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 684.84

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4:00 PM EST

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To: Vendit™ who wrote (45481)	2/6/2013 4:31:55 PM
From: Fintas	Read Replies (2) of 220515

Something to consider re GOOG unlike APPLE it's RS is positive and has apprx 6% left in it. So that suggests it will tire towards the 800-810. IF one wanted to short it and did so here they might be better to take a bite and be prepared to bite again if it went against you i.e 767 OR... wait to see if it pushes towards the 800 and lay in there and then expect 710/652 on the down. Keeping in mind that would just be a healthy pullback for a stock that is STRONG RS. That dip would be a safer trade LONG than an APPLE stock that is searching for it's bottom in both stock price and yup it's RS. Just an observation. No position. Nice chart. Fintas

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