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


To: Edward Boghosian who wrote (133035)5/5/2012 6:55:52 PM
From: Cogito  Read Replies (1) | Respond to of 213177
 
Will it do that? Who knows. But the 428 level is now being mentioned in our conversations. Is there anyone who will now say no way?
I would never say no way.

I would, however, consider it unlikely, because that would mean that the market was awarding AAPL a P/E ratio of only 10.4, which seems silly to me. But the market does do silly things, sometimes.

If the stock does get down that far, I'd consider it a monumental buying opportunity, for those who have the means to take advantage of it.



To: Edward Boghosian who wrote (133035)5/5/2012 7:14:56 PM
From: rnsmth  Respond to of 213177
 
There was a move from about $516 to $644

$568 is about a 61.8% retracement of that move, isn't it?

I didn't make that up, I read it somewheres. :)



To: Edward Boghosian who wrote (133035)5/5/2012 9:59:26 PM
From: Henry J Costanzo  Respond to of 213177
 
Once again...Gaps must be filled ??

NO WAY...