I mentioned AAPL and its triangle and the possibility of a Crazy Ivan shakeout, it looks like that' what we have.
Be patient on AAPL, no need to jump right in to shorts, same with BIDU and others, let the trade and the signals come to you, I'll bring them to you.
A move to the upside above the triangle and we'll likely have a Crazy Ivan shakeout, but again, consider the bigger picture theory I laid out this morning, don't rush it.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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