AAPLTalk, 6/26/13 (After Market Close): “Looks like rain, Jeb.”


Where to go from here? Revisit intermediate trend low at 382-ish (I adjust for dividends) where the SMA-200 weekly’s also headed?

Regain some composure above 419?

Stay in some rangebound purgatory somewhere between 380-420?

Who knows. You won’t find anything remotely resembling “actionable intelligence” here, more like stream of consciousness. For the love of your brokerage account, do your own due diligence. But, like many, I’m pretty bearish on the price action right now.

Disclaimer: Long AAPL common, “short” AAPL put spread


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s