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Technology Stocks : Apple Inc.

AAPL 273.67

+0.5%

Dec 19 9:30 AM EST

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To: Alomex who wrote (10228)	3/27/1998 2:53:00 AM
From: Moominoid	Read Replies (2) of 213177

The smart money already bailed out of this one. Have a look at the chart: it has consistentily traded over 3 million shares daily for the last month. Technically this stock has hit a wall at 28.00 I agree. next stop 22.50. I'm changing my position today on the short-term for Apple. On the basis of my time series TA charts the trend in AAPL looks weaker than it's been since last September. I just placed an order to sell half my shares (not that I have that many). I'm not sure if this will be a short-term or longer term reversal on this technical basis. David

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