SI
SI
discoversearch

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 259.35+0.1%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Phillip C. Lee who wrote (13610)5/14/1998 6:55:00 PM
From: HerbVic  Read Replies (1) of 213182
 
I'm expecting AAPL to give back a little Friday. The future looks as bright as Apple Pie to us, but the street is trying to protect their misguided short positions. The question is: How much?

MY SPECULATION
How long is not a problem. It should spring back next week with a vengeance. The opening Friday should see AAPL dive below 30 and try to catch hold at 29 3/8. This will fail but 28 3/4 will firm the bottom. After a wild and volatile day the stock will close at around 29 1/8.

The likelihood that I am wrong is MUCH greater than the likelihood that I am right. It's just fun to guess.

Another thing. Indonesia and India may spark a withdrawal concert on all over valued issues. Or they might blame it on the last episode of Seinfelt. Watch out early. It may be a good day to be sitting on CASH.

Good hunting,
HerbVic
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext