Marvell Technology Inc (MRVL)

[SyndicateTwo]

Well, assuming the Aug low to the Nov high = your 3rd wave, which it clearly looks like, then this 5th wave projects to $232, then $282 on 1.618%.

So, could be.

But 5th waves are very ugly sometimes. I'm just not so confident of AAPL because of the extremes it's making on a sentiment basis. Face it, AAPL is the master of scaring shorts. Jobs does a great job of constantly keeping short sellers on the wrong side with constant new products, each of which have the potential to be a new iPod success. That keeps the true sellers from selling or at least having a reason to sell.

Right now it looks like it's in a 3rd of a 5th. $200 looks to be a sure bet. It's already confirmed the 5th with a new high over last month's high.

But in any event, this is the last horrah for AAPL wherever it goes.