The top in AAPL Jesse Livermore called (from his grave) on March 27
- Posted by PeterLBrandt
- on April 16th, 2012
Blow off top after accumulation cylinder was one of Livermore’s favorite set ups for a short
Hey, I am making this post knowing that there has been no one colder in calling $AAPL than me.
I originally posted this Livermore set up on March 27 — see here.
But, if you go by Livermore’s design, $AAPL is in driving to point #11, from a pint #12 rally will offer a shorting opportunity.
Don’t shoot the messenger.
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Peter Brandt entered the commodity trading business in 1976 with ContiCommodity Services, a division of Continental Grain Company. From his start in the commodity industry, Peter's goal was to trade proprietary funds. But, he first needed to learn the business. More »