Joe Scheffer: Sounds pretty self-explanatory.
--Joe Somebody
Apple (AAPL) has now filled the gap below $580. Volume has been picking up on the way down. The stock is nearly on top of its 50 day MA.
The stock is now off about 10% from its all time high earlier this month. If AAPL is to be the market tell as theorized, then we should expect broader indexes to follow soon.
position in SPX
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
1 comment:
Keep an eye on VXAPL, the CBOE Apple VIX....now around 50, from ~19 in early Feb
Post a Comment