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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Vendit™ who wrote (3112)12/28/2004 1:11:07 AM
From: Walkingshadow  Read Replies (1) of 8752
 
AAPL is setting up nicely. They are getting oversold now, but there is a bearish divergence between technicals and price:

139.142.147.218

I think AAPL will correct more, and that may present an excellent (and rare) buying opportunity. This one should be watched closely for further correction followed by reversal before earnings (Jan 12). Best case scenario would be a correction, then sideways move going into earnings. Then, if they beat the street again, the subsequent move will be powerful and sustained.

T
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