Tuesday, November 13, 2007

Let The Market Decide

Iʻm the dude that makes the brokerages alot of $$$. Anyway, this will be my last post til the market opens tomorrow. The green signs were posted, but will soon be removed. The talk from everyone is...Catastrophy.

My favorite Tech: aapl, had a bunch of news coming out today... :
-China mobile deal
-First day iPhone UK sales top 8000 (notice they didnʻt mention weekend tho)
-Greater market share in Japan spiking up to 53%
-Rumor of Flash-based SubNotebook come MacWorld
.....The result? a heft 16% gain.... likely 10% was already part of the rally... not sure if it was timed that way for stock purposes or just plain coincidence

Just something to think about. All the statements from GS..."no problem, donʻt worry" well beyond this week. You bet iʻm worried (if iʻm a bull).

My technicals stand regarding those above their 50d EMA. See previous post. The previous support for the bulls the past few months now serves as RESISTANCE!, so buyers beware. Tho there is for sure a small bull window upon us. Weʻll see how the rest of the world does...if they follow then itʻs a short-rally... if not... get your lists of "put" and shorts together.

Time to go to my real job... *sigh* 16.5 hours

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