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Technology Stocks : AAPL? How to trade/invest?

AAPL 270.21

+0.4%

Nov 4 3:59 PM EST

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To: Jaime H. Ayalde who wrote (25)	4/17/1996 10:42:00 PM
From: xu, b.	of 162

<Well, taking out the write down & restructuring I get (1.79). Worse than any analyst expected.> I think the market is waiting to squeez out the last bulls of AAPL, probably you and me. Kidding. I am out already as I have taken a neutral position. But I am waiting to switch to long anytime from now. I still have an up bias on AAPL and it's becoming stronger. It depends also on how the market will react on today's news. Jaime, I remember you mentioned that you use the volatility of 5 days to determine you stop. The stop is still 24 5/8? I thought a little bit too tight as you will encounter too many wipsaws. I have observed for the past 3 years that whenever a bad report from Apple hits the market, AAPL drops 2-3 points even though the new was leaked well before. Only my opinion though.Let's have a look tomorrow. Good luck

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