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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting -- Ignore unavailable to you. Want to Upgrade?


To: HerbVic who wrote (492)1/19/1999 4:39:00 PM
From: HerbVic  Read Replies (1) | Respond to of 692
 
Well, it wagged... in the wrong direction. A big slug of limit sell orders formed a wall at 41 1/16. The bid backed off to tease them down. They took the bait to 40 15/16 but were gobbled up *at the ask.*

Was this the last wave of AAPL divestiture? Probably not. But it appears that much of the rest of the market is betting that AAPL is not too pricy at 41. We seem to be consolidating here for awhile. But eventually the movers and shakers will 'bull'doze us into February.

(grin)
HerbVic