Replies to post #3977 on MMStockPlay''s Money Makers

[Bob-C]

Hiya Sam, good to hear from you. :)

APPL has undergone a major parabolic rise combined with major distribution at the top from the strong hands to the weak hands including fund managers who chased the stock and many of whom will hold onto their AAPL stock all the way down as they ride the "slope of hope." All parabolic rises end badly; think of the "South Sea Bubble," "Tulip Mania," RCA stock crash and 1929 stock-market crash, the 1987 stock-market crash," and the "dot.com" crash among many prominent parabolic rises that ended in ashes for the bagholders. AAPL will most likely have rallies and declines as it eventually progresses lower over the IT and LT. GOOG will have is eventual parabolic downside too.

The AAPL monthly TL chart clearly depicts AAPL's parabolic rise.

There are 4 key stages in the life of all securities and commodities: Basing, Rising, Plateau, and stage 4, the Declining Stage; IMHO, AAPL is in stage 4.

Here is the AAPL montly TL chart:



Good luck on all of your investments and trades.

Best,

Bob