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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (112598)5/9/2011 6:51:32 PM
From: 2MAR$  Read Replies (1) | Respond to of 213182
 
Of course we're talking premarket ...and you'll not find a print of $166 for the AGQ or the SLV @ $32.28 either friday am after the huge sell off in the commoditties but will guarantee you many shares were traded there .
Message 27359573

Usually or often you'll find the exhaustion lows of a sell-off in the premarket or often the extreme spike tops and they're golden for either short or longing a stock, but only if you know what your doing & what your trading . Same with the after hours , but you better know your FA too , TA is lost without it .

That the S&P only "warned" of downgrading the US & that it was softened the next day has no bearing at all on how it effected the market that monday morning which sold spiked down big time . You had to be up at 4am Pac time to catch it all...

AAPL stock was already under pressure from the Reballancing the announcement the night before was suffering from a double whammy that morning . The same technicians that are seeing possible upside now were seeing a breakdown back at that time ...but i was seeing support at $320 being hit & made my own decision in the heat of the moment . Why ? Cause i've been here before ;o)



To: Sr K who wrote (112598)5/9/2011 7:21:38 PM
From: 2MAR$  Read Replies (1) | Respond to of 213182
 
Here's that AAPL $320 call the monday before AAPL earnings , when others thought it would break down further
Message 27317947

" AAPL ($324's)..was looking for it to hold this $320/21 pivot today....Very often, just don't get too fancy just look over to previous top back in Nov , draw a straight line & call it "support" ;0).

And here's the AAPL follow on pivots the day before earnings tuesday the next day :
Message 27320065

" AAPL going to dazzel for sure tomorrow on the numbers & pulling this classic "Apple Reversal" ...
think the $345 50ma is doable but that $354 lower top may prove difficult should it run back up there "


Now check your chart for AAPL & where was it stopped ?
Right at $355.13 within---> $1 of my call ....
not bad 1/2 a week's work ??

And where has it pulled back too but within $2
of that $345 where it sits tonight . ;o)

Not bad for 3 days of havoc & fun to relive that period a 35pt reversal to within $1 &
$2 of each other ...tho was wrong a bit on IBM but hell with
it , wasn't trading IBM , a strong monster that .