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Apple Inc. Message Board

  • jpomper jpomper Jan 26, 2013 12:54 PM Flag

    The Microsoft lesson, the parallel to AAPL

    )Microsoft topped dec.1999 at $60.
    -The price fall back into the range of 38.2%-67.7% of the top.
    -It lost a max. of $39 from the top, exactly 1 year after breaking down from the top.
    -Since then, all 12 years long, it oscillates between $21 and $37 range.
    -On the way down, MSFT dropped in 5 months first to 50%, rebounded in 2 months to 18%, and the then dropped to bottom in 5 more months, to 38.2%.

    2)AAPL topped at $700. If the above parallel holds:
    -AAPL should fall in a year into $440-264 range, and stay there for the next 12 years.
    -on the way down, currently AAPL is at 5 months decline, it is time for the first rebound bottom at $440,
    and should rebound in the next 2 months 18%, close to $520.
    From that point we might expect AAPL price to fall for 5 months, bottoming sept.2013 at $264.

    If it follows the MSFT pattern.
    The psycology is pretty much the same.

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