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

To: High Grader who wrote (423)	8/19/1998 6:07:00 AM
From: May Tran	Respond to of 692

Do we expect to see AAPL at it high 46 by this Friday?? (according to the graph, it is) Johnny

To: High Grader who wrote (423)	8/19/1998 11:04:00 AM
From: Sam Scrutchins	Read Replies (2) \| Respond to of 692

High Grader, I followed the Elliot Wave theory for years, as defined by Robert Prechter in the 80's. I read his book twice, and found some of the information very appealing. At the time, however, he maintained that the theory worked mainly on indices with a large basket of stocks and to a lesser extent with commodities. Prechter's fall from grace did not diminish my appreciation of Elliot's insight. What has changed during the 90's that makes the theory applicable to individual stocks? I must admit that your software's calls on Apple have been compelling. TIA for your reply. Also, do we really have a breakout today? I thought the range was between about 48 3/8 and 48 3/4 as you called a couple of days ago. Haven't we simply touched the upper side of the range, and thus remain vulnerable to a retrenchment? I bought more puts today in anticipation of a pullback, but I am also very amenable to taking a loss and going long again. Sam

To: High Grader who wrote (423)	8/21/1998 10:56:00 AM
From: Andrew Danielson	Respond to of 692

High grader, I'm going out of town tomorrow, so I won't be able to witness stock action next week. I just wanted to say that if AAPL bottoms at your 38 projection, then this entire thread will officially proclaim you God. The # of bottoms and tops you've hit on AAPL are amazing, and now as I watch AAPL is proceeding downward at a quick pace just as you suggested it would. Good luck next week, Andrew