Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 279.27

-0.5%

2:20 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric Yang who wrote (8826)	2/26/1998 8:21:00 AM
From: Phillip C. Lee	of 213173

Eric, There is one point regarding shorts volume, which is the "available" number of "virtual" shares circulating in the market will be reduced. The volume in the market is about 30m- volume based on my previous post's analysis, and shorts volume has been reduced to 12m+ from 19m+, so the total market volume will be around 42m (the rest has been held as either long investment or caught in higher prices.) The period of the cycle of entire volume on the market changed hands will be reduced from 18 to 15 trading days. Another words, the price will be up dramatically with less volume in the near future. If the trading volume keeps its pace with the last three days, then the period of entire cycle will be reduced to 7-8 days, which matchs the progressive reduction volume theory as its price drives higher. The shorts must realize the above situation to reduce their risks since there is no limit on upward price theoretically. Phil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next