Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Vendit™ who wrote (44750)	1/28/2013 10:26:55 AM
From: Fintas	Read Replies (1) of 221973

If you are saying APPLE just put in a near term bottom and can bounce, that is possible. IF you are saying APPLE HAS BOTTOMED and can not go lower. I'll disagree. WHY? It takes time for a stock to put in a bottom. Whether it be a GE trying to do so at 9, but didn't do so until 5.78 or a BAC trying to do so at 6 but didn't do so until 4.80 ish. both or them bounce significantly and BOTH of them came down to go LOWER. Apple might have been able to defy the norm in the past but that was then and now is now. My work says APPLE can go lower. So we shall see how this plays out. But for those who catch the bounce. KUDO'S.. On an aside watch NFLX it is very close to ROLLING. 2-5% IMHO Fintas

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