I think Apple won’t stop until it hits 600 (in regular trading hours, as it did yesterday in the pre-market), and then I think the market can rollover. I don’t know if it’s going to hit 1425 spx or not, as if Apple can’t support it… it’s going to fall short and make the bears chase it down. Maybe 1415-1420 spx? Just guessing there…
my forex kid should hook up with your site red. Friggin bugger strapped into the Euro/USD right at the bottom and is printing money as fast as Barnhawke.
Looking at the weekly chart on Apple makes you really believe that “Pigs Fly”, and this one strapped on a rocket and launched straight up! Looks more like a new IPO then a multi-decade old company. They must be including “free crack” with every Ipad sold to make that many sells.
Yahoo Weekly chart:
http://niftychartsandpatterns.blogspot.in/2012/03/yahoo-weekly-channel.html
I think Apple won’t stop until it hits 600 (in regular trading hours, as it did yesterday in the pre-market), and then I think the market can rollover. I don’t know if it’s going to hit 1425 spx or not, as if Apple can’t support it… it’s going to fall short and make the bears chase it down. Maybe 1415-1420 spx? Just guessing there…
What after that do ya think, once its attained?
New FP on the SPY at 11:42 am (est) showing 140.8339 and there is still one from 9:51 am showing 140.9138
Wow… that’s pretty fast! I think Bernanke works 24hrs a day printing money.
my forex kid should hook up with your site red. Friggin bugger strapped into the Euro/USD right at the bottom and is printing money as fast as Barnhawke.
Did you get my email? You should revisit an old stomping ground.
Looking at the weekly chart on Apple makes you really believe that “Pigs Fly”, and this one strapped on a rocket and launched straight up! Looks more like a new IPO then a multi-decade old company. They must be including “free crack” with every Ipad sold to make that many sells.
EURUSD Daily chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/03/eurusd-daily-chart-analysis.html
Silver chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/03/silver-chart-analysis_16.html