The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Wednesday, January 14, 2009

AAPL

I was just looking at the chart for AAPL today and thinking that it wasn't looking good while sitting there at support. I was also thinking about the Steve Jobs rumors ("hormone imbalance" ?!?) and how the chart looked, to me, like people in the know, knew what was really going on. Off of this news, AAPL is currently down over $6. Should get interesting to see what happens at the open tomorrow, so much for $28.50 on the Q's holding.

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