View Single Post
      06-01-2012, 03:43 PM   #952
Private First Class
Vanity's Avatar

Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

iTrader: (0)

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.
Attached Images