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Technology Stocks : Apple Inc.
AAPL 273.47-0.7%3:59 PM EST

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To: IHateSourCream who wrote (43672)3/18/2005 3:02:28 PM
From: Done, gone.  Read Replies (2) of 213173
 
To me it looks like a very serious double top shaping up. If 45.44 does not get taken out to the upside it's a done deal. Even if it does, still toppy as can be, hawk vision required by longs. As Don said: one whiff of bad news and: Ouch. No way would I hold here without a cascade of stops. Not one chance in hell...

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Disclaimer: I don't short, can't in my SEP/IRA. Though I depend on Apple products, I'm Double Zero in terms of AAPL paper -- I'm out. I'm no stock expert, far from it: I'm a photographer dabbling in stocks. What I say here means nothing and I know it. I'll peek at the charts again in two weeks to see how dead wrong I was. Until then, other stuff to do, see ya...
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