Hi Reid,
I agree. Actually, I am rather pleased in a way that AAPL didn't go ballistic. This bodes well for the longer term health of the trend.
I agree that AAPL has now hoisted itself above a critical barrier, and is resting there. Probably waiting for the dust to settle, and I suspect there are still a lot of big clients who want to accumulate shares, but have to do so in batches.
AAPL will do very well over time, I am convinced of that. I find very little to fault about any aspect of the company, business, charts, technicals, market, etc. If I could own just one stock for the medium to long term, AAPL would certainly make the final list of candidates, and at the moment I can't think of any stock I would pick before AAPL.
Just my opinion, and things can change as we both know.
T |