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


To: GROUND ZERO™ who wrote (44543)1/24/2013 3:51:44 PM
From: Fintas  Respond to of 222986
 
I'll run numbers on Apple later this eve or early tomorrow to get a micro look of the damage done in that RS. With the spxew and Spx up that will show a significant drop in numbers. Even so that could then lead to a decent bounce that would give an appearance of a turn yet allow for Apple to go deeper in the hole.
The nasd will show a different view. Probably the more realistic for what one is seeing is a true relationship of a stock in decline that has a heavy weighting and thus affecting the naz and qqq.

Looking at a number and understanding a number are TWO different things.

Many see them but few understand them. So it is with APPLE and it's RS as compared to nasd/spxew/spx.

Fintas