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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Doren who wrote (70506)	10/29/2007 2:57:52 PM
From: HerbVic	Respond to of 213183

Watching CNBC this morning, one analyst was saying, if I understood correctly, inflows into the market until the month is over, then watch the reversal start. Well, not in exactly those words, but that's what I got out of it. AAPL will rise and fall with broader market fluctuations. A long term (>1yr) horizon looks pretty safe. However, a recession scare will cause consumers to tighten their belts and such a scenario will affect iPod sales in this country and might slow computer sales growth. FYI, I'm no longer long. I'm in cash, but that doesn't mean I know anything. My retirement horizon is getting closer, and I'm exercising my right to be ultra conservative. It'll probably cost me a little.