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Apple Inc. Message Board

  • melt_these melt_these Jul 1, 2013 12:26 PM Flag

    Charting Is a Joke (But the Double-Bottom is In!!)

     

    Charting is a total joke ......... BUT ...... the hopelessly clueless Chartists, Technicians, and Technical Traders will be mindlessly convinced that the huge Double-Bottom is In!!!! Wooo-hooo!!!! ... Time To Buy because of the Double-Bottom (does that term refer to J-Lo and Beyonce?)

    With a Double-Bottom the width of 2 1/2 months, there's no doubt that the Chartists, Technicians, and Technical Traders will jump into Apple big-time. The first bottom was at $385.10 (on April 19, 2013) and the second bottom was at $388.87 (on June 28, 2013) ... $385.10 followed 2 1/2 months later by $388.87 ....... that's Close Enough(!!) say the Chartists, Technicians, and Technical Traders.

    So that's (yet another) huge positive for Apple stock going forward (even though I think Charting is a total fool's errand .... but my poo-pooing of Charting will never hold back the Chartists, Technicians, and Technical Traders from enthusiastically jumping into Apple stock bigtime. (You'll see.)

    Apple 2020

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