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


To: Don Green who wrote (52003)3/29/2006 4:11:36 PM
From: Kip S  Respond to of 213186
 
Do you think it can last?

70-20-10


Know you like that "rule," Don, but c'mon, AAPL has been moving on its own, pretty much independent of the market, for over two years now. Do you see a big market downturn ahead?

Kip



To: Don Green who wrote (52003)3/29/2006 4:12:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 213186
 
I don't know what 70-20-10 means in this context Don, you are going to have to 'splain it to a trading dummy like me.

Pretty much ALL the hot stocks, goog,aapl,mrvl ended up bouncing on their 200dma. Maybe there is something to this TA thing after all.



To: Don Green who wrote (52003)3/29/2006 6:18:15 PM
From: Cogito  Respond to of 213186
 
>>Do you think it can last?

70-20-10<<

Don -

Well, certainly the "20" wasn't the driver for today's action, considering that AAPL moved up a LOT more than DELL or HPQ. The "70" isn't it, either, given the overall market's .74% increase on the day. (I'm using the S&P 500 to gauge the general market.)

So if you think that Apple's "10" is nearly used up, then you'd bet this wouldn't last.

I'd bet against you on that, particularly since applying the 70-20-10 rule doesn't really explain AAPL's performance for the past two or three years.

- Allen