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      06-01-2012, 02:43 PM   #952
Vanity
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Quote:
Originally Posted by r0wr View Post
Looks like AAPL was a rising wedge instead of an ascending triangle.

Vanity, do you not wanna buy this dip? I sort of do..
Buy at your own risks. There is a possibility if we close above 1290 (lol) on the SPX that this will be a ST bottom where the bulls might rally a bit (nothing extreme). But I'm favouring this being an out-right crash, and definitely worst than last July/August. Tbh, the 25-30 handle down we're seeing today on the tape is not even in panic territory yet. Remember last year? 60-80 handles everyday.

And I'm updating my chart from last week.
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