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


To: nohalo who wrote (7165)3/30/2005 12:46:20 PM
From: Walkingshadow  Respond to of 8752
 
Thanks GottaRun, but kind of a no-brainer. You just can't keep a good man down, and AAPL is a market leader.

Reid finally ctrl-alt-deleted me about that. Six months ago or so I was whining that I got stopped out on intraday volatility, then spent about 2 months trying to find a decent way back in.... he pointed out that AAPL is a very strong stock, that one would be well-advised to stick with strong stocks, and suggested I stop trying to jump in and out of AAPL and just jump in. So I did (well... not entirely... I still have some trading shares).

If you look at the chart you will see that the 20 ema is a pretty good entry, and the 50 ema for sure, but AAPL hasn't seen much of the 50 ema over the past year:

139.142.147.218

Here's what that looks like on the weekly chart:

139.142.147.218

T