Wednesday, 13 March 2013

Apple, is it time to pick the fruit from the floor?

Now, since my last post, i was hoping to do more.
Guess I was busily maintaining my other blogs that i neglected this blog!

Anyway, i am beating my chest hard, like any "successful gurus" that Apple have fallen from the tree!

From $705, it have now dropped to $420. Now that is a 40% decline in a Market Rally!
See, when the Elephants run for the exit, stay away. It reminds me of the scene in King Kong (new version) where the Dinosaurs were running into a short cliff.

It looks like $380 may be a good place for it to rest. But as you will learn later, it is more difficult to predict a bottom then a top!

Meanwhile do enjoy the Market Rally!


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