Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 28 4:00 PM EST

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To: GROUND ZERO™ who wrote (39438)	10/25/2012 5:54:12 PM
From: Keith Feral	Read Replies (1) of 219483

Apple earnings failed to impress, but the after hours commotion in nothing close to what traders would have wanted to see to grab shares cheap tomorrow. I guess the 14% correction in Apple will probably stand for now. Maybe the worst thing that happens is that analysts start putting realistic price targets on the stock around $750. I can't see the company getting above that level in the next year. But, I don't see it slipping much below $600 either. 1 down - next week it will be oil stocks in the line of fire. Probably someone the week after that. Still impressed with the way the bond market is holding above 1.80 today. This is the longest decline I can remember in stocks with bond yields going higher.

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