chinacat
Moderator
AAPL Long since 2006
Posts: 4,427
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Post by chinacat on Sept 24, 2022 7:54:36 GMT -8
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Post by CdnPhoto on Sept 25, 2022 6:29:42 GMT -8
At least it was a positive week.
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4aapl
Moderator
Posts: 3,632
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Post by 4aapl on Sept 25, 2022 8:20:08 GMT -8
At least it was a positive week. It didn't feel positive, but that must have been due to the articles aimed mostly at the overall market, plus some of the new FUD injected into the US and global situations. The RSI roughly shows sentiment over the past 14 days, with 50 being average, and 30 being fairly bad. I'm surprised to see AAPL still up at 40. OTOH, QQQ and SPY are at 30 and 29. AAPL is doing ok, more than 10% up from it's June low, whereas the indexes are roughly at those lows. AAPL might not be at the 200-220 level that it seemed it was going to soon take back in January. But it's not as bad as most things. For me, the best thing to do is just get away from the computer for a bit. We finally had bathroom cabinets come in, though at ~10 weeks instead of the quoted 12-16. So I took some time to paint (painters are a month out), and do some electrical work (a fun puzzle of figuring out the bare wire they installed 3 months ago). It would be nice to see some green this week. But maybe the market needs a few more days of pain, to set a real bottom.
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