yep, I only view this as a short term trade (days). AAPL
still not looking great -- market is pulling AAPL up vs. last June
when AAPL was up off the mat and continued to lead. All this
being said, a 2% bounce in SPX could mean a 5+% bounce in AAPL.
just realize when it does bounce it won't be a straight up move
to happy land with all the short term MA's pointing straight down,
it will have fits and starts and need to form some kind of base etc
before it is ready for a good sustainable move to the upside
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AAPL often has reactions of
I took some starter longs on soxl, aapl. Looking for ...
Posted by kalinm on 16th of Nov 2012 at 11:35 am
AAPL often has reactions of its lower bb which today is at 505.5
yep, I only view this
Posted by kalinm on 16th of Nov 2012 at 12:00 pm
yep, I only view this as a short term trade (days). AAPL still not looking great -- market is pulling AAPL up vs. last June when AAPL was up off the mat and continued to lead. All this being said, a 2% bounce in SPX could mean a 5+% bounce in AAPL.
just realize when it does
Posted by matt on 16th of Nov 2012 at 11:39 am
just realize when it does bounce it won't be a straight up move to happy land with all the short term MA's pointing straight down, it will have fits and starts and need to form some kind of base etc before it is ready for a good sustainable move to the upside