Discussion in 'Professional Trading' started by apple, Dec 6, 2012.
There is a scary crash coming soon, just like 2008.
It's the financials support market yesterday when AAPL down, look at JPM, so far range from 43.11-43.55, 40 cents, it's rare, not many days like this in one year.
i totally agree i been saying this for months on another apple thread. its very hard to trade this market safely but if you trade it small with room i see a lot of down side.
Bullish or bearish, I don't want to get into that debate, it's completely tedious...but all I can say is that this market is COMPLETELY broken. IMO, it's the predictable outcome of too much intervention and a fear of letting the market find "equilibrium".
It ties into the many other threads about the Fed, the Bernanke vs Greenspan debate, etc, etc...
When AAPL goes down, long financials, when financial goes down, long AAPL.
It will turn out well.
My plan for tomorrow, short financial and long AAPL.
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