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Strategies & Market Trends : Guidance and Visibility

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: lexi2004 who wrote (173800)	5/4/2008 5:07:11 PM
From: MJ	Read Replies (1) of 208838

Someone on SI referred to the RSI as indicating overbought and over sold. During the day(a day trade) I find that idea useful. If I were looking at the chart you posted. The last yellow mark would pose that question----is the stock overbought. Also see a gap longer term back in June of 2007. Looks like that is about filled----that of course sends one off on another tangent in deciding whether to buy or sell at this point. mj

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