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


To: eric siegel who wrote (10342)3/28/1998 2:46:00 AM
From: Moominoid  Respond to of 213186
 
David,your analysis is sound.Get your stop losses in there and save yourself some pain.

A stop loss order could be a good idea though I'm not sure what to set it at. I'm asleep when the markets are actually open.

As much as I dislike this co.

My problem is dissociating my wish that there will be Apple compatible software/hardware around for me to use (been a Mac user since 1990 hate PCs, this is a Power Computing machine I'm using due to Apple's outrageous pricing policies in Aus till a year ago) from making money on Apple stock. So I'm hoping the news will be good.



To: eric siegel who wrote (10342)3/28/1998 10:15:00 AM
From: Sam Scrutchins  Respond to of 213186
 
David,your analysis is sound.Stochastics,RSI and momentum have been falling all week.

Eric,

I hope you do not make your investment decisions on these facts alone.

I will have to study the Stochastics and momentum more closely, but the RSI decline is a welcome sight for a bull like me. It has been drastically into overbought conditions for a long time, and any pullback without a significant decline in price is welcome (as long as the price movement parallels the RSI movement -- I don't like divergence). What this means to me is that there is now more room on the upside for Apple to break out of its long-term reversal pattern.

BTW, what time period are you studying for your indicators?

Sam