Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Phillip C. Lee who wrote (10246)	3/28/1998 2:01:00 AM
From: Moominoid	Read Replies (2) of 213176

The first AskxBid prices this morning: 26 5/8 x 26 9/16 Well, it's still too early to say, but looks pretty stable. The steadiness or in technical terms stationarity is exactly what's bothering me. My TA method considers these time series properties of the data. One of the things I look at is this aspect. In the recent short-run time frame the series has become stationary rather than a random walk. Stationary series are series that tend to revert to the mean rather than move in a random walk pattern. I have found that in the past Apple (and other stocks) tend to collapse soon after (days or weeks) becoming stationary. At the least they stop going anywhere. Sometimes the indicator is wrong but more times it is right. David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next