SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (12252)9/26/2011 3:17:55 PM
From: Jacob Snyder1 Recommendation  Read Replies (2) | Respond to of 13403
 
AAPL ss 100 @ $400.01

While the market and tech have turned down, with the charts looking steadily more bearish, AAPL has held up. This is part of the "flight to quality". MU getting cut in half, while AAPL continues to hit all-time highs, is similar to buying "quality" bank stocks or "quality" sovereign debt. A falling tide beaches all boats, so AAPL will follow MU. AAPL's run-up from 78$ to 423$ (2009 low to 2011 high) is way overdone. Also, today we have a hint of a rumor AAPL's business is softening: bloomberg.com