stock tried to retest recent high at 103 yesterday then succumbed to fierce sell-off
stock action not looking good at all despite all the hype around new products
should have collected +20 point gain yesterday
from the bottom 1,178 to 1,199 and runnn
today could have scooped up at on sale price
for "rinse and repeat" strategy for green $$$
=== Sell signals are scarce in the list, and they happen to involve two Chinese auto-marketing website companies.
Bitauto Holdings (NYSE:BITA) is in most peril at the moment. The stock has been a huge winner, but has shown signs of a climax top.
Rival Autohome (NYSE:ATHM) triggered sell signals last week. It fell as much as 15% below the 52.08 buy point, and it erased an 11% profit from that entry.
just sold feye today at 34.50
from 29+ scoop and runnn
will be back when opportunity
allows once again = green $$$
I like this quality stock beaten down below
the 200 day average for cheap on sale price
rosy days will come again for green green sky
apple and the Russell 2000 will lead
the market to the downside big time
during this nasty September correction
=== Apple had its worst day in more than 7 months as shares lost more than 4 percent, earlier sending the Nasdaq lower almost 0.70 percent and the S&P 500 down 0.13 percent.
"I think that Apple is just being used as an excuse for the market going down," Marc Chaikin of Chaikin Analytics said. "I don't think the news out of Samsung is really that significant."
I no longer have aapl holding as of today
but it's fun to watch it on the sideline
as a metrics of nasdaq index performance
exited the whole holding today
not "a little money off table" at all
even at 93.50 stock is still expensive
gotta learn to read stock action
I am quite amazed at how many people
naively bought appl at the top riding the hype
while smart investors quietly exiting at top price