AAPL and GOOG patterns completing …

here was the geometry for the top in AAPL:

http://bartscharts.com/2013/08/20/sir-issac-newton-and-aapl-fell-from-the-tree/

here was the geometry for the low in AAPL:

April 7 2013 AAPL daily April 7 2013 AAPL monthly

as we approached the low a very symmetrical 3 drives to a bottom appeared:

dec 06 2013 AAPL bottom

the “first” top that appeared gave us a sell signal and about 70 bucks but the market moved up and higher …now, we are completing another pattern along w/ returning to the trend line on AAPL.  So, this is a very crucial juncture for the market …

Dec 06 2013 AAPL Dec 06 2013 AAPL trend line

GOOG — how UnAmerican can you get – trying to short GOOG?  Well, it’s just numbers and patterns so guess what we are “there” again w/ GOOG so after the near knockout punch of a simple 100 point gap in your face – why not?

here’s the blog of the “next” target:

http://bartscharts.com/2013/10/21/more-pumpkin-soup-added-a-new-ingredient-to-the-recipe-goog/

here’s the update:

Main20131206051946

More Pumpkin Soup … added a new ingredient to the recipe: GOOG.

classic or not that certainly proved to NOT be a head and shoulders neckline but a launching pad for a SATURN 5 and kaboom it exploded.  as you can imagine the short well, took it on the chin to say the least: http://www.youtube.com/watch?v=05PKG_pWsVY !

Howard (Founder/CEO of Stocktwits) commented “as for me, I’ll stay long.”  WELL PLAYED …

as for me, I’m licking the open chest wound and trying to put it all in context…

  • that one day accelerated price action to such a degree that in one day it EXCEEDED the entire MONTHLY price action since GOOG’s IPO.  Seriously…?
  • the NASDAQ 100 has SO MANY parabolic charts it’s downright scary … have we not learned our lesson?
  • the NASDAQ 100 continuous futures contract is right at major resistance / SELL pattern area
  • Palladium has a very nice daily sell pattern about to complete (nice correlation in technology stocks and the palladium metal)
  • our 925 level held for 6 months and then, kaboom, it exploded ..hugh?
  • so, if at first you don’t excede, try try again (?)
  • here’s my next set of targets w/ regard to GOOG
next set of targets ...
next set of targets …