Schaeffer’s ‘Street Chatter’ features Apple Computer, Inc.

Today’s Schaeffer’s Street Chatter features Apple Computer:

“Apple Computer has officially shipped out its PowerMac G5, billed as the fastest personal computer available, with a 64-bit desktop processor and a 1 GHz front-side bus. The computer was announced on June 23 and has received approximately 100,000 orders to date. Technically speaking, AAPL shares have been hugging their ascending 10-week moving average for the past several weeks. This intermediate-term moving average has acted as support over the past four months. Turning to the sentiment page, Schaeffer’s put/call open interest ratio (SOIR) for AAPL stands at 0.79, which ranks in the 49th percentile of all measures of this sentiment indicator taken over the past 12 months.”

More info here.

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