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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • AAPL Flirting With Break Out? 0 comments
    Apr 29, 2013 2:21 PM | about stocks: AAPL

    AAPL broke under its long term trend line support in recent months, but it has also formed a falling (bullish) wedge. It appears to be flirting with a break out.

    (click to enlarge)

    AAPL has pushed higher since I took this screen-grab, and is fairly comfortably above the trend line resistance as I write this.

    Disclosure: I am long AAPL.

    Stocks: AAPL
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