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


To: Jill who wrote (5234)2/23/2005 10:52:11 PM
From: Walkingshadow  Respond to of 8752
 
Hi Jill,

I would have settled for $83, but I guess that was just too much to ask.

I would be a buyer of AAPL at the 20 sma.

I am less concerned with a big correction in AAPL, because I see a resumption of the long-term market uptrend coming within the next several weeks, or possibly a month or two (unlikely).

And I expect AAPL will continue to do well in a bullish market.

I don't think the news had much impact. Volume was about average or a bit high, but everybody knows AAPL will be lauunching new upgreades regularly. So I think that is priced in mostly.

T