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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: inaflash who wrote (68892)9/19/2007 4:52:50 PM
From: Doren  Read Replies (2) | Respond to of 213177
 
Yeah its weird. Yesterday, even though Apple was up, I thought it was weak. It should have been up more as lower rates mean a weaker dollar hence Apple products would be cheaper overseas.

Apple usually follows the NASDAQ albeit in a magnified way but today's precipitous drop was an anomaly.

I think it must be institutional selling.

But there seems to be resistance around 140.



To: inaflash who wrote (68892)9/19/2007 6:02:53 PM
From: billcasto  Read Replies (1) | Respond to of 213177
 
Selling at the end because some rumor mongers are spreading rumors again about Jobs and options. As before, any drop in price because of options is a buying opportunity.


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