It doesn't always work like this, but many times, when a stock goes up parabolically, it ends in an inverse of the parabolic..
We shall see soon on AAPL if this is the case.
AAPL Parabolic up and parabolic down
Started by
dcengr
, Dec 21 2006 01:19 PM
2 replies to this topic
#1
Posted 21 December 2006 - 01:19 PM
Qui custodiet ipsos custodes?
#2
Posted 21 December 2006 - 01:58 PM
Is it me, or has CNBS been nearly silent about this 10% correction in AAPL. Sounds like complacency to me. I'm eyeing 72-75 as support.
nice trade, dcengr.
Edited by HiFiGuy, 21 December 2006 - 01:59 PM.
"A state of war only serves as an excuse for domestic tyranny." - Aleksandr Solzhenitsyn
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#3
Posted 21 December 2006 - 02:04 PM
Is it me, or has CNBS been nearly silent about this 10% correction in AAPL. Sounds like complacency to me. I'm eyeing 72-75 as support.
nice trade, dcengr.
Thanks.. don't forget, AAPL has their report on option scandal to be released before end of the year. Could be a gap down and drop.
Qui custodiet ipsos custodes?