A question was asked about AAPL and my analysis about a month ago on another forum. At the time I suggested that a time to consider shorting AAPL would be as price moved to the 1:1 descending diagonal. Continue reading
AAPL as a Cycle Example
May 6th, 2008 2 Comments
Tags: A-B-C Correction · AAPL · Double Bottom · Price Retrace · Square of Range · Square Out
DOW Move Right on Time
May 6th, 2008 No Comments
The DOW bounced at the end of the time cycle. Cycles such as these occur over and over again. The only difficult thing is to have the patience and time to watch them and be in position to act on them. Continue reading
Tags: Dow Jones Industrial Average · Price Retrace · Square of Range
Consolidating Market on Low Volume
May 6th, 2008 3 Comments
Not much happened on Monday. We had a lower volume pullback and everything still looks good to me for another push higher. The Nasdaq is actually slightly oversold and NYSE is neutral. Continue reading
Tags: Advance-Decline · Nasdaq Charts · Price Retrace · SP500 · Volume