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#1 hiker

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Posted 06 September 2007 - 09:02 AM

50 day sma is about 30 cents below

daily chart and more comments

http://www.traders-t...?...;blogid=26

Edited by hiker, 06 September 2007 - 09:03 AM.


#2 eminimee

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Posted 06 September 2007 - 09:29 AM

Below 132 it could fall apart...a big triangle is also possible here..where this is a C wave down to 120 plus or minus a few bucks.

Has to get back above that quasi neckline for up that's for sure. Ive got vxo hourly on buy...bearish for oex and ES,OEX,SPX almost going sell while daily is still on sell....gap fill at 62ES has a chance today...below there....we could swish/swoosh

http://stockcharts.c...7930&r=5208.png

Edited by Teaparty, 06 September 2007 - 09:31 AM.


#3 SemiBizz

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Posted 06 September 2007 - 10:18 AM

Well, AAPL is a great proxy for understanding what's ahead in the market... and AAPL broke that swing low yesterday on Blowout Volume from 7/26. In fact that is a very good comparison candle that is quite revealing because we had the low of 7/26 break on strong volume without being able to test the high... AAPL is going downtown ... there's a chicken bone in it's throat with a bright red RETEST inscribed on it... that high volume low from 8/16.



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#4 beta

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Posted 06 September 2007 - 10:37 AM

Next downside target 125
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