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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (48152)4/2/2013 2:49:57 PM
From: Fintas2 Recommendations  Read Replies (2) of 221591
 
Apple reminds me of the Weekend at Bernie's. It's dead but they keep propping it up to make some believe it's alive and well but..It's DEAD.

One day it will see a sustained rally but not until they give it a transfusion and some JUICE.

Until sub 400 beckons.

And think about this. MS SPX just hit another high, but if one looked very carefully they'd see hmmm who is carrying this load. I can see LOTS that are no where near their highs of 2007. They will be one day but not here and now and that simply says to me when ms market rolls over there are going to be a lot of unhappy campers who paid to high just as they did for apple. I mean ol GS downgrades the APPLE target from the 600's to the 500's. Hey what happened to the 1000 some were pushing? Tis the same ol game for years and years. They will get ya to buy but when they yankem over they don't give you your money back. Wynn at 125 is still well under that 160 ish and when it decided to give a divi. KISS of death for those who buy growth.

So yup good for you with the tight stop.

Fintas
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