tag:blogger.com,1999:blog-11789233.post114435772165005774..comments2023-11-02T03:53:15.874-07:00Comments on The Slope of Hope.....with Tim Knight: Short AppleTim Knighthttp://www.blogger.com/profile/02142044637710306701noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11789233.post-1144434778988928412006-04-07T11:32:00.000-07:002006-04-07T11:32:00.000-07:00Tim,Whats down 3% must be put in perspective. Its ...Tim,<BR/>Whats down 3% must be put in perspective. Its been up 20%, so a 3% drop is a pullback. Its giving everyone another chance to join before its next journey north. <BR/>Once again, why wont you go long if it crosses $73?kapil khannahttps://www.blogger.com/profile/16965534926697348382noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1144422170230140312006-04-07T08:02:00.000-07:002006-04-07T08:02:00.000-07:00Well, it's down 3% already early in the trading da...Well, it's down 3% already early in the trading day, and it's been down all day, even when the NASDAQ was hitting a new high. So far, so good.......Tim Knighthttps://www.blogger.com/profile/02142044637710306701noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1144382040043470132006-04-06T20:54:00.000-07:002006-04-06T20:54:00.000-07:00Tim,Entering a trade on Fibonnaci against the prim...Tim,<BR/>Entering a trade on Fibonnaci against the primary trend, has generally performed poorly. In this case, Fibonnaci is great for exiting, if one was long in AAPL on they way up from $58 - like me.<BR/>This one is showing great strength and is attempting to rally past its previous high. Depending on tomorrows action, we may end up with a very strong 3 white soldiers pattern. Also buddy, where is your stop loss if one shorts this at $73?kapil khannahttps://www.blogger.com/profile/16965534926697348382noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1144363328069771272006-04-06T15:42:00.000-07:002006-04-06T15:42:00.000-07:00I'm in agreement with the last commenter. My mill...I'm in agreement with the last commenter. My mill says that the stock just rolled over going up. I see as much as 78-83. Not that it couldn't do a short term pull back based on the last couple of days (Windows exuberance). But I believe you are correct - it is getting close to an overbought condition.John Wheatcrofthttps://www.blogger.com/profile/07035854131151519369noreply@blogger.com