds.

The feast begins.

By the way, that was a perfect retrace, filling the gap, on the aapl chart. i really thought support would have been higher for the latest leg up. I guess there is something to technicals (in hindsight).


Here is a daily chart which shows the gap fill back in October with fib lines. Next is a short term chart. I expect a pullback to $80.00 then liftoff. Holding comfortably from $60.00 and unless they take Jobs out in handcuffs (I doubt he is that dumb), then there is some real upside here. Happy new year!!
 

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