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


To: Eric Yang who wrote (17193)8/24/1998 3:47:00 PM
From: soup  Respond to of 213176
 
41 @ 3:47



To: Eric Yang who wrote (17193)8/24/1998 5:01:00 PM
From: X-Ray Man  Read Replies (1) | Respond to of 213176
 
Hmmm. I don't know. I have been successfully day trading
it the last few sessions. Sold out at start of day today,
plan to buy in again tomorrow.



To: Eric Yang who wrote (17193)8/24/1998 9:20:00 PM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213176
 
<<AAPL has been so volatile in the last few sessions...It's wild..hehe. Currently at 40 1/2. I think the best thing to do is to buckle the seatbelt and settle in for the ride.

The market will realize how nice Q4 is going to be in due time.>>


The volatility will continue for the rest of the year on AAPL. The
main reasons are:

- AAPL has probably been identified as a hot stock by day traders who trade
AAPL using Internet; The similarity of trading patterns and of
volatility between AAPL and DELL/YHOO are getting closer.
- Generally speaking, AAPL is one of the best candidates for traders
due to its upward trend and its highly potential upside movement in
a short time frame. Any sudden drop such as today's will create
opportunities for them to potentially win the battle in a rather
short-term investment.
- AAPL's Q4 will be so well that it provides safety net for investors
as well as speculators.

Well, I still don't encourage anybody to become day traders unless
he/she is knowledgeable enough for the game.

Phil