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

To: J R KARY who wrote (24451)	4/29/1999 11:21:00 AM
From: High Grader	Read Replies (1) \| Respond to of 213177

Agreed on the head and shoulders David. We are also being influenced by that long term trend line again way back from 1991. I think Apple could finally break out of that this time. I am still looking at the old target I first came up with on April 17th last year on this thread as a possibility, namely the 51.03 level. I do expect Apple to go a lot higher than that though. I will post a new chart soon that deals with the long term Elliott Wave implications, if ( I think when is more likely) Apple in fact breaks the last high of 45.8125 As for 6 main holders of Apple I don't have any ideas on that. It only takes two people to make a market so 6 should continue to give the little guys a lot of action.

To: J R KARY who wrote (24451)	4/30/1999 3:46:00 AM
From: Moominoid	Read Replies (2) \| Respond to of 213177

Anyone ? Not that charts are not worth following , but I am curious how current and changing events are factored into predictions based on history . 1. I use a wide range of time scales to chart things. I like to see the predictions of different timescales matching up. The best TA methods are very adaptable to new conditions. They limit the speed the situation can adjust at rather than the level the price can eventually go to. I don't subscribe to Elliott Wave theory or to looking at long-term (more than a few months) linear trends. That's my opinion from looking at the data and maybe being a bit prejudiced due to my background in economics and econometrics. 2. In the long term I would invest in AAPL on fundamentals not on the basis of a chart. In short to medium term charts can be useful to guess at likely adjustment dynamics. David