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

To: Golden Bear who wrote (451)	11/13/1998 9:00:00 PM
From: High Grader	Read Replies (2) \| Respond to of 692

I would use a trend line across the last tops and if the price moves through that, expect a pull back to test it. The high at 38.3750 will also signal a bullish move if/when it is passed. Then the Fibonacci targets are the next things to watch. I can't guarantee this is the correct wave count but it has been behaving as predicted in terms of how choppy it has been. I have been looking at the 51.03 target since last April. A strong move might make it there, but I think the 47.47 to 48.49 area is possible. I wonder if anyone has done a study on the common chart patterns, head and shoulders etc. and how they relate to Elliott Waves? In this case we have two popular methods working together, which is interesting.