The all time low price for AAPL was $1.375 on Jul 8 1982.
That date was both the Australian major bear market low and also 50 years to the day from the Jul 8 1932 super bear low.
It could be construed that another 30 years on, that Jul 8 2012 might be significant. It might as 5 (50/10) and 3 (30/10) have a Fib ratio. Also this time period has major approx significance on several major cyclical time frames.
However for many years I have advocated Jul 8 2013 as more likely. A more important cycle to me but it MAY be a higher low.
It would also be 31 years following 50 years or 62%. Lets call it 0.618 or near enough.
Maybe others can see some price relationships!
Bobbing for apples
Started by
voltaire
, Apr 12 2012 05:04 AM
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