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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (5790)	3/3/2005 8:53:05 PM
From: Walkingshadow	Read Replies (1) of 8752

Hi Reid, << AAPL is going to hit the lower L/R channel tomorrow and form a hammer as shorts cover and buyers step up to the plate. >> I suspect that lower rail will get hit intraday, but the close will be above that point. Tomorrow should be a good buying opportunity for AAPL. I don't think there will be a significant short squeeze... only about 30 million shares are held short, and that is only 1 day's trading volume. T

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