Friday, June 29, 2007

As expected.. profit taking now taking over


Apple is now heading down, again as I predicted it would. Large sales of Apple now passing through the ticker as the large money traders are cashing in.


The broad market is also selling off here. Will there be any brave soles to step up to the plate to take a swing at a few trades before the end of the day? Can't say. But at this point during the lunch hour it looks like the pros are taking their money and calling it quits for the day and heading home with their loot.

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