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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (198286)	6/12/2012 10:16:31 AM
From: robert b furman	Read Replies (1) \| Respond to of 209892

Good morning Henry, You have taught me to keep one eye on AAPL. Today it is backtesting the breakout reversal you have noted this week. screencast.com Backtesting breakouts are very nervous times. I would note in this options expiration week many moves get capped by Wall Street's own selfinterests.Subtle clues are often given: ADX and Macd are giving a "Keep the faith" is in order so far- gulp. We really need a break out here so we can get on with a nice summer impulse - that's my hope any how.LOL Bob