Wednesday, June 9, 2010

He said it: AAPL breaking down

If chessNwine sees a possible technical breakdown ahead for my beloved AAPL, I'm not going to doubt him. I've been out for some time with the exception of quickie daytrade or two. But even I can see AAPL getting pummeled, as was the case today, despite stellar earnings, fundamentals and the coolest merchandise on Earth.

I hope he's wrong, but as always, I'm prepared to see further declines for any stock.

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