Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: profile_14 who wrote (441)	11/18/2004 10:36:23 AM
From: Larry S.	Read Replies (1) \| Respond to of 13449

yeah, shoulda bot it at 25 :)

To: profile_14 who wrote (441)	11/18/2004 2:58:04 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 13449

Profile, I see our pal DB is off the computer today, or so it seems. The negative play you mentioned a while ago is now ripening on AAPL, from a technical point of view. The weekly trend is flattening, showing some sort of top forming. On the daily although OBV is still strong, volume as I measure it (looking at the relative moving averages of volume, the 10 vs the 50 day ma) shows a negative cross as of 2 days ago; to wit, volume levels are now trending down, and at a recognizable decline. (note: this avg volume study is not available on stockcharts.) MACD levels, which led the flattening are now large and negative (histograms), which means to me that this one will have trouble rallying much higher in the near term. This stock (again, near term) seems to have run out of gas on this run. Downside targets (take your pick) are 52.50 (20 ema), 50 (30 ema), 48 (previous channel congestio), 45 (50 ma). Could this regroup and power higher? Yes. But short term, things are setting up for some sort of correction, imho. stockcharts.com[h,a]daclyiay[pc20!c30!f][vc60][iut!Ua12,26,9!Ul14]&pref=G Kb

To: profile_14 who wrote (441)	11/18/2004 5:00:16 PM
From: chowder	Read Replies (1) \| Respond to of 13449

Profile, After looking at a chart of AAPL for 15 minutes, from many different time frames, to applying every indicator I know of, I came to the same conclusion I had after looking at the chart for 5 seconds. Energy is being stored and it is getting ready to break out of a very tight consolidation phase. The bands are clearly defined, the window from the November 3 gap up is support, and the high of that day is resistance. When the price breaks in either direction, money flows will follow it. Which way will it go? I don't know. Technical analysis doesn't tell me that, it merely tells me where the party will start and who will show up. If I know where the party is and the group that will attend, I can dress accordingly. Got both my suits ready. stockcharts.com[h,a]daclyiay[d20040618,20041118][pd10,1!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum