All Posts Tagged With: "Capitulation"
Apple Investors are Dead, Long Live Investors
The Trader is dead, long live the Trader. This is my official proclamation now that this Bear market has finally proven to us all that it is futile to trade this market. Technical Analysis, economic reports, historical data, they all have little to no meaning while volatility is sitting above recent historical highs.
16Nov2008 | Zach Bass | Comments | Continued
Is Apple a Buy Here Poll
The question you have to ask your self is, do you believe that Monday (September 29) marked capitulation, the market bottom? What should make me think we hit bottom? A soaring VIX, 1/3 of all issues plotting new lows, RSI’s at historic levels, yadda, yadda, yadda. But what about the thing that got us here, [...]
1Oct2008 | Zach Bass | Comments | Continued
Apple Investors Embrace the Pain, Feel the Gain
The selling continues. But is this what capitulation looks like? The Volatility Index has hit historic heights, and fear is rampant. We not only lost all the critical support levels in the Dow (11,800), S&P (1200) and the Naz (2155), but it was done with huge volume and plenty of room to spare. The interesting [...]
17Sep2008 | Zach Bass | Comments | Continued
Apple Investors Today was the AIG Show
Today it was all about AIG. Can you believe there were over one billion shares traded on AIG alone? That’s sick! We might as well have called it the AIG market. And the volatility, it was amazing as it spilled over to every market and every issue. We had wild swings, the likes of which [...]
16Sep2008 | Zach Bass | Comments | Continued
Apple Feels Max Pain, Bears Capitulate, Earnings Bite
Many of you are probably wondering what is going on with Apple. They come off a historic product release, products are flying off the shelves, customers are in lines that extend for blocks waiting to hand over gobs of cash, and the media is abuzz 24/7 over Apple’s sheer brilliance. Yet the stock is stuck in the mud.
18Jul2008 | Zach Bass | Comments | Continued
