Why is this???? Could it be that WS is able to scare enough short term traders into selling Nokia cheap! This gives the shorts a chance to cover. Every time Nokia starts to rally, the big guys can sell some of the float to drop the price down on low volume. One day soon it will stop working and the short traders will be squeezed to grease...forced to sell into a rising share price. Short squeeze will come soon enough...hope Nokia can hit the 10MM mark in Q3. That should light the fuse. (In the mean time Apple will continue to rise on hot air.)
The cup, the cup, always the cup...
I was a bigger fan
of the rounding bottom,
because, well, who doesn't like a nice rounding bottom?
But the cup...
Is it half empty?
Is it half full?
Or is it broken?
Before you get too excited
about the 'cup and handle' formation,
'zoom out' a bit and tell me what you see...
Personally, I think the interesting thing
comes by flipping
the AAPL 2 year chart
like one of those weird optical illusions
where the haggard old babushka
becomes divotchka again
you suddenly are looking at
the NOK 2 year chart
A sign, me brothers