SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: van wang who wrote (9697)3/18/1998 8:53:00 PM
From: Phillip C. Lee  Read Replies (3) | Respond to of 213176
 
Van,

Today's tide doesn't seem to recede much. From Yahoo's 1-minute
chart, it indicates there is little opportunity for shorts to cut in
and buy back except the first 20 minutes. It stayed above $26.5 after
9:50 am, built a downwards resistance point at $26.5625 and shot up to
daily high in the last 3 minutes of the trading hours. It's amazing, tricky
and is also an alarming signal for shorts to better take any
opportunities of pulling-backs in the future. Hopefully, there are
such chances tomorrow for shorts to cover up.

Phil