It's just a reaction to complaints I got to my posts about predicting Apple's stockprice. If people don't mind this I'll drop the second thread.
The only complaint I saw was Eric's. Again, this is Silicon Investor not Silicon Product and OS Guesser, so as far as I'm concerned, all
technical analysis is welcome here.
RoyBatty,
I agree. I posted recently that I thought Apple would hold at 29 3/4. I was wrong. My 'prediction/guess' was based on an expectation that the stock had broken up out of a long-term barrier at this point. It seems now that it has a little more filling to do in this area, perhaps down to 27 1/2 or so. I even bought a bunch of Jul 27.5 calls based on my assumption, and I am feeling the pain. I'm not yet worried, however.
Whether it is based on solid TA or some other justifiable opinion, I welcome any comments on the direction of this stock. Andon was an exception because he was such an ass.
None of us will always be correct, but what the hell, this is fun!!!
Sam |
