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Technology Stocks : Apple Inc.

AAPL 273.80

+0.2%

3:59 PM EST

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To: Moominoid who wrote (16479)	8/11/1998 11:01:00 PM
From: Phillip C. Lee	Read Replies (1) of 213177

Sam has brought up overbought issue yesterday on post #16413 using RSI chart. However, today's volume reaches 15m+ shares, which will be additional 15m+ on top of overbought shares. It sounds illogical to me. Same as you have mentioned about resistance point at $40 or $41 (even you cannot nail down the exact value). Under today's huge sliding market, Apple performance has been extremely stable with steady upswing. You'd better know when overall market gets better, how Apple stock will respond. Phil

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