RIMM just sold some 10M BB’s per its earnings… This suggests a loss of sales to the Android and iOs platforms, confirming recent comments from Analysts about surprising strong sales of iP4′s … I expect AAPL to hit 400 as S&P races to test its 50MA 1231.29 , and NDX 2325…
NDX looks very bullish with its aggressive MACD cross-over, the S&P and DOW appear to be poised for a aggressive cross-overs… Looks very bullish for AAPL … But I don’t know if this is a sustainable rally, looks to me a massive short squeeze as the economical indicators looked very bad to me, add to that the illogical rise of the barrel of oil which cannot help the economy from avoiding a double-dip…
caruso2323 10:22 pm on September 15, 2011 247 days ago Reply
WOW now 396.35 – 396.39 !!! A.H. !!!
Not sure if it is just the RIMM effect … There might be more to it … Today AAPL under-performed both the S&P and NDX … I was expecting AAPL to hit 395.40 … So it is not just catch-up …