charts/tape reading

The market doesn't care what I or anyone else says.
The market is the final authority of profits or losses.
That's why it's smart to listen closely to what the market has to say.

One way to look at is ignore noise (news) and focus on charts as the resistance/support/hammer/volume is how the market is saying what it wants to say.

Wednesday, March 14, 2012

The heart-ache with AAPL continues!!

40% YTD gain. Unbelievable!! The amazing run continues....waiting for pullback!

AAPL seems to be single-handedly keeping the markets alive. The hype on iPad/etc is continuing. It's like tulip mania.
Posted by at 6:07 AM

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