With The NASDAQ-100, You Could Have Sold Apple Near The Top.

If you look at the NASDAQ 100 chart below, it topped in the first week of April 2012.  If you look at the share price of Apple, it topped in the second week of April 2012 – A FULL SEVEN DAYS AFTER THE NASDAQ100 was sending a warning message.

On April 3, 2012, we forecast a reversal in the NASDAQ100 was not that far off.

On April 10, 2012, we forecast a reversal was likely to occur.  And on April 10, 2012, Apple reached its all-time high of $644.00.  Apple has since fallen to $572.98 as of this past Friday.  For those who are “riding it out” and hoping for a bounce back, we don’t have an answer for you.  We can only suggest you follow the NASDAQ100 as a guide to making your decisions – we like the hourly chart for a more detailed view.  Remember to keep the daily and weekly charts in view – they show the “bigger picture”.

We overlaid Apple with the NASDAQ100 on an hourly basis as shown on the chart below.  This is why Bull and Bear Mash exists – we analyze market indexes so individual investors have a good idea when to get in and out of a market.  It’s never perfect, but it can be more profitable.

 

You, the individual investor, can use the NASDAQ100, the S&P and the Dow Jones to guide you with your investments at all times when you are holding m.  Holding a stock for many years is not something we do.  We have commented in the past on why holding investments for long periods doesn’t work.

We think that trading stocks a few times a year based on daily or weekly charts is very doable for the individual investor – a big part of the reason we post weekly charts of the major indexes.

Tell us what you think and please share.