WALL STREET SECTION

Apple, Yahoo & Amazon All Quietly Slip 25%-30% Over 2 Months - Has Anyone Noticed Posted: Tuesday 14 March 2006 - Wall Street Section

More evidence of how stale the markets have become (see yesterday's 13 March post, below) when nobody really notices or is talking about 3 of the bellweather tech/internet stocks falling around 25%-30% each.

• The general market though seems relatively strong, maybe these 3 are a sign of things to come as the 'darlings' start to breakdown?
• Too early to tell yet so keep an eye on any important support levels and how the charts react around those levels
• Remember, over the last few years buying weakness (especially when the charts look bearish) has been the money trade
• So until that type of strategy stops working we should still try and follow it, however painful it may be to pull the buy trigger

Check back for tomorrow's post because we'll be publishing some important news on Apple's potential for the next year or so. This from a company that has to keep innovating.