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Technology Stocks : Apple Inc.
AAPL 278.37+0.1%3:59 PM EST
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To: Cogito who wrote (142417)10/9/2012 1:32:04 PM
From: Kelly G.2 Recommendations  Read Replies (1) of 213176
 
Which only puts more tension on the coiled spring.
Frequently with Apple, you see big pull backs that leave most of us scratching our head because we know what we know. Namely, Apple is still cheap, producing products that millions want to buy and have ever increasing revenue and profits. Also, there is plenty of evidence to suggest that the new product introduction is far from over.

Anyway, these pull backs usually seem to be orchestrated. We get lots of reports of production problems or similar than the technical folks chime in and, wham, we get a 10% correction. Here is at least one person who thinks that it is indeed market manipulation:

And Now For The Conspiracy Theory On Why Apple Stock Is Crashing… - Business Insider

Any, yes, I too think it like a coiled spring and think we are at or near the bottom and I think we can still see 750 before the end of January for these levels.
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