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Technology Stocks : Apple Inc.
AAPL 259.06-0.5%Jan 8 3:59 PM EST

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To: Cogito who wrote (70798)11/6/2007 4:39:49 PM
From: inaflash  Read Replies (1) of 213181
 
I love how the stock seemed to take off just after you guys had this discussion about it being range bound, hitting a new all-time trading high, and a new all-time closing high.


All I did was simply point out what happened the last 3 years. Up 2% right afterwards (188 to 192) isn't bad, but there's quite a bit more to go in gain as well as time if past is any indication. I was looking for what trigged the sudden bump, but looks like it was a widespread rally. I doubt anyone really listens to me anyway. FWIW, I don't know if this year would follow similar pattern as we've had a higher than average run-up for the year, so it's possible the stock is still ahead of itself. For the most part, I believe the stock has been reflecting overall market conditions with higher variance during these lull periods between earnings.

Just looking at the last 3 years, went up 8-18% in the last 8-10 weeks of the year, so if it follows similarly this year, things look good.


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