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Technology Stocks : Apple Inc.
AAPL 278.72+0.5%Dec 10 3:59 PM EST
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To: HerbVic who wrote (21355)12/22/1998 1:57:00 PM
From: Golden Bear  Read Replies (1) of 213176
 
HerbVic, it appears the shorts are falling all over each other, trying to cover, making it tougher for them to make an organized assault on the ASK. Everytime they seem to calm things down, one of them jumps from the ASK to the BID with a large chunk of shares. There are new buyers too, but most of them are waiting back, hoping it will drop back down.

38.00 looks good to me by end of day.

Note: this is a major break-out from the recent downward trend. By my count, we had a technical break-out at 36.50 (wow!).

Marc
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