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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: RX4PROFIT who wrote (46418)	8/10/2005 10:35:01 AM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 213176

From your lips to G-d's ears. I'm not nearly that optimistic, but would love to be shown wrong!

To: RX4PROFIT who wrote (46418)	8/10/2005 2:21:34 PM
From: Henry J Costanzo	Respond to of 213176

RX4P.......Here's an updated chart of AAPL.. Mentioned before that several possibilities seemed to be open as to nature and extent of the Triangle pattern forming since Feb. Have now drawn in a possible formation which measures approximately 11 points at its widest point in May....Not going to use that now to set any new target, but would just say that IF the triangle completes, and IF it breaks out, on volume, that COULD measure to at least 55 or so... Before any completion or breakout, though, I would look for considerable backing and filling now between say, 40 and 44....holding Support at the 50d SMA (now 39.80, and rising) and the lower line of the presumed triangle (now about 38.75 and rising).. home.twcny.rr.com