Interesting analysis...the exact reason that I share my charts here...
$111.52 is the danger zone for ~AAPL~ IMO, it is going to be interesting to see how this market reacts...LOL...The financial bailout is going to bring the market up, but what about all the instututional traders that are naturally taking profits from stocks like ~RIMM~ & ~AAPL~ after such phenominal multi-year-runs???
If I were a for profit Institutional asset manager...maybe I too would wait just a little longer to liquidate my positions...
...I never thought that I would be forced to say this...I am seriously considering opening international brokerage accounts to diversify the risk of the new U.S. Regulatory Policies...It could only be interpreted as common sense, to project the possibility of this very global diversifying tactic being considered on the Institutional level...
...B.Pickens said that we are witnessing the biggest transfer of wealth in history, in terms of the international dependance on foriegn oil...well,that transfer of wealth is over several years...what if there was a transfer or liquidation of asset's out of the U.S. stock market because of new and upcoming regulatory policies,and it all happened very fast???
...I personally feel that the U.S. Dollars' grave is being dug as we post...Oh dont be worried...the U.S. will prevail as the strongest once again over time...The ~AMERO~ has real potential...the only difference between the America now and the America of the very near future, is that the Future America will have more governmental power,less borders, and the people will have less liberty...we will still find happiness no matter what happens...
Secret
-Fibonacci on call
-Alliances
-Palmitch
