Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (44278)	1/22/2013 8:19:30 AM
From: Fintas	1 Recommendation Read Replies (1) of 218889

"SINK IN TO OBLIVION" is a bit strong and what I'm sure you were not suggesting. Neither was I. What I was attempting to present is that there's a time when a stock just runs out of gas. As that it happening there are many who missed getting in initially that want to do so. As I look at many point and figure patterns for Apple and backed by other indicators, I see a pattern evolving that reminds me of a few good companies that began to fall, bounced, to continue to fall to bounce to continue to fall. When I also look at Apple's RS chart I can also see the % down. Another contributer somewhere and maybe private put up an APPLE chart using fibs. I think it was done on a public board. Can't remember. But the chart was an eye opener and I thank that person once again for posting it. All of that data has me continuing to lean APPLE may bounce here but it will stall. Then we will see just how low it goes and if it lines up with what it's RS chart suggests. 448 is conservative because it's RS chart suggests that number can be lower as does a few value boxes.. Yet regardless APPLE is a great company that has great products. It has also been a GREAT stock for those who caught it in the 10-16 pre split. Apple is a classic example of how a great stock can outperform. Fintas

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