It's the financials support market yesterday when AAPL down, look at JPM, so far range from 43.11-43.55, 40 cents, it's rare, not many days like this in one year.
i totally agree i been saying this for months on another apple thread. its very hard to trade this market safely but if you trade it small with room i see a lot of down side.
i totally agree i been saying this for months on another apple thread. its very hard to trade this market safely but if you trade it small with room i see a lot of down side.
Bullish or bearish, I don't want to get into that debate, it's completely tedious...but all I can say is that this market is COMPLETELY broken. IMO, it's the predictable outcome of too much intervention and a fear of letting the market find "equilibrium".
It ties into the many other threads about the Fed, the Bernanke vs Greenspan debate, etc, etc...
