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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (5363)11/8/1999 9:47:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

APLX: Up-gapped again this morning, on somewhat smaller volume than on November 2nd (First hr today 706,100 vs.980,100 on Nov2) but today's H at 15 1/2 was above the 15 H on Nov.2 It seems it may come down to close the gap at 13 3/8 or at least retest Friday's H at 13 3/4.

I was not paying close attention and did not lighten my position around 2.15PM when the intra-day rally failed at 14.687. but I feel confident it should be re-testing the 18 to 20 area before long. I suppose today's action was in sympathy with Red Hat and all the Linnux talk with MSFT's problems.

Bernard