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Post by theMIST on Apr 11, 2012 11:03:41 GMT -5
AAPL investors not liking the lawsuit
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Post by jack on Apr 11, 2012 11:07:06 GMT -5
AAPL investors not liking the lawsuit +3 bucks or 1/2% is hardly a blip in the AAPL universe though.... |
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Post by natsalilfly on Apr 11, 2012 11:10:16 GMT -5
Anti trust lawsuits against Microsoft triggered the first tech crash.
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Post by jack on Apr 11, 2012 11:18:08 GMT -5
Anti trust lawsuits against Microsoft triggered the first tech crash. AAPL is green now - unbelieveable!!! |
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Post by theMIST on Apr 11, 2012 11:19:14 GMT -5
good sign for bulls -- 1370 reclaimed for now
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Post by huh? on Apr 11, 2012 11:24:41 GMT -5
good sign for bulls -- 1370 reclaimed for now I'm seeing backtest of a broken neckline of a small H&S pattern (1 min. chart). Should backtest or fail around 1371. Target ~1366 if backtest successful; back to 1373/1374 area if backtest fails. |
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Post by herceg1967 on Apr 11, 2012 11:27:14 GMT -5
Anti trust lawsuits against Microsoft triggered the first tech crash. AAPL is green now - unbelieveable!!! Barely..............On a day like this normally we would see AAPL up at least up +6....................mkt. is getting tired and sleepy........some earnings may pop it, but will look to short any pops..........JMO |
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Post by theMIST on Apr 11, 2012 11:28:53 GMT -5
market is done and headed much lower in short term -- IMO
S&P still in descending channel
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Post by jack on Apr 11, 2012 11:31:34 GMT -5
market is done and headed much lower -- IMO 15-20% correction from SPX 1420 "the fix is in!" |
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Post by huh? on Apr 11, 2012 11:34:37 GMT -5
market is done and headed much lower -- IMO 15-20% correction from SPX 1420 "the fix is in!" If we do continue down, I think it will be more about time frames then %'s...if MM's want & expect QE3, then the market will pullback until they get it. And that can't happen until oil pulls back. A lot. JMHO |
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Post by walnut on Apr 11, 2012 11:36:16 GMT -5
I am pretty comfortable at this level, if will just hold till my weeklies expire
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Post by huh? on Apr 11, 2012 11:42:56 GMT -5
good sign for bulls -- 1370 reclaimed for now I'm seeing backtest of a broken neckline of a small H&S pattern (1 min. chart). Should backtest or fail around 1371. Target ~1366 if backtest successful; back to 1373/1374 area if backtest fails. Backtesting right here...  If successful (meaning we continue down) I don't think the 1366 target is a buy point. That is because a H&S pattern forming right on the 23.6 FIB retrace is NOT bullish. However a move over 1375 should put 1382 in play. |
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Post by huh? on Apr 11, 2012 11:48:47 GMT -5
Banker Bots vs. Bernanke Bots LOL |
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Post by huh? on Apr 11, 2012 11:57:43 GMT -5
Banker Bots vs. Bernanke Bots LOL And it looks like that 10 minute round goes to: Bernanke Bots! Although I doubt it was a fair fight to start with - different weight classes and all. 1371 is now the must hold for bulls IMO. BBL. BOL everyone! |
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Post by jack on Apr 11, 2012 12:37:32 GMT -5
Banker Bots vs. Bernanke Bots LOL And it looks like that 10 minute round goes to: Bernanke Bots! Although I doubt it was a fair fight to start with - different weight classes and all. 1371 is now the must hold for bulls IMO. BBL. BOL everyone! Re: "And it looks like that 10 minute round goes to: Bernanke Bots!" That's funny as hell!!! Exalt!!!  |
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Post by natsalilfly on Apr 11, 2012 13:15:09 GMT -5
I feel a fade coming on. Really, it's not a big case for bullish if today has just been a backtest of the SPY 50 and an inside day on IWM. The XLF candle, however, is floating nicely above its 50
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Post by jack on Apr 11, 2012 13:18:30 GMT -5
I feel a fade coming on. Really, it's not a big case for bullish if today has just been a backtest of the SPY 50 and an inside day on IWM. The XLF candle, however, is floating nicely above its 50 You "feel a fade coming on" Natalie; I on the other hand having just filled my belly and after 2pm here feel a nap coming on.... Zzzzzzzzzzzzzzz zzzzzzzzzzzzzzzz.....(I'm in training to become a bear.)  |
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Post by theMIST on Apr 11, 2012 13:31:52 GMT -5
TVIX looks like it wants to make another run at hod
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Post by theMIST on Apr 11, 2012 14:00:24 GMT -5
That's it for me today guys. Check in with you later
GL Trading
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Post by jack on Apr 11, 2012 14:28:10 GMT -5
SPY dancing around its 50 on the 10min
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