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Technology Stocks : Apple Inc.
AAPL 271.08-0.4%2:10 PM EST
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To: .com who wrote (23872)4/11/1999 9:17:00 PM
From: HerbVic  Read Replies (1) of 213177
 
Yes perhaps I am overly optimistic. I usually am.

But I don't really expect the collateral sell off to last very long, so I don't expect a revisit to minimum support. What I really expect is for buying to kick in as soon as AAPL drops below 34 and again at 33 if the first wave doesn't stem the tide. Then AAPL should finish the day just north of 35.

My guess is for a gap down to 35 1/4 at the open Monday.

But I'm not suggesting a 36 entry! I'm only suggesting that any entry below the Friday close of 36 1/4 still has a strong likelihood of opportunity for a profitable exit, especially with the entire month as a time horizon.

Now that's a lot of guessing, and it's only conjecture without any TA.
HerbVic
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