why todays apple action changes nothing
9:26 pm September 10, 2013//
All we learned from todays action was that the stock was not ready to breakout. Lots of speculative players and “emotional” trading really just means that we need to see a second day of price action to determine if the initial bearish reaction is going to stick for more than just a day. Most importantly we need to see a break from this pattern. President Obama’s address on Syria combined with China Mobile meeting tonight should keep the volatility train rolling into tomorrows session.
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