Weekly rating update
On May 3, 2008, an anonymous member posted the following:
Verrry Interesting This week AAPL slips a tad in a “leading investment newsletter’s” 100 list of stocks. But on the chart view the box border is bolded, denoting it is within 5% of what they consider a good buy point:
No mention of what type of base. Usually a chart gets bolded because the stock is technically strong and is at some buy point in a chart pattern, or has pulled back to the 50 DMA avg. No clue from the “leading investment newsletter” about why they bolded AAPL. (it can’t be the 50 DMA deal, AAPL is too far off that). The computer manufacturers group is slowing climbing out of the depths as you can see above: 115 out of 197 now.
The blurb in the list view just references the fact that they are moving jobs from Elks Grove to Austin. That was all the person writing could think of that was newsworthy? Hello, WWDC in a month? 3G iPhone maybe? Movies on iTunes the day they go to DVD? LOL
AAPL also made the list of Top/ Supply demand companies from the Thurs. Edition this week, which purports to list stocks under demand from top performing mutual funds. RIMM is in there as well as high in the 100 list.
techstock2000 @ May 3, 2008