smtrader

S&P 500 and Apple Playing Out Bearish Patterns

It takes 2 differ opinions to create a market. One doesn't have to agree with others' opinions, but one shouldn't criticize those views that are different than oneself. I trade based on technical analysis, and I do share the view Zach has expressed in his post on AAPL & the market. Are we correct on our view? Maybe, maybe not. The market will ultimately let us know. One thing I know for sure is that I don't know which direction the market will take...up, down or side way. All I can do is identify certain signs and monitor them to get a clue on which direction the market has decided to take, then trade accordingly. I'm in the market to make money, not to be correctly call the market.