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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.310.0%Dec 26 4:00 PM EST

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To: Vendit™ who wrote (44470)1/24/2013 10:41:29 AM
From: Fintas  Read Replies (1) of 220776
 
I love FA. But shhhhh those who are purists re TA don't give a hoot about FA. However, I'm no purist. I consider FA and also understand one bad event can kick the crap out of a TA pattern or FA.

Now saying that, my view re APPLE considers much more that what can be seen re TA, or FA.

As for the selling being overdone. Well if one is objective it was 10% or less. NO biggee. What is the biggee is that those equities that experience those type of hits tend to go LOWER.

NOW for those who understand REG SHO and the timelines. I'd start counting.

When all is said and done, every stock has it's season. Apple has finally hit a wall and now it will be learned how long it takes for this season to pass. Again it takes LONGER to recover from this TA damage then many longs would want to accept. Thus the Be Careful.

Fintas
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