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

To: Moominoid who wrote (477)	1/16/1999 2:14:00 PM
From: WebDrone	Read Replies (2) \| Respond to of 692

David- Friday, options, earnings- pretty darn odd day. I'm looking to buy my shares back- I have rode this macworld run up three times, and I think there is more fun left in Steve Jobs. By sitting on my hands last time, I was able to get shares at $32 3/4. I would like to understand what kind of funkyness created THAT opportunity... sheesh, what a gimme. My thoughts- next week might look pretty good if Brazil looks bad to Greenspan... I'm getting used to these apparent paradoxes. AAPL might never see $37 1/2 again- where I would like to start buying shares back- but then I never expected to get $32s... From my perspective, AAPL is firing on all cylinders. 1)Profits- got 'em. 2)Grow market share- ok, they are doing that now, too. 3)Increase q-q revenues- you asked for it, you got it. despite what the monkeys at the DOJ trial say, people are still concerned about increasing the amount of software for the Mac, and i am starting to hear a few rumblings on the jungle drums that some people would like to see a buy-out. Sheesh. Some people are never happy. Speaking of never happy, now people are bitching that the iMac margins will have to drop. Probably the same people bitching the price is too high. I am interested in what Tim Cook can do when one is building so many identical units with volume discounting. Conclusion- I think the Apple turnaround is pretty apparent, given products we all think are in the pipeline. I also do not think the average person slinging a lot of AAPL shares if as sure as I am. What prices are other people fishing for? Me- $37 1/2 looks pretty good, so does $35. I've never sold puts before, but I'm gonna run the figures this weekend. WebDrone (wants to go ice-fishing. How deep you guys jigging?)

To: Moominoid who wrote (477)	1/16/1999 3:22:00 PM
From: High Grader	Read Replies (1) \| Respond to of 692

The 38% level Fibonacci is at 40.33. Most wave four corrections correct at the 38% level. I expect the EWMACD to now set up a bearish divergence, making a lower high while the price moves to a higher high. This would confirm a wave five and the end of the present wave degree I have been counting. It would also imply that the next degree of waves would then enter a wave four down and in its turn cause a second test of the support levels. Moves in the EWMACD are often telegraphed with the three day RSI. The three day RSI has bottomed and formed a hook. It may set up a divergence of its own, if there is a bit more down activity, but I think this bottom will hold for a bounce up unless it challenges the 50% level at 38.50 which is near the other parallel support resistance line. (Shown in thin red on my Jan 13th chart.) I have come to appreciate the "fundamental " type of research that is contributed on the other Apple thread. Some of the work that is done there is very good and requires a lot of effort. I believe that that type of analysis is as good it gets any where on the Apple thread and my hat is off to the people that make the effort and share so generously. I still would like to see this thread pursue the technical end of the business and become a forum for us to exchange technical ideas, use of indicators etc. Appreciate any comments.