this chart of AAPL may hold some clues, it hit it's speculative capital mania ENV last week the last time AAPL hit the speculative capital mania ENV was during the 10.19.2009 week we know what happened after that http://www.flickr.com/photos/47091634@N04/45590…
Yep – I watched them as well. Red, look at the downward move that started on 1/19/2010. Pretend today was 1/21/2010. Perhaps we will have similar movement for the next two weeks as we did then. That would probably take us to the 1080 level.
Bears are out getting drunk and throwing bear bottles at the bulls probably…
Such a good day for bears and it's quiet everywhere, what's going on?
Good reasons for a bounce tomorrow:
http://cobrasmarketview.blogspot.com/2010/04/04…
this chart of AAPL may hold some clues, it hit it's speculative capital mania ENV last week
the last time AAPL hit the speculative capital mania ENV was during the 10.19.2009 week
we know what happened after that
http://www.flickr.com/photos/47091634@N04/45590…
I really have a feeling that we are going to the lower target of 1060-1080 area, and not just 1175.
Maybe? I just hope we get a bounce tomorrow, so I can get back in.
oh the operators make me laugh
yesterday they closed the S&P @ 1,212
today QQQQ -2.12%
yep the boiling pt. is getting near……..
Pi : Sun Ritual (666/Pi = 212)
Yep – I watched them as well. Red, look at the downward move that started on 1/19/2010. Pretend today was 1/21/2010. Perhaps we will have similar movement for the next two weeks as we did then. That would probably take us to the 1080 level.
Monica,
My standard pitch: People who want to trade the 3x ETF's should trade them carefully, as the price on them changes constantly 🙂
thanks