Site Meter The Lawyer Trader: Jobs Resigns and $AAPL Declines

Wednesday, August 24, 2011

Jobs Resigns and $AAPL Declines

A nice little drop in $AAPL after the Jobs announcement in after-hours trading.  The important thing to watch is the follow through tomorrow morning.  If there is consistent selling but not panic selling, I would be concerned.  The pros will fade an obvious panic dump but calm consistent selling will be a sign of sophisticated people trying to unwind their positions.  Guess we'll see.

TLT

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