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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (89455)	4/24/2012 10:10:47 PM
From: 2MAR$	Read Replies (1) \| Respond to of 218556

Every day seems like at the day races and the opera but AAPL had already demolished shorts since last Jan so wasn't immune to latest slowdown fears , was more of an orderly pullback that still payed well for those who took the opportunity to short while stocks had run up so incredibly far . Its all the fund managers can do when having large amounts of shrs to not want to take those profits into mania /strength & buy back lower ,especially after a double . Even today some pro traders still taking advantage of that fear seeing almost all stocks reporting taking large haircuts shorted AAPL again for another 10pts but later mid day it stood still flashing for a an entire minute @ "$555" which was a good trade i took that yielded 9pts and later after hours led up to 60pt gain . Think the move tomorrow will still be tempered with the highs already in place & people still a little shy having seen how it pulled back before (plus Cook did one of their famous "low ball " estimates for next qtr ). AAPL was shortable for almost 10pts after hours from the high , so will be a short again tomorrow too (at some point ), sales in China tripled and for now they're still getting the carriers to pay them top dollar for their phones which was one concern , iphone still the top seller bringing in the contracts and look at the VZ & T charts which are up to top highs here . Notice how the 20ma acted as overhead resistance in this chart ? This moving average acted as a resitance for many similar highly bid up stocks like CMG & PCLN too , so the short was @ $620 now we'll see where they're will to take it but not up past former highs , would think that $607/$615/20 caps the move ?

To: Haim R. Branisteanu who wrote (89455)	4/24/2012 10:23:19 PM
From: 2MAR$	Read Replies (1) \| Respond to of 218556

Many AAPL sympathy plays will be seeing pops tomorrow like QCOM TXN BRCM SWKS TQNT CRUS NUAN ... *BIDU was not so lucky reporting tonight, was trading heavy all day getting crushed down to $121 from $136 close for just coming in & guiding lite and one trade off $121's saw a bounce to 126 then sold all the way back down again landing on $121 . (ouch for BIDU longs) Here's where the classic double top came into play BIDU has yet to ever break up past that $155 top its sold down from every try so far ... will be another bounce here too , market had just taken the losers out to the woodshed. Expect 121 to hold or $119 , will just have to see .