4/23/2012

The biggest rallies happen in bear markets!

Do you think AAPL’s bubble has popped? I think so and here’s why: the biggest one-day rallies in a stock normally happen in a bear market as short covering rallies draw in lots of followers who believe that the stock is back on it’s path to new highs. Well, last week we had the biggest one day gain ever, much larger than any normal day and larger than the gap up after Q1-2012 earnings! This tells me that the market has peaked at 644 and we’re on our way to a downtrend!

042312_aapl_daily

13 comments:

buzzingstreet said...

Nice blog,
Just wondering what people think about current market situation? Are we ready for another phase of recession? How our stock market are gonna react? Lets share our view in this cool blog. What Say?

Stock tips said...

what people think about current market situation? Stock Market

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reginag said...

Market is a little shaky at the moment.

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Penny Stock Newsletter said...

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LOL game gold said...

Do you think AAPL’s bubble has popped? I think so and here’s why: the biggest one-day rallies in a stock normally happen in a bear market as short covering rallies draw in lots of followers who believe that the stock is back on it’s path to new highs. Well, last week we had the biggest one day gain ever, much larger than any normal day and larger than the gap up after Q1-2012 earnings! This tells me that the market has peaked at 644 and we’re on our way to a downtrend!

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