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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Monday, June 20, 2011

i humbly upgrade AAPL

Jun 24: after upgrade at $311 on Jun 20, reached $333 today. 22 points in 4 days. that's good enough for now to take profit.

Jun 21: a crude oil ETF volatility index chart posted on yesterday's "updrade oil" thread".

AAPL seriously under-perform recently.
today's bottom at $310.5 at the lower blue pitch fork line.
i expect AAPL to grow into new historical high.
apple grows in the summer.

"If you are lucky to live near apple orchards, you know that autumn is a great time to pick apples. Apples are good for you too...as the saying goes, "an apple a day keeps the doctor away." In fact, apples do contain a powerful phytochemical called quercitin and eating apples may also help to reduce cholesterol."
http://nutrition.about.com/b/2006/10/11/apple-season.htm

Jun 20 12:30pm cnbc half time show:
<< big technical breakdown.
breaking below 200 day moving average.
also former appl lover, now not exciting about aapl. >>
they love AAPL at $360's, now hate AAPL at $310's - typical wallstreets analysts!


for $spx, $rut and the market, i reported the roadmap and most important cycle(working perfectly so far), and details of all aspects.

Jun 21:
today Oppenheimer cut AAPL price target from $480 to $420.
i see AAPL has bull flag, measured breaking out target is $480.
i do not think AAPL will get to $480, but is quite an interesting bull flag chart on 5 months' consolidation.
i see this final bubble making is setting up the huge bubble-burst into the ground.