Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting -- Ignore unavailable to you. Want to Upgrade?

To: Sam Scrutchins who wrote (289)	7/17/1998 11:38:00 PM
From: Jon Tara	Respond to of 692

LOL on the analyst upgrades - that has been my observation as well. I have learned to head for the hills when the analysts all upgrade! :) I intend to go back into AAPL. I did manage a 7/8 profit in SUNW today (in in the morning on the pullback, out in the afternoon), which is better than the erosion of my AAPL position had I stayed in. I sold AAPL yesterday and SUNW today on a crossover of the MACD of the RSI on 1-hour bars. This is usually a pretty reliable indicator of short-term tops, though it got me out a bit later than your intuition. You do have to move quickly on this, because when it crosses-over, the handwriting in on the wall.