|
Theodore, Saskatchewan | I certainly can't argue with legendary market timers, but I looked at the chart last night at $500 and my gut instinct said not to buy. Is today any better ????
I guess they may be looking for a dead cat bounce to $600 which would give you a nice 20% return IF it happens. But there is a lot of resistance levels and it is against the current trend. The first bounce was near $600, but the second bounce stalled at $555, unless something changes I do not see the energy for $600. Maybe $520??
Oversold I would agree with but that does not mean it is a buy. I think the saying to use here is... to catch a falling knife. | |
|
Any AAPL buyers???
