Stocks Will Continue to Erode In This Busted Economy [View article]
Nice to see you're paying attention, Andy. I just wanted to point out that it appears is too late for the aapl short trend: we have seen dozens of articles advising shorting aapl in the last two weeks, which meant that that directional trend would likeley see a reverse based on the popularization of the strategy. Today we the the opposite trend being rechristened by the usual suspects: biz.yahoo.com/ap/08112... It looks to me like aaple is going to settlle at a higher price range, around 90, until January. Unless ofcourse this is not the end of the beginning.
Stocks Will Continue to Erode In This Busted Economy [View article]
I just wanted to point out that it appears is too late for the aapl short trend: we have seen dozens of articles advising shorting aapl in the last two weeks, which meant that that directional trend would likeley see a reverse based on the popularization of the strategy.
Today we the the opposite trend being rechristened by the usual suspects:
biz.yahoo.com/ap/08112...
It looks to me like aaple is going to settlle at a higher price range, around 90, until January. Unless ofcourse this is not the end of the beginning.