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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 168.90+4.9%Dec 5 9:30 AM EST

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To: Frodo Baxter who wrote (2523)2/21/1998 8:08:00 PM
From: tom pope  Read Replies (1) of 9256
 
I agree Lawrence. APM's recent (relative) strength and decent looking chart make no sense, and probably are a manifestation of the rising tide lifts all ships phenomenon. If the tide stops rising (meaning if the S&P were to dip below 1000, f'r instance) APM becomes a very good short play.

Maybe a modest initiation of a position on Monday? It's tempting....
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