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Rachael Robiner's Discussions
Action Friday - did anyone notice...?
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Started this discussion. Last reply by Stocks To Buy Apr 26, 2009.
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Whats up Rach.....I guess our weakness in tech theory last week turned out to be wrong..... Apple is rumored to be looking at Twitter for 700 million.
Stocks To Buy replied to Rachael Robiner's discussion 'Action Friday - did anyone notice...?'
If the retest fails you will have the ultimate panic and capitulation....it would be ugly! I do believe the some of the top tech stocks have bottomed....if you look at the QQQQ, it never broke to a new low in March. This is the type of successful…
Rachael Robiner replied to Rachael Robiner's discussion 'Action Friday - did anyone notice...?'
I definitely agree that we'll see a retest of the lows, and I also believe we'll ultimately fail the test and the market will fall to new lows. Eventually. But tough to say when with the Fed/Treasury constantly piping in free money. Apple…
Stocks To Buy replied to Rachael Robiner's discussion 'Action Friday - did anyone notice...?'
It could mean that we are at the end of the recent run....Apple is a gauge for the stock market and if Apple starts going down I feel the market will follow.
I am still in the camp thinking that we have to go down and do some sort of retest of the…
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Action Friday - did anyone notice...?
Did you notice that though the market went up considerably and significantly on Friday, several stocks like $GS, $RIMM, and $AAPL went down? What does this indicate, going into Monday? Market is actually about to fall? Those stocks are circulating out of favor and others are moving in? All thoughts welcome...
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- At 3:03pm on May 5, 2009,
Stocks To Buy said… - Whats up Rach.....I guess our weakness in tech theory last week turned out to be wrong..... Apple is rumored to be looking at Twitter for 700 million.
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