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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.

Tuesday, July 5, 2011

i humbly downgrade AAPL at $349

Jul 6: AAPL iso line resistance is at $355. my medium term target is below $300.

on wave-E completion with pitch fork X2.

on Jun 20, i humbly upgrade AAPL at $310.5.

imho, $spx 1370 on May 2, 2011 most likely is the top for the decade!
it's from the analysis of many aspects of technicals.
contact me if you want to know more details and the developement as it goes.

Jul 5 14:10 pm ET member update:
$spx just broke the lower green wedge line right at the pink box cycle time.
at the exact same time, "Moody'd downgrades Portugal with negative outlook".
news event conforms with t/a and time.

Jul 5 morning special member report shows the ST, MT and LT pictures / roadmap. a must read, imho.