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AAPL Intraday Updates (Archive)
Posted: 13 June 2009 05:05 AM [ Ignore ] [ # 151 ]
stars_big_2
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litespeed - 12 June 2009 11:14 PM

Anyone think that maybe commodities are overdone and there maybe sector rotation into tech or financials?

Tech has been going up since March (with a couple of blips along the way). If anything the rotation is out of tech and into commodities.

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Throughout all my years of investing I’ve found that the big money was never made in the buying or the selling. The big money was made in the waiting. — Jesse Livermore

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Posted: 13 June 2009 10:40 AM [ Ignore ] [ # 152 ]
stars_big_2
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Well in AH I went ahead bought more aapl for a quick three day trade.

I think we may continue to go up a little after this drop.  We went through this after we hit 132. We dropped to 122 and then went to 143.  This time we could go to 147 and then I will bail out.

We may still go down to 135 by friday, but then start the climb again.  I also like the volume in the last week.

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