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


To: Andrew Danielson who wrote (18003)9/15/1998 5:34:00 PM
From: Andrew Danielson  Respond to of 213177
 
Impressive close

Get an intraday chart out on AAPL and notice the spike in volume the last few minutes of trading.

Also note that the average-sized trade was 1,161--much higher than it has been the past several days (typically 750-800). This may indicate more institutional buying.

The gain erased the 2-day slide going into today and bodes well for the near term. The question is, if AAPL gets pinned to a strike price, does it have enough momentum for that pin to be at 40 instead of 37 1/2?

Should be an interesting next few days. . .

Andrew