Uptrend
TSP Pro
- Reaction score
- 74
I totally agree that it is possible for a big down, and perhaps even a double bottom! My philosphy: Look at the available evidence for any given day/week and make IFT's based on it. There is a chance that tomorrow may be a big reverse; but it is also true that there is a chance for an upward continuation. If it wasn't for Apple, Texas Ins, Ups, and AT&T, and UPS reporting tomorrow, I would bail. The iphone is a big deal, and I am betting it made Apple and the carrier AT&T earningsw rise. So I am betting that the iphone saves me. Comparing these reports to Wednesday is another matter, and I become scared and will run. On my way out I will see how the I is doing, and if some upward rebound can be captured.