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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (23703)	9/21/1999 11:44:00 AM
From: Dennis J.	Respond to of 34816

JDN. AAPL is a very interesting chart. After successive breakouts and a new high at 80, It now give a triple-bottom break at 73, suggesting a retest of the support in the lower 60s. All this on news that they could not supply enough product to meet demand growth. Long-term bullish, short-term bearish. Good fundamentals. Bad market. Looks like one to watch, keep, even add (when the dust settles). Wonder what Tommy would do? Wait out a consolidation, buy the first DT breakout? Good luck JDN.

To: OX who wrote (23703)	9/21/1999 12:16:00 PM
From: JDN	Respond to of 34816

Dear Ox and Dennis: Thanks, appreciate the reply. I am watching AAPL like a hawk but to be honest would like to buy in the 60's to give me a feeling of a little downside protection. My concern is that they do not have enough market share now and potential to drive the price much higher then its already been and SUNW and EMC have spoiled me. haha. I never buy any equity, no matter how great it is without feeling in my heart it has the potential to move up 20% within a year. I know that sounds historically high but thats what I desire for the risk of equities. And if its riskier than I perceive a SUNW or EMC to be then I want even more. JDN