Friday, January 11, 2008
Time to bite on Apple?
I'm thinking Monday morning is time for me to start buying into AAPL. The last 3 tests of the 100EMA proved to be good long opportunities. Those three tests also coincided with extreme oversold conditions. It seems the lack of new product enthusiasm coming to next week's macWorld has stimulated the most recent sell-off and can be the reason for a continued price decline should buyers not get excited at the '08 macworld expo. 3G iphone?!? We shall see.