Friday, July 20, 2007

Market starts out terrible

The Google and Caterpillar news really set the tone for the early session. Profit taking is taking place in just about all sectors at the moment.

The RebelTrader swing trade WDC is up another 5% this morning!

I took a position (1/2 to begin with) in FEEC at $1.56.

Apple tried once again to break above $140 but has been selling off ever since. Will Apple hold the gains today? The way the charts read the answer is no.

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