Those moving averages can mean something? The 20
Post# of 5789
Posted On: 12/05/2012 5:38:31 PM
Those moving averages can mean something? The 200 day for AAPL on the way up held very well, except for a brief 3 day period in June 201, but now that it convincingly broke the 200day MA, it has now become resistance. A great put option trade might have been at $597? And of course, charts work much better on the big board stocks. IMO, the crooks just use them to get people in on the pennies and sub pennies, and even the big stocks sometimes too. But inflection point investing is one of my favs. I am actually not in much right now, not too bullish on US stocks, except for food stocks.
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