the 4 horsemen of the Naz are really leading this rally...Goog, Aapl, Amzn, and Rimm. Obviously, all 4 are extended,,,and have been...but other than a small pullback, I don't see Goog, Aapl, or Amzn really coming in before their earnings announcements. Goog = 10/18, Aapl = 10/22, Amzn = late next week i believe. Rimm just released. This translates into the Naz not coming in much before also. Strange logic, I know. Next week also expo. I do expect them to come in after # announcements and expo, and a mkt pullback.
4 horsemen of Naz
Started by
tommyt
, Oct 08 2007 10:35 PM
2 replies to this topic
#1
Posted 08 October 2007 - 10:35 PM
#2
Posted 09 October 2007 - 10:02 AM
well, Rimm is the first one to show weakness, and its the one of the 4 horsemen that has released earnings...others mixed.
#3
Posted 09 October 2007 - 11:04 AM
AAPL - may be topping here for some consolidation. Do not be surprised if it hits 150/155 in the next few days.
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A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!