It seems to me, the AAPL sellers won't wait untill the figures areout in April:
Of course, the Nasdaq100 is highly correlated to AAPL and it seems to be close to at least a big correction:
Showing posts with label AAPL. Show all posts
Showing posts with label AAPL. Show all posts
Friday, March 30, 2012
Tuesday, October 20, 2009
How a real bottom may look like
After Google, Apple has delivered an excellent quarter, - hardly a surprise for those who plays with i-phones. Hopefully this news will squeeze some shorts and push Nasdaq Composite over 2200.
Now, I'd like to look at some long term charts. Do you know a lot of stock market indexes which have exceeded during this rally the levels of the summer '08. It's quite simple, an airline index which has sold off hardly during the last year oil run to over $140 a barrel, so the last summer they were already in ashes.
And if we look at the long time charts? Does this look like a long term bottom is in?
Now, I'd like to look at some long term charts. Do you know a lot of stock market indexes which have exceeded during this rally the levels of the summer '08. It's quite simple, an airline index which has sold off hardly during the last year oil run to over $140 a barrel, so the last summer they were already in ashes.
And if we look at the long time charts? Does this look like a long term bottom is in?
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