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Technology Stocks : Apple Inc.
AAPL 270.110.0%3:59 PM EST

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To: NAG1 who wrote (145110)11/16/2012 10:37:45 AM
From: slacker711  Read Replies (4) of 213172
 
I keep hearing the 425 number from technicians.

We'll see. I doubt we get there without some sort of negative economic event, but I've been wrong many times before. The problem for Apple is that there arent any catalysts in the near-term to arrest the slide. It isnt like Apple ever preannounces earnings so selling seems like a pretty safe play until January.

One nice catalyst would be getting approved by China Mobile, but I doubt that happens in the short-term.

Slacker
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