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


To: Linda Kaplan who wrote (18371)9/23/1998 12:35:00 AM
From: Sam Scrutchins  Read Replies (2) | Respond to of 213177
 
Does it mean that AAPL is likely to go down from here, before it goes way up higher?

No Linda,

Hi Grader is saying that we've just finished the wave 2 pullback in a minor wave sequence and have started wave 3, with a low of 35 (actually, the low was 35 5/16's--The quote was wrong all day yesterday, but it corrected at the close). He expects this wave to carry at least to 45 and possibly to 50 or so. Look at the chart at his sight. Click on the 'Ideal Wave' and then click on the Apple link on the chart picture. His analyses have been very exacting, and I have no reason to believe this one will be any different. Did you notice the substantial pick-up in volume at the close. Probably a leak of the August sales data posted earlier on this thread. With the S&P futures more positive than they were earlier, and if they hold, we could see a nice Apple rally tomorrow and for the rest of the week.

Sam