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Re: highline post# 675

Friday, 04/27/2012 12:11:58 AM

Friday, April 27, 2012 12:11:58 AM

Post# of 935
Hey Highline. Glad to see you're back. I'm not good deciphering quarterly reports, but the reaction today was negative. Not sure where this will land- guesses are all over the place. It's had decent support here in the past so maybe it's up from here. It's on its 9th consecutive red week which is a record (at least back to Jan 2009 so it's about due for a run. Conceivably, if it finishes strong tomorrow, it'll form a hammer candle on the weekly. Then, if it opens higher on Monday it might be setting up for a good run again.

However, I'm just not sure with the global turmoil, etc. The major indices are having a nice run right now, but due pretty much to AAPL. I keep expecting to see an implosion like last year.

I GETS IT NOW