Kingsley Anderson

Can You See Apple Under $60?

The amount of short set-ups that just triggered in the market is unbelievable. AAPL was showing an inverted cup formation (without handle) that kept popping up on my screens. As for the above analysis, in this environment that AAPL can see 58. If AAPL bounces, again, it might be at a point to go short again.

Apple's Greatest Idea Yet

Apple looks like it has more downside left in it. Not to say that apple will one gain back some of its stock value, but the days of it being a market leader are likely over. When the new bull market starts, and it will (just don't ask me when), it is extremely unlikely that Apple will be leading the charge.

Exploiting the Downside of the Markets

Spot on. As per Bill O'Neil, the best shorts are the high-fliers of the previous bull market, i.e. the four horseman. While they might be the last to fall, it is inevitable. I think it might be too late in the game to open positions now, but it certainly is no time to go long.