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To: Edward Boghosian who wrote (128242)3/18/2012 3:37:55 PM
From: Cogito6 Recommendations  Read Replies (1) | Respond to of 213177
 
>>If someone accepts that the most current gap will be filled as stated in one of the posts, then the earlier gap should also be filled. If one does not accept the fact that the earlier gap does/will not have to be filled but accepts the current gap should/will, then gaps do not necessarily have to be filled. Show me then where in the publications on technical analysis of securities it states this. I'm under the impression all gaps should be filled-sooner or later. If not, then, what decides which gap(s) is/are filled and which ones are not?<<

I think pointing out that there was a gap around 7 that has never been filled is a pretty good answer. The fact that a lot of people believe gaps have to be filled doesn't make it so, and I know Henry doesn't believe that. A lot of gaps do get filled, eventually, but that doesn't prove that it has to happen.

Just my opinion.



To: Edward Boghosian who wrote (128242)3/18/2012 4:19:09 PM
From: Doren3 Recommendations  Read Replies (1) | Respond to of 213177
 
Henry is pretty gracious about giving us his opinion. In fact I think Henry could probably charge people for his opinion. That doesn't mean he has time to justify his thinking on TA, which is at best an imperfect science which requires interpretation and sparks a lot of disagreements.

Personally I tend to think Henry knows volumes more than me, and his bank account no doubt proves it, so I thank him for what he gives and rent some books from the library hoping some day I will be giving TA pointers.

: v )



To: Edward Boghosian who wrote (128242)3/18/2012 5:58:11 PM
From: Win-Lose-Draw3 Recommendations  Respond to of 213177
 
There is no correlation - none, zero, zilch - between the odds of a price point filling and whether or not that price point is inside or outside a gap. Or put another way, a price $X away from the current price will fill at exactly the same rate whether it's in a gap, or not in a gap.

This is easy to demonstrate, and there are decades of freely available data with which to do so.



To: Edward Boghosian who wrote (128242)3/18/2012 5:59:35 PM
From: Sr K1 Recommendation  Respond to of 213177
 
Eventually, we're all dead and eventually the sun will burn out and collapse. So all life on earth or almost all life is expected to end, including Apple, unless we as a civilization move off the earth. I don't think Siri will make that trip, but I could be wrong. And it might not happen for a few tens of millions of years. That's beyond my investment horizon.

And, just because someone accepts that something will happen doesn't mean that that thing will actually happen.

Apple investors need and even benefit from naysayers.