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To: Henry J Costanzo who wrote (129336)2/9/2006 5:06:14 PM
From: Win-Lose-Draw  Respond to of 209892
 
...I hear tell some gurus on other threads have been talking about an H&S top made by AAPL...

Yeah, maybe one drawn by Pollock. The "non-representational" H&S!

-g-

As of today, I now have AAPL stopped-out of the weekly uptrend as well ($66ish was the trigger). Daily downtrend looking good, but with an impressario at the helm, who the hell knows how it will end?



To: Henry J Costanzo who wrote (129336)2/9/2006 5:10:56 PM
From: IHateSourCream  Respond to of 209892
 
Thanks mc. I appreciate your feedback.



To: Henry J Costanzo who wrote (129336)2/9/2006 7:48:47 PM
From: skinowski  Respond to of 209892
 
I'd say decline from the high so far has traced out an a-b-c corrective pattern...with 5 of c likely launching this morning

AAPL - THe hourly offers nice EW patterns. Agree with your analysis, it's an abc, with C=78.6% of A. That's the best read for now. Moving it to the front burner... if Mr. Market is in a bullish mood, I'd like to be long.