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No Leadership from Apple Right Now

Gawed (and Mr. Bass) - maybe it's a question of semantics, or maybe it's a question of accuracy. The analysis of moving averages changes depending on the period of time used. As I said, on a 60-minute basis, the article is correct as to the moving averages noted. The article is misleading regarding the moving averages on a daily basis. Whether you use a daily, monthly or weekly chart is irrelevant if the measurement period remains the same. My point is only that the article is confusing when a 60-minute period is used to extrapolate daily information

No Leadership from Apple Right Now

Mr. Bass - I don't understand how you can post a 60-minute chart and extrapolate a "daily" analysis. Your assertions regarding moving averages may be correct as to the period (I.E., 60 MIN.) involved but not to any other period. What does your analysis show on a DAILY basis?