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


To: Bill Jackson who wrote (8693)2/22/1998 11:52:00 PM
From: shortlong2  Read Replies (2) | Respond to of 213173
 
Bill : T.A. can not be written off as easily as you suggest. You have to remember that the camp of people that look at a stock from the T.A. point of view also are purchasers of stock, and when you see a technical opinion of Apple at a Strong Buy dated 2/23 as I just did, it at the very least convinces me not to sell. Have you ever looked at a chart of a stock and see a huge increase in volume and a nice spike up, then try to dig up the fundamental reason why this is happening but for some strange reason can't seem to find any "news"?? Well it tells you that something is going on , positive or negative whichever way the stock happens to be headed . You and I may not know what is going on , but somebody definitely does and you can not hide that fact when you simply look at a chart of the stock. Fundamentalist's alone do not make a stock market. Bill