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

To: Peace who wrote (50506)	5/20/2013 7:06:05 PM
From: Fintas	Respond to of 220490

APPLE..she loves some, she loves some others more. So let's see who she's in love with now. She's still in a pattern of RSI 0's.Downside is STILL 20% if she can NOT reverse. What's it take to reverse? 20% up at minimum. What's it take to be really convincing. Well first that 486 has to go and then that 500 with a I'm a believer at 540. Obviously offering a NICE % for those coming in at the 400 IF it can go that high. BUT if it only runs to the 456, fails at the 486 I wouldn't be ruling out a retest of 385 and hmm what's 20% from where it is today. For those who think the technical damage is done with apple, I'd look harder. For those who think the FA is back on track I'd say only if one lives in a bubble. Competition didn't matter in 2004. That was then and now is now. IMHO Enjoy any bounce but as a long who tends to anticipate a turn in an RSI although I'm with those who like to catch it early. Here and now as an INVESTOR not a trader I'd be waiting a bit longer. Now for the nimble trader that's another story. So hmm 20% seems to be a constant re APPLE. 20% up to turn it's RS and 20% down risk. Just killing some time as I wait for some numbers to be updated. Fintas