THE DOT - if this turns orange or red be alert

Friday, January 29, 2010

Apple update

AAPL has turned south clearly and as I said earlier big fan and the tablet is cool but not a blockbuster for now. The Techs are generally in trouble as they had a great year with Jupiter in Aquarius but that is over now and things will be back to the blunt reality and things are ugly out there. Expect a drop to 150 at least over the next 3-4 months and sell short any strength towards 200.

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I am a professional independent trader