Keirsten did a great post on AAPL short trade few days back on 12/03/09
The AAPL of My Eye
and I’d like to offer rational for opening of the same short trade AND covering of that trade (in order not to get smacked TODAY).
But first, PLEASE, in order not to continue to get confused with futuristic DeMark charts, PLEASE, take a look at colors and fonts sizes for buys/sells counts. Save these 2 picture as a reference for my future posts/charts. (I know that was long overdue, my bad – what are you people – speaking the language of my 6 years old nephew: “You all look like you got no vocal cords!”)
P.S. And here is a link to Osikani’s Daily Wrap
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DDT here Thursday, 8:35AM EST
“Strike man, strike !” —Walter Raleigh (1554—1618), just before being beheaded.
12/10/2009
Futures approx. BO
Daily Range Projections
Low
High
/ES
1090.25
1102.75
SPX
1090.92
1102.07
/NQ
1775.50
1809.25
NDX
1774.45
1806.31
/DX
76.057
76.529