Apple Computer (AAPL): Analysis and Forecasting Message Board

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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting

AAPL 260.68

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1:13 PM EST

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To: Marc Newman who wrote (293)	7/21/1998 5:06:00 PM
From: Zen Dollar Round	Read Replies (2) of 692

And could someone say something about the day's low today? I missed it but assume it means our gap was filled. However, I had an order in for my mother's account at $35 and it wasn't filled. How long did we go below $35 and did anyone get filled down there? A quick look at the daily chart shows AAPL didn't down to 35.00, and only briefly touched 35.44 at about 3:40 EST. Your order didn't fill because AAPL didn't get down to 35.00 on the day. However, checking the 1-minute chart seems to show an instant where AAPL touched 35.00 (at 3:40 EST) only to immediately rebound to 35.50, so perhaps a MM dropped the bid to 35.00 for an instant? I confess, I don't know enough about how data is generated for those 1-minute charts to make much sense out of them, but you'll see that the official low for AAPL on the day was 35 7/16, or 35.44. Here's a link to AAPL's 1-day chart at Yahoo, which I think you'll find pretty easy to interpret: quote.yahoo.com I agree, those 1-minute and 5-minute charts can look a little strange!

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