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Technology Stocks : Apple Inc.
AAPL 273.79-0.3%3:59 PM EST

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To: Bald Man from Mars who wrote (2095)4/8/1997 3:06:00 PM
From: Geoff   of 213185
 
Let's talk fundamentals. Has anyone noticed that the price of aapl shares have moved above their 50-day moving average? The last time I checked, when a stock's price begins to move above its 50-day moving average -- it is an indication of bullish sentiment on the part of investors, some on this thread, some not. As long as AAPL doesn't violate this line, I'm comfortable with aapl's future. It seems that this could only happen if investors already factored in the upcoming losses report by appl, IMHO. If the big money is getting in now, I know enough to ride the wave until the 50-day line is in jeopardy of being violated. Here's a link to view a graph of aapl with the 50-day line dbc.com

Good luck, and happy trading.

geoff
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