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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (39442)	10/25/2012 8:56:32 PM
From: Keith Feral	Read Replies (2) \| Respond to of 219494

Apple is nudging higher AH, which is a good thing. $50 EPS power should put in a floor around $600 I guess. There are still a few stocks that are overextended here and there. But, those will work themselves out through the course of earnings season. Every time we think we are through, maybe another blast here or there that "holds" the market back. Now, the market can just basically sit back and worry about election results and the fiscal cliff. As far as the economy goes, the bond market keeps telling a better story. Next Friday's unemployment number is the only macro number that could shake up the bond market right now. I still think the bond yield wants to head back towards 2% on the 10 year.