I fear the worst when I see AAPL's stock move the way it is moving. We all know what it could possibly mean, and I don't even what to say it because I hope all is well with Steve. I really really hope so.
I am going to put in a limit order at 182, although it will be the saddest order I will ever have executed (if the market is predicting). I hope this order does not happen, and the market is being very very wrong.
Gartman mentioned yesterday on CNBC that GS and AAPL led on the way up and both are acting poorly--might they be leading the way down? FYI, he also said he was nervously long gold (for a long time) and expected to wake up some morning soon to find it down $25 or so and he would be a seller at that point.
ReplyDeleteI think both you guys are witches ;>)
Dan