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Technology Stocks : Apple Inc.
AAPL 260.81-5.3%3:40 PM EST

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To: Don Green who wrote (52003)3/29/2006 6:18:15 PM
From: Cogito   of 213186
 
>>Do you think it can last?

70-20-10<<

Don -

Well, certainly the "20" wasn't the driver for today's action, considering that AAPL moved up a LOT more than DELL or HPQ. The "70" isn't it, either, given the overall market's .74% increase on the day. (I'm using the S&P 500 to gauge the general market.)

So if you think that Apple's "10" is nearly used up, then you'd bet this wouldn't last.

I'd bet against you on that, particularly since applying the 70-20-10 rule doesn't really explain AAPL's performance for the past two or three years.

- Allen
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