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


To: Phillip C. Lee who wrote (17350)8/27/1998 9:22:00 PM
From: Richard Habib  Read Replies (1) | Respond to of 213173
 
Phil, Phil, Phil. I wonder how many people followed your rose colored advice bought in the 40's and sold out today. Phil, I'm 75% cash. My puts on Kulick & Soffa made me 300% and your my contrarian indicator. When your completely bloodied, when you express outrage that you've been betrayed by the market - that's when I'll commit the rest of my cash. Then I'll know we're close to a bottom. Expect another bloody day tomorrow. None of the tech bellweathers have been truely hurt and that's what it will take to reach true capitulation. Rich



To: Phillip C. Lee who wrote (17350)8/27/1998 9:30:00 PM
From: RX4PROFIT  Read Replies (2) | Respond to of 213173
 
Hi Phil..I've been here lurking in envy admiring AAPL's past resiliency in this volatile market looking for a reentry point. Couldn't resist AAPL at these prices -- I'm back in @ $38.50 (bought in @ 10:43, too early I guess). Besides the rest of the world's problems, keep an eye on the Nikkei. The Nikkei last night closed at 14,413 -- breaking a key support level (14,500) established in 1985! Analysts warn bearishness could soar in Japan if drop continues. Good Investing...