Linda,
Thanks. Well, today's a lucky day for all of us. The stock hit the
local high and broke the pattern with stong upwards trend. I wouldn't
believe if the stock will go back to below $27 from now on since the
coming weeks are full of good news for Apple.
Microsoft predicted its 3rd quarter will be better than anticipated
by about 17%. It was traded $89.25 after-hours, up 4+ points. This
is going to drive the entire tech stocks up, up, and up tomorrow.
I think Apple will go along with such an upwards trends tomorrow.
Besides, Jobs has received all the messages he needs to make up
his mind. Any moment, he could announce to become the permanent CEO
from tomorrow's opening bell. Another 15% jump will be expected if
he becomes the CEO. Shorts had better watch out the unexpected
shocks anytime from now on.
From the technical viewpoint, we have been stayed in $26's and $27's
too long (11 trading days), which is an unusual phonomenon and hence we
could directly jump to $28 today. I believe we probably could see
$29 tomorrow but not necessarily will stay above that level. However,
if Jobs' CEO is announced, then the price could be over $31. Let's
see if we have that luck this week.
Great to see 10,000+ posts on this board. Let's try if we could keep
up with other popular boards, such as cpq, dell, etc.
Cheers,
Phil |
