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Technology Stocks : Apple Inc.

AAPL 271.01

-0.3%

Jan 2 9:30 AM EST

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To: Road Walker who wrote (145143)	11/16/2012 7:24:02 PM
From: Doren	3 Recommendations of 213177

> DorEn meant fiscal cliff in the sense if fear for the economy, not selling in anticipation of tax increases. Both. AND Apple has traditionally been more volatile than the overall market too, so that's probably a part of it. I think most of us guessed Apple's stock price would be pressured around now, just not this much. I have to say compared to 2008 I'm not very worried. 2008 had me sick to my stomach. This time... a little worried, not a lot. I still think Apple is going to rake in $$$ this xmas. The fiscal cliff: at the risk of politics: We are going to go over it. Brinkmanship. But immediately after going over the cliff they'll agree to a retroactive deal. Its in the interest of people in Congress to "prove" to their constituents that they are "tough" whether Republican or Democrat. So they'll go over the cliff to "prove" it then they have the excuse that "they had to" compromise for the sake of the nation. They don't care what it does to the economy, in fact, a lot of bets will probably be placed by brokers working for our congress around the fact that its going down to the wire or even past the wire. By the way I forgot to add Europe to the overall mix. - rumorS (multiple) - Europe - fiscal cliff - year end selling - "missing" last quarters absurd expectations - lemming effect Having said that... do I wanna risk some more capital to make what seems to me a pretty easy 20% short term profit? Hmmm... Europe... 2008 still burned into memory... 2008 and now is how we earn our money.

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