Thursday, January 31, 2013

Market Looks Tired!

Why not a Bullish call on $AAPL? I suppose we will hear this all the way down - unless something changes. I'm not sure a 128-gig iPad is it, though.

The market looks tired. And acts tired. It is the monthly strength period. The market came in to this week overbought and now looks toppy. It could be the pause that refreshes, but January has been about a 7% rip. I'd expect a little cooling before the next advance.

Anyway, not doing much about it. 100% long. Still.

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