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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (41916)12/16/2012 9:54:31 PM
From: GROUND ZERO™  Respond to of 223337
 
Yes, thanks, I saw that... definitely should support it tomorrow...

GZ



To: TFF who wrote (41916)12/17/2012 6:02:14 AM
From: GROUND ZERO™  Respond to of 223337
 
AAPL is down 10 points this morning... at least right now it is... I'm sure with AAPL things can change very quickly...

Higher tax rates on capital gains and dividends are part of the automatic tax increases that will go into effect next year, so anyone who has owned AAPL for a very long time will likely want to dump it before the new year and before it goes lower... this is likely to put more downside pressure on it, and very possibly the entire market, at least until after Christmas... so, we're maybe looking at another week of selling, just sayin'...

And, of course, if I'm wrong and these market rally from here, then forget about what I just said... LOL!!!

GZ