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

To: RX4PROFIT who wrote (13540)	5/12/1998 10:03:00 PM
From: Phillip C. Lee	Read Replies (3) \| Respond to of 213177

<<TA '5/13' from Second Opinion "AAPL IS A STRONG BUY">> Dennis, I believe the Second Opinion's accuracy. Their technical analyses provide us more supportive direction. Given today's final hour's rally, the upward trend seems to be continuing at least for tomorrow morning. I think Apple will climb back to $31 pretty soon. Today's a typical profit-taking and there is a strong support at $30. The options to expire make the situation more complicated. Microsoft's anti-trust case on Thursday will impact the entire tech stocks as a whole. I am optimistic on Microsoft's case which indirectly benefits to Apple's stock in the short term. Phil

To: RX4PROFIT who wrote (13540)	5/13/1998 6:35:00 AM
From: Moominoid	Respond to of 213177

FA/TA Bollinger Bands (20 day average) are tightening @ 21 (David, how does the 20 day avg compare to your 34 calc?) On my 34 day chart the tightest point was at the end of April and since then we moved up from the moving average itself to the upper Bollinger band. We look like zig-zagging along between the MA and the upper Bollinger Band in the near future. Within a week or two my alternative Bollinger Band could coincide with the classic calculation. Then I predict a big move. Unfortunately it could be on the downside (market crash/correction). Have a look on my chart on my website what happened when earnings were released last October. Fundamentally I see AAPL worth $38 if we have the patience to wait. More if profits are further upgraded. David