AAPL finally getting the action it deserves?
so close to $75. so close.
posted by beanie11111 | 10:01 AM
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- Name: beanie11111
- Location: USA
The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
- VLO is a buy again right here!
- Do you believe Time Travelling exists?
- SMSI looks like a short-term short to me.
- AKAM still looking really good.
- Invest in MA!
- Don't Let Your Grandma Buy These: GIGM & EMED
- myspace.com, the deal of the century! NWS!
- I bought a bunch of AKAM today.
- CYDS is a buy buy buy!!!!
- Do i need to tell you? Buy AAPL!!!!!!!!!!
4 Comments:
hey beanie..VLO broke the $49 support.do you still think the stock would bounce back to high 50s?
also,as far as aapl..doesn't mkt look overextended short term to you? thanks
Everybody is attacking the oils almost everyday, Cramer included.
I would stay out of VLO for now until it goes back above 50.
Market is overextended on technicals but doesnt mean it won't go higher. I own alot of AKAM but watching it carefully to see how everyone will react to the fed decision due at 2:15 pm.
I already stated that this is a very important week for the markets as we are near major highs and major resistance areas. If we like what the fed has to say, we may plow thru all the resistances and move to new highs.
AAPL breaking above 75 is significant, especially if the stock closes above it. This should set the stage for the attack of 86. Own it if you don't have it already, but be ready to sell if it can't hold 75.
The bears are not doing anything yet until after the fed meeting.
Just wait this rally out, if you didn't buy already. 1:00pm will show you the true direction.
If you jump the gun at this point and buy, you could get seriously hurt if the selloff occurs after the fed.
I like the action so far. Seems to be holding very well. But the nasdaq is already up 33 pts. Even if the markets like Ben's views, the most we can get is probably another 10 points to the upside ==> +43 points . Most chart technicans do not think this rally will go on any longer. (They could be waiting to short the market later today.) But they could be proven wrong and we get a super short covering rally this week. Sometimes when we are about to break strong resistance, everything looks overbought. So we'll wait and see.
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