Again, I'm leaving room to add to these as I suspect we'll get one more pullback and stronger divergences, but I don't want to take the chance, this is not greed, this is based on VERY strong 3C charts, what I needed to see. If anything I'm being conservative.
I think AAPL could retrace up to 50% of the decline from $700+ so it is probably a workable long equity position as well if you prefer no leverage.
Be careful about having long QQQ, long Tech with AAPL as well.
Is interest rates about to start going up?
-
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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