Rest in Peace Steve Jobs! we lost an genius,
icon...
let's take a look at the charts of AAPL on the big picture
decade, weekly, daily, 60 min
12 year weekly
chart - AAPL has been in an uptrend for a long time
now, it's possibly forming a large wedge pattern, long term support
is the uptrend line from 2003. Also it's amazing how during
the 2008 - Mar 2009 bear market retraced an exact 61.8% where it
found support for the next mega run to the $400's. Also with
any company, just when you think a company is unstoppable, it tops
and something else replaces it, consider MSFT, IBM, others.
Eventually this pattern will break down.
Weekly linear
chart- logical support is the uptrend line from the 2009
lows, watch the 60 length stochastics, crossing below the support
line I drew in the high 70's would be a negative
Weekly log chart-
support is the lower trendline.
Daily Chart- Shows
you the recent bear wedge pattern that broke down with negative
divergence. Recently it bounced off the 200 day MA (very
logical). Now the broken uptrend line is resistance.
Also see the previous Elliot Wave example.
60 min chart-
Resistance is the trendline, as well as the Fibs
My wife did some work for Steve some years back. Their meetings
were vintage Jobs; tee shirt, shorts, sandles, feet on the desk.
She exchanged email with him for a few years after that. It was
impressive that he was accessible and that he kept contact with
people. She will be very sad to hear that he is gone. Why
do we have to loose so many of the best who make our lives so much
richer?
This is very sad news. I've been an Apple user and an Apple
investor for 25 years. About 2 weeks ago I got a new iMac. My
review was that Steve Jobs was sicker than I thought. May he rest
in peace and may his vision live on. He was a true genius.
still had to swap 800k floppies to run the system & MS Word
at the same time...600mb hard drive was over $600! Probably have
had a dozen macs since then, plus all the ipods, iphones, etc.
My roomate in grad school picked up a 20MB external harddrive,
and we all thought he was a nutty on the edge guy, living on the
bloody edge of technology.
I kept that one, the SE and a MAC II in my "MAC hall of fame".
Prior to that I worked on the Lisa at a client's office. They were
amazing machines. Oh, don't forget the Newton. Wow.
I met my husband about 22 years ago and he just bought computer
for 10,000 dollars. I remember that he showed me a virus a ping
pong game it was amazing, never saw computer before. Looking back,
he should have put the money in APPLE stock, what a sad story to
loose such a talented man in prime of his life
Steve Jobs and AAPL
Posted by matt on 5th of Oct 2011 at 09:10 pm
Rest in Peace Steve Jobs! we lost an genius, icon...
let's take a look at the charts of AAPL on the big picture decade, weekly, daily, 60 min
12 year weekly chart - AAPL has been in an uptrend for a long time now, it's possibly forming a large wedge pattern, long term support is the uptrend line from 2003. Also it's amazing how during the 2008 - Mar 2009 bear market retraced an exact 61.8% where it found support for the next mega run to the $400's. Also with any company, just when you think a company is unstoppable, it tops and something else replaces it, consider MSFT, IBM, others. Eventually this pattern will break down.
Weekly linear chart- logical support is the uptrend line from the 2009 lows, watch the 60 length stochastics, crossing below the support line I drew in the high 70's would be a negative
Weekly log chart- support is the lower trendline.
Daily Chart- Shows you the recent bear wedge pattern that broke down with negative divergence. Recently it bounced off the 200 day MA (very logical). Now the broken uptrend line is resistance. Also see the previous Elliot Wave example.
60 min chart- Resistance is the trendline, as well as the Fibs
My wife did some work
Posted by jroger on 6th of Oct 2011 at 12:04 am
My wife did some work for Steve some years back. Their meetings were vintage Jobs; tee shirt, shorts, sandles, feet on the desk. She exchanged email with him for a few years after that. It was impressive that he was accessible and that he kept contact with people. She will be very sad to hear that he is gone. Why do we have to loose so many of the best who make our lives so much richer?
That's very nice to here
Posted by matt on 6th of Oct 2011 at 12:41 am
That's very nice to here roger
This is very sad news.
Posted by sbwoman on 5th of Oct 2011 at 10:42 pm
This is very sad news. I've been an Apple user and an Apple investor for 25 years. About 2 weeks ago I got a new iMac. My review was that Steve Jobs was sicker than I thought. May he rest in peace and may his vision live on. He was a true genius.
1st computer was a Mac 128k in 1986...
Posted by lessarda on 5th of Oct 2011 at 11:34 pm
still had to swap 800k floppies to run the system & MS Word at the same time...600mb hard drive was over $600! Probably have had a dozen macs since then, plus all the ipods, iphones, etc.
600MB! I remember when 20MB
Posted by steveo on 6th of Oct 2011 at 01:12 am
600MB! I remember when 20MB was big! OK, I guess that means I am kind of old....LOL
Steveo, the first computer I
Posted by mamaduck on 6th of Oct 2011 at 01:34 am
Steveo, the first computer I used pre-dated hard drives in PC's. Does that make me "older"?
My roomate in grad school
Posted by steveo on 6th of Oct 2011 at 01:58 am
My roomate in grad school picked up a 20MB external harddrive, and we all thought he was a nutty on the edge guy, living on the bloody edge of technology.
Older but honorable, how is
Posted by steveo on 6th of Oct 2011 at 01:56 am
Older but honorable, how is that!
Actually I was a mainframe hacker in like 1976, before the word hacker ever existed.
my first computer was a
Posted by matt on 6th of Oct 2011 at 01:09 am
my first computer was a 1987 Packard Bell, 286 CPU. I still have the box down the basement LOL
I kept that one, the
Posted by sbwoman on 5th of Oct 2011 at 11:46 pm
I kept that one, the SE and a MAC II in my "MAC hall of fame". Prior to that I worked on the Lisa at a client's office. They were amazing machines. Oh, don't forget the Newton. Wow.
I met my husband about
Posted by thermo on 6th of Oct 2011 at 02:21 am
I met my husband about 22 years ago and he just bought computer for 10,000 dollars. I remember that he showed me a virus a ping pong game it was amazing, never saw computer before. Looking back, he should have put the money in APPLE stock, what a sad story to loose such a talented man in prime of his life
Can u provide your stockcharts links for these charts? Thanks
Posted by grueneich on 5th of Oct 2011 at 09:14 pm