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Technology Stocks : AAPL? How to trade/invest?
AAPL 270.37-0.4%Oct 31 9:30 AM EDT

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To: Jaime H. Ayalde who wrote (60)4/24/1996 9:56:00 PM
From: xu, b.   of 162
 
Jaime,

It's funny today's low is 24 3/16. Only one tick. The professionals like this bid I guess. I am suspecting that the market wants to squeez out the last bull before it can go high. Today, the low already violated the trend line. It's funny that Lombard site report the wrong closing. That caused me wondering and I checked a couple of different sites. The closing was very bearish. 25000 hit ask side.

Someone here suggested here that AAPL used to enjoy strong support when P/B hits 1.2-1.3. This is a good observation. I don't know how valid the claim is as I have not verified it.

Also, I am unconfortable with the divergence of NASDAQ and Dow. Something is happening.

The probability for AAPL to visit 18 can not be ignored. But for the moment, I still see today's action as a contre trend. It's clear from mudit's site as well.I am puzzled by the two trend lines. Why they are not symmetric with respect tothe regression line?

<Also look at the Stoic.>

it is very weak. But MACD shows sign of life. I am ready to say "I am wrong" but not right now. Doing what I am good at: observing.

Jaime, did you notice that mudit's closing is very high? I noticed a big bullish rectangle. It could not be true. comments?

patience is a virtue.
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