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Technology Stocks : AAPL? How to trade/invest?
AAPL 270.37-0.4%Oct 31 9:30 AM EDT

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To: xu, b. who wrote ()4/9/1996 12:25:00 PM
From: xu, b.   of 162
 
AAPL, where are the bulls and bears? Am I the only player in town?

Again, I noticed the negative correlation of AAPL with broad market yesterday. This is an observation only. I have not solved the puzzle yet. Any comments?

AAPL seems to be in a classical bottom forming stage. Now it's market maker's game. I have my position put up and am keeping my finger crossed. I can not see any clear direction in short term (read as 1-3 weeks). It needs to get out the recent trading range between 23-26 to decide where it wants to go. I still hold the believe that an upside move is the most possible case. Waiting until the market tells me that I am wrong.

Ciao,
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