Google sick, Apple weak. Rimm about to spring a leak.
Started by
ogm
, Aug 27 2008 09:53 AM
3 replies to this topic
#1
ogm
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- Traders-Talk User
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Posted 27 August 2008 - 09:53 AM
Today's market action is inspiring some poetry
#2
hiker
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- TT Member*
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- 12,118 posts
independent trader
Posted 27 August 2008 - 09:58 AM
3 of the top 10 NDX holdings are red..AAPL is barely red
Symbol Last Trade Change Related Info
AAPL 10:57AM ET 173.34 Down 0.30 Down 0.17% Chart, Message, Profile, more...
CMCSA 10:58AM ET 21.28 Up 0.19 Up 0.90% Chart, Message, Profile, more...
CSCO 10:57AM ET 24.41 Up 0.30 Up 1.24% Chart, Message, Profile, more...
GILD 10:57AM ET 53.63 Down 0.26 Down 0.48% Chart, Message, Profile, more...
GOOG 10:58AM ET 468.96 Down 5.20 Down 1.10% Chart, Message, Profile, more...
INTC 10:58AM ET 23.30 Up 0.15 Up 0.65% Chart, Message, Profile, more...
MSFT 10:57AM ET 27.38 Up 0.11 Up 0.40% Chart, Message, Profile, more...
ORCL 10:57AM ET 22.45 Up 0.30 Up 1.35% Chart, Message, Profile, more...
QCOM 10:58AM ET 53.91 Up 0.57 Up 1.07% Chart, Message, Profile, more...
RIMM 10:57AM ET 128.22 Up 1.04 Up 0.82% Chart, Message, Profile, more...
#3
atlasshrugged
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Posted 27 August 2008 - 10:01 AM
how is rimm and apple weak???they are ABOVE all moving averages and all moving averages are heading north
#4
ogm
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Posted 27 August 2008 - 10:06 AM
how is rimm and apple weak???they are ABOVE all moving averages and all moving averages are heading north
Shouldn't AAPL be green ? Yes, its above the averages on daily, but its weak on 60 min. Can't break above the moving averages. I think the result will be a breakdown on daily's. Just a gut feel and some TA. Same with RIMM.
GOOG breaking down below trendline as we speak, btw. Nice action.
