News Focus
News Focus
Followers 95
Posts 7030
Boards Moderated 0
Alias Born 03/19/2001

Re: westpacific post# 353484

Thursday, 02/03/2005 3:49:48 AM

Thursday, February 03, 2005 3:49:48 AM

Post# of 704049
AAPL simply a short squeeze selling top.

They need to find a way to cash out, only idiots buy at this level.

SO they squeeze the shorts, force the covering and UNLOAD. (ah what a game for those on the street) Great story, but they will take profits and reload again later.

Should retest its gap at $74s this month. IMO may even fill its gap around $58.

---An old trader taught me, whenever a stock gets too far from its weekly 200 day MA it makes the most killer short. AAPL has a 200 day at $40 and we are at $80. THIS STOCK IS WAY OVERBOUGHT! P E R I O D - I do not care how much you love your gadget called an IPOD.






Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today