TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (11314)	9/24/1999 12:53:00 AM
From: TheNoz	Read Replies (1) of 59879

Another short candidate. AAPL, broke sharply today. If Gateway and Dell and the rest are facing sales slowdowns how can AAPL be valued even in the 60's? (I said the same in the 50's and got stopped out on the way up, so don't bet the farm!). Today's decline indicates that while the party may not be over the band is taking a prolonged break IMHO. Cheaper to buy AAQVN than short the stock, a little premium but even if AAPL rebounds a point or two the options won't track 1 for 1 on the upside, they will on the downside. FWIW

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