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

To: Walkingshadow who wrote (6143)	3/8/2005 8:06:23 PM
From: MJ	Read Replies (2) \| Respond to of 8752

I posed this question because the chart posted was based on one year-----and the gaps just called out for attention. The first gap at 20 was the major buy signal for a move up. On the way up the freight train continued to pick up and created several more gaps. If I were looking to buy for more than a shortterm trade, I would want to know where those gaps are and look for the buying ops near them should the stock correct. Thus far the OBV has confirmed the upward direction; however, I am now seeing just the slighest hesitation in the OBV. That hesitation then causes me to look at the gaps for the entry points. Assuming that the gap at 20 was a power gap associated with professional high volume then that would not likely get filled. Note I am not knocking Apple---- I am interested in learning Reid's mode of analysis on this stock and combining with my experience in order to apply it to other stocks in the future. mj