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


To: Phillip C. Lee who wrote (10246)3/27/1998 9:33:00 AM
From: Matthew Johnson  Read Replies (5) | Respond to of 213177
 
Hi all,

I am a virgin Silicon Investor so please be gentle with me if i do or say anything wrong.

I am a first time investor and i got in to AAPL at 19 dollars. I have been reading your posts and everyone seems very nervous about aapl today and in the next few days (from reading the posts i gather good news is coming in April via earnings). I am wondering if there is a site to get minute graphical updates on the stock?

I am a Aussie and its 1:30am here. This is the first time i have stayed up to actually watch the market because ppls posts over the last 24 hours have been not so cheery.

and Phil, i have watched your posts over the last few weeks and you seem to have a good eye for prediction...... tell us its going to be alright.

thanks

from a nervous newbie



To: Phillip C. Lee who wrote (10246)3/28/1998 2:01:00 AM
From: Moominoid  Read Replies (2) | Respond to of 213177
 
The first AskxBid prices this morning: 26 5/8 x 26 9/16

Well, it's still too early to say, but looks pretty stable.


The steadiness or in technical terms stationarity is exactly what's bothering me. My TA method considers these time series properties of the data. One of the things I look at is this aspect. In the recent short-run time frame the series has become stationary rather than a random walk. Stationary series are series that tend to revert to the mean rather than move in a random walk pattern. I have found that in the past Apple (and other stocks) tend to collapse soon after (days or weeks) becoming stationary. At the least they stop going anywhere. Sometimes the indicator is wrong but more times it is right.

David