I feel like a mini-Rip Van Winkle. I woke up and saw the same message I saw a few weeks ago.... "AAPL and TIE". I swear. Get a new drum to beat. Oh, like "JPM still not at 35." <g>
Impressive tech performance here with AMAT down sharply. Barely even budging the SMH,and the NDX outperforming the Naz (new high for the NDX, actually). Be interesting to see if the gap closes today. It being expiry time, anything can happen. in fact, on the SPX 60 min, it's possible to say we had a sharp A down, and are now doing a "c of B". Which, of course, is kinda bullish since it means we'll have one more sharp move down and potentially be done correcting.
(http://stockcharts.com/def/servlet/SC.web?c=spx,uu[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J6471081,Y]&pref=G)
the freep |
