AAPL and momentum  Posted by: FSM  AAPL and momentum - 02/20/08
06:33 AM  most stocks tend to move in trends. there's a chart
that measures this momentum called the MACD. if you look at AAPL
over the past year and past 3 months you can see the trends in
momentum:<br><br><br><br><br><br>actually, AAPL has very little
momentum below the red line so they aren't a good stock for this
MACD (i even mislabeled when to buy in the chart above because i
was just looking at the 3 month rather than the whole year
chart). but right now, AAPL is in it's down trend . . .
presumably it will head up soon; although, it had UP UP UP for
so long that it's hard to tell. i am reading a new book on short
term stock trading. the book is trying to make things safer
(also reduces the potentially for a big gain). they recommend
waiting until the momentum hits the the middle in this chart, so
not buying now is what they'd suggest even though the stock is
priced so low (perhaps now is the time for long term traders
though). so i'd be buy