Apple Computer Inc. (AAPL) '06

[phobophobia]

Hello everyone. I figured it was about time to start a new thread to commemorate Apple's continued success, stock price all-time highs, and an important statistic.

Apple is now worth more than Dell.

72.13B Apple
71.97B Dell

I'm sure it's just a fluke, or, better yet--a fad?

Thank goodness Microsoft doesn't have any competition.

LOL.



Apple to $100+

[New-born baby]

If you don't mind . . . .

Phobia:

I am posting this chart because today AAPL seems ready for a strong pullback. The chart formation that calls for this pullback is strong. I am sure that there are many bears out there who also look at the chart and will be
eager to short AAPL down to lower levels. The target at the current time is $54.30 or less, a pullback in the area of 21% from current levels ($68.81-54.30).

If this post is offensive, I'll delete it. But I want to sound a warning to potential MM buyers at this level.

http://img154.imageshack.us/img154/2525/chart11ym.gif

[spikefader]

It's a cruel cruel world we live in ain't it Phobo! hehehe

It's seriously cruel and comically ironic that the very next trading day after phobo's post AAPL had only enough strength to journey another 11 pennies higher than the previous close....and has sold off hard to the tune of 24% in 18 trading days since.... :eek!

Let this be a reminder that just when we're feelin' good about a pick we like; it's maybe time to dump it! jejeje

[ricofrans]

AAPL forming double bottom?

A bit early to say but seems to me that AAPL is forming a double bottom.
The next couple days may tell us whether the down trend continue or reverse.

Any thought?