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


To: Kurthend who wrote (132041)4/25/2012 6:25:13 AM
From: Road Walker  Read Replies (5) | Respond to of 213177
 
I pity the poor Apple shorts. Not:)

Trading $613+ pre market but probably won't hold that for the open. I imagine it's shorts facing reality this morning, and momo players jumping back in pool.

In defense of fundamentals. Did any of the TA folks predict a rebound today? Did the tea leaves show this was going to happen? TA really works in some portions of a stocks cycle, but I don't think it works all the time. And fundamental analysis often doesn't work over the short term, but if accurate always pays off over the long term.