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Friday, November 11, 2011

AAPL capitulation?

Capitulation maybe taking place today. I say maybe because, the action was completely corrupted. 

1. the negative thrust downward was inspired by Cramer and Melissa Lee in the AM

2. the bullish action it is currently seeing is inspired by Tony S. (top rated analyst in the name)

This is enough to merit holding on to a position, and reduces the probability to see the low 370s. 

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