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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: llap who wrote (9920)	1/16/2013 1:23:56 PM
From: Fintas	Read Replies (1) \| Respond to of 41062

The key is to see it BEFORE it happens and EXPECT IT. So yup that bounce is happening but so too will it fail AND THEN it will be very interesting as an OBSERVER to see how apple plays out. It's had a life of it's own but then again I'm old enough to remember 9 to 81and round trip. Things are different but 2.5 is post split to 700 is one heck of a move. So where does the wonder ball end on the retracement. Pick a number from whence to start and if one is correct then the truth will be seen. For me it is simple.Failure to hit a certain number up told me the RS could roll and did roll and as it rolled it also told me give me 504 and I'll see 486. Give me 486 and I'm going to see 448 because the RS not just rolled but continues to go lower and if it's going LOWER that is SELLING. Bounces that do not sustain are NOT enough to turn that RS. Takes quite a move and even then that move would be retested. So here and now it's hit a few milestones down, Rs can go lower and thus use bounces if one trades and shorts but the LEAN is down until it isn't. When I see that RS looked extended DOWN. And that is where it will be interesting for ME as an observer. HOW low will the thugs take it if they get control to do so. Buybacks will mean nada, divi's meant nada. It will depend on where large wants back in again. Right now it continues to leave. Have a good one Fintas