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Mood!

Tuesday, December 18, 2012

APPLE

AAPL

Daily chart, seems to be setting up POSITIVE divergence (price makes new low, but RSI does not).

Sentiment: seems nobody likes AAPL at 500 !! Yet at 700 EVERYONE wants to BUY.

Some sayings which could be applied to AAPL now.

BUY in the red , SELL in the blue, ie Buy when others are selling and sell when others are buying.

Warren Buffet " Be fearful when others are greedy, Be GREEDY when others are fearful"



3 comments:

  1. aapl pe 11 yld 2%
    goog pe 22.6 yld: zilch

    fundamentals???

    ReplyDelete
    Replies
    1. Technical analysis of Major Markets, F/X, and anything that can be traded

      fundamentals have their place obviously but not necessary.

      Look at the 99/00 tech bubble..

      Delete

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