It Wasn’t AAPL
The market opened lower Thursday on renewed fears that Greece may default on its debt. The downward trend was then buoyed by a surprising rise in jobless claims. Around mid-day the market made a double bottom on the 3-minute chart and then took off to the upside, recovering most of the 150+ drop. Today was a perfect example of why to keep the volume turned off of the financial TV networks. Commentators were explaining the the sudden reversal as reaction to a rumor that AAPL was going to announce a 4 for 1 split. Pulleassee....Although not a popular belief, it h
Comments Off