11/0/2008 - Classic Wedge

Discussion in 'Trading' started by Compulsive, Nov 7, 2008.

  1. S2007S

    S2007S


    AAPL going back to $85.
     
    #11     Nov 7, 2008
  2. yep another stock winner, mkt rips higher, AAPL closes lower. You will never make a penny (assuming at some point in your pathetic life you actually get a job). Maybe you should spend more time in class, picking stocks doesn't seem to be your strong suit.
     
    #12     Nov 7, 2008
  3. I seem to think so too. Who knows if this rally will hold well, or not, but both wednesday and thursday afternoon saw big, sloppy buying of the index futes right before the close, for no real reason (except maybe the large players were getting poised to bounce this market) and they did it in the presence of some really bad news.

    The "sell the (obama) news" drop was propped back up into the close by the same, big, sloppy buyers. Interesting, just plain intersting action at the close over the last 3 days.
     
    #13     Nov 7, 2008
  4. Yup the wedge worked


    the stock_trad3r buy all dips method works again
     
    #14     Nov 7, 2008