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To: Doren who wrote (187485)1/21/2016 11:39:00 AM
From: Moonray3 Recommendations

Recommended By
david1951
oldbeachlvr
SirWalterRalegh

  Respond to of 213182
 
I don't think you can say we hit bottom as long as AAPL remains below the red arrow, below.
However, it is true that it has been oversold for over a month and that is a VERY long time.
I think one can safely (for now) play the bounce and bet the red line WILL be crossed.




To: Doren who wrote (187485)1/22/2016 10:53:17 AM
From: Moonray2 Recommendations

Recommended By
Doren
Stock Puppy

  Respond to of 213182
 
OK, with today's AAPL move up to over $100, we've broken the red arrow downtrend : Message 30418868
So, one can say we've put in a bottom. To my way of thinking "A" bottom, not "THE" bottom.
None the less, one should look for a fast 10% up-move in a bad market.

o~~~ O


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