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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Vendit™ who wrote (2753)12/21/2004 1:31:39 AM
From: Walkingshadow   of 8752
 
I upped the ante when I saw the absurd selloff today, picked up more shares just above the intraday low. Reversal occurred almost exactly on chart support, with a huge surge of supportive volume, and that's all the signal I needed.

If it goes down further, I'll buy more. They are trying to push it down intentionally, that seems obvious to me. The way they walked down the bid after the opening gap up.... that requires quite a bit of inventory for a stock with AAPL's volume, so obviously the stakes are very high here.

I figure if they are gonna try that hard to muscle the stock down for the benefit of their big customers, I might as well benefit also.

T
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