Saturday, May 19, 2012 4:09:28 PM
Earnings season winds down this next week then comes beginnings of company updates & the minefield of warnings season up ahead. We haven't seen the full big down days yet just orderly pb's for now with selctive dipping occuring . Everyone is expecting that one day where we see the "big snap back" eying the 200ma .
This review is pretty good ,makes points of the pullbacks so far are pretty standard for the bigger momos CMG PCLN AAPL to the weekly rising 20ma's which was what i knew would happen off those highs , but keeping an eye on GS here losing more ground . He makes the good point that in very oversold areas this is where there can even be even more selling occurring (and most crashes happen) so play defensive in&out.
Don't follow this guy Chesswine, pretty good just listened to it today
http://ibankcoin.com/chessnwine/2012/05/19/weekly-stock-market-recap-051912/
AAPL CMG look about the same all down to the rising 20's
This review is pretty good ,makes points of the pullbacks so far are pretty standard for the bigger momos CMG PCLN AAPL to the weekly rising 20ma's which was what i knew would happen off those highs , but keeping an eye on GS here losing more ground . He makes the good point that in very oversold areas this is where there can even be even more selling occurring (and most crashes happen) so play defensive in&out.
Don't follow this guy Chesswine, pretty good just listened to it today
http://ibankcoin.com/chessnwine/2012/05/19/weekly-stock-market-recap-051912/
AAPL CMG look about the same all down to the rising 20's
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
