AAPL has had a multi-year parabolic rise and is now headed down the slop-of-hope on the downside of the mountain. AAPL is in a stage 4 decline. The slope-of-hope means that the bagholders are locked in by each dead-cat dump-out rally on the down slope of the other side of the parabolic rise as they say to themselves that they shouldn't sell AAPL or any of the other parabolic-rise stocks because those stocks are temporarily rising as the strong hands dump them out. I remain open to the possibility that AAPL could lose 200-300 points over the next several years.
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