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


To: Venditâ„¢ who wrote (6139)3/8/2005 4:09:46 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Hi Reid,

Interesting chart, suggesting a significant pullback at least to the middle of the regression channel.

If you draw the regression channel beginning with the end of the last medium term correction in early August, you see a different picture.

139.142.147.218

AAPL has not really taken part in the medium term correction in the Nasdaq.

I suspect the end of the correction in the Nasdaq will occur before AAPL has much chance to really pull back, but we'll have to wait and see how volumes and so forth develop in the index.

I think the longer the delay in ending the correction in the index, the greater the probability that AAPL will correct more extensively.

T