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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 6 October 2012

AAPL

Interesting that we have gapped down with a fairly large  black candle as price exitted the "square"




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4 comments:

  1. Anonymous6 October 2012 at 19:12

    720? That evening star on the weekly should be the top. Breaking 620-630 opens up a window at 540.

    ReplyDelete
    Replies
    1. Chartrambler6 October 2012 at 21:05

      Yes that comment about 720 was made back in July or August when I first spotted the square.Not being able to sustain the 7/8 line at 685 was a warning it might not reach it and breaking the red angle was a good sell signal

      Delete
  2. Anonymous6 October 2012 at 20:50

    CR, did you read Barron's this Weekend?
    Specifically page #25?
    Cheers!
    :)

    ReplyDelete

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