Wednesday, May 16, 2012

Evening Thread Wednesday

Quite a few charts look like the AAPL chart below. Diving down with not much support or sign of a bottom.  We all know that can change on a dime because some time soon we will have exhausted all the sellers.


HLF is David Einhorns personal yoyo.  It reports blowout earnings and tanks because Einhorn asks a question.  He makes no mention today and so it rallies.  Look to this one to continue to rally particularly in a strong market.


GOOG bucked the trend today and stayed strong all day.  It is now breaking out of a volatility squeeze to the upside and it has done it on a couple of pretty weak days.  Another one on the radar when we get our bear market bounce.


Wednesday Afternoon

Wednesday Morning


Sysin's dog and cat got tired of being passengers on the family road trip...
They jumped in front while the "humans" were making a pit stop.