They are psychopaths. Seriously.
Stocks don't behave the way Apple did yesterday and today unless they are manipulated. When you see a stock doing this kind of thing you know it is being controlled and manipulated by a group of hedge funds and you move on and trade a stock that trades on actual supply to demand forces. I have noticed this since Apple joined the DOW. I will have to find another stock to trade. Too bad because I use to make serious money trading Apple.
Its about time. We should see $100 between now and next earnings. Firm support at $100 bucks.
Wish me luck!
Tried to tell everyone.
Ya it should not have been a big deal to simply slip down a little bit more and hit the trend line but it was just impossible. Just too many people lined up at every level buying. Pathetic. I am now long.
And there is plenty of stupid people just waiting to buy the stock.