Apple double bottom… gold shines…

Posted on Jul 01, 2013 by in Letters

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=9&dy=0&id=p56283038138&a=256938322

Apple, long beleagured by the media (so what else is new?) appears to have made a double bottom.  Fundamentally Apple is still and has been one of the most important companies in the world, though Steve has moved on to the cloud.  It is very buyable at this point.  Stop 4% under the nearest low.

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372

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