nmike

MARKETS / STOCKS -TOPS & BOTTOMS

BATS:AAPL   Apple Inc
1650 6 15
Markets run trough a cycle that starts with panic, evolves into cautious buying, then displays increasing confidence. That's followed by universal confidence and complacency. When the complacency is seemingly well entrenched, some cracks in the structure may start to appear.There are unexpected sell-offs that produce lower lows rather than higher lows.The next stage is increasing concern and fear as prices start to slide.Soon fear becomes prevalent, then universal,leading eventually to panic selling.Then the cycle starts again. -Richard W. Arms, JR.
Note: not necessarily predicting that APPLE             will drop that far down.- nmike
I guess most trades don't TRUST Apple just yet!
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100% agree add one more leg down
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Where does fundamentals get on to the chart ? is it the straight line.
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nmike MOD mattlamb
the straight line is your basic up-trend line which is drawn at a least 2 low pivot points, 3 is better. No fundamentals on charts.
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geez lots to learn, but really why no fundamentals? are there any charts that do track them?
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nmike MOD mattlamb
lots to learn indeed,,,,at the end of the day charts do reflect the fundamentals ,
anyways here one site that provides fundamental charts
http://www.bullandbearwise.com/
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