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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (5227)2/23/2005 4:58:00 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Terry,

The gap filled yesterday on AAPL and the candlestick yesterday hints at a bottom forming so I look for a rebound reversal today.

themarketwind.com

84.93 was the magic number.

139.142.147.218

Reid



To: Walkingshadow who wrote (5227)2/23/2005 5:36:51 AM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
Terry,

Looking at 15 minute time frame frames you can see a bottom forming and also see the oscillators in position to make another move up early this morning just after the open.

139.142.147.22

Lower support is at 36.87.

The daily chart shows an inverted hammer formed yesterday which is another sign that a bottom is being put in place.

139.142.147.218

All oscillators are at or very near their reversal zones. William’s %R is nearly touching 100 on its scale so we should see an intra-day reversal of the QQQQ begin today.

Reid



To: Walkingshadow who wrote (5227)2/23/2005 6:50:11 AM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
Terry,

Looking out longer term at a three year chart using Linear Regression Channels it still appears as though your $35.00 call is correct.

139.142.147.218

I am guessing a 90 day window or less.

Reid



To: Walkingshadow who wrote (5227)2/23/2005 9:48:10 AM
From: Jill  Read Replies (1) | Respond to of 8752
 
Are you going to put a lowball limit order in at around $83 or so, Terry?

I'd like to put in a limit order and fuggadaboutit :).

I see it only somjewhat corrected and moved up but I think we really could get another correction, I'm hoping so.

There is good news about Ipod shuffle selling out, and a wireless Ipod coming.

The big ? of course is your scenario of computer penetration.

But you've fairly convinced me, its just that, I'm worried about shimmying up the curve of a parabolic stock, ie 20's to high 80's...is that really justified? Ebay is a great business model, but once things get really parabolic they are in danger of big corrections at the slightest misses.



To: Walkingshadow who wrote (5227)2/23/2005 3:43:13 PM
From: Gush  Respond to of 8752
 
Concerning the q's..

Looks like a reversal hammer, and the stochs look ready to reverse.

No confirmation.. But almost..You concur?