(C) 2013 William Schmidt, Ph.D. www.tigersoft.com
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An AAPL decline in a strong market does not mean that the general
market will turn weak.
See June 83. AAPL fell from 6.5 to 2.5 despite rising market. ITRS fell to -.50.
Feb 85 - AAPL fell from 3.25 to 1.8 despite rising market. ITRS fell to -.40.
April 1991 - AAPL fell from 15 to 10.5 despite rising market ITRS fell to -.40.
April 1992 - AAPL fell from 15 to 10.5 despite rising market. ITRS fell to -.20.
June 1993 - AAPL fell from 13 to 6 despite rising market. ITRS fell to -.50.
Despite rising market in 1995, AAPL was flat for the year.
Despite rising markets in 1996 and 1997, AAPl was down.
Look for Completed Head/Shoulders: 12 of 12 worked.
end of 1982 - no neckline penetration and fails
May-June 1983 AAPL drops from 6 (neckline) to 2.5
June-July 1988 AAPL drops from 11 (neckline) to 9
Aug-Dec 1989 AAPL drops from 10.5 (neckline) to 8.5
June-July 1990 AAPL drops from 10.0 (neckline) to 6.5
Jan-March 1992 AAPL drops from 15.5 (neckline) to 10.5
Oct-Nov 1994 AAPL drops from 10 (neckline) to 8.5
May-Aug 1995 AAPL drops from 10.5 (neckline) to 4.5
Feb-Apr 2000 AAPL drops from 27 (neckline) to7
Jan-July 2001 AAPL drops from 10 (neckline) to 7.5
Jan-Feb 2006 AAPL drops from 70 (neckline) to 52
July-2007 AAPL drops from 130 (neckline) to 115
Sept. 2012 AAPL decline in progress.
Look for flagrant negative non-confirmations by Accum. of new highs.
Sept-Oct 1987
Aug 1995 - right shoulder apex with IP21 NNC
May 2000 - right shoulder apex with IP21 NNC
Jan 2006
Dec 2009
Charts:
