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Technology Stocks : Apple Inc.

AAPL 273.25

-0.2%

Dec 26 3:59 PM EST

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To: J R KARY who wrote (24451)	4/30/1999 3:46:00 AM
From: Moominoid	Read Replies (2) of 213177

Anyone ? Not that charts are not worth following , but I am curious how current and changing events are factored into predictions based on history . 1. I use a wide range of time scales to chart things. I like to see the predictions of different timescales matching up. The best TA methods are very adaptable to new conditions. They limit the speed the situation can adjust at rather than the level the price can eventually go to. I don't subscribe to Elliott Wave theory or to looking at long-term (more than a few months) linear trends. That's my opinion from looking at the data and maybe being a bit prejudiced due to my background in economics and econometrics. 2. In the long term I would invest in AAPL on fundamentals not on the basis of a chart. In short to medium term charts can be useful to guess at likely adjustment dynamics. David

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