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


To: Trader J who wrote (148343)1/15/2013 9:39:13 PM
From: Keith Feral  Respond to of 213172
 
I don't feel much better or worse with Apple at $485 than I did last year with Apple at $485 after earnings. It's good to see the stock start the year at the lows! It took the market far longer to realize how cheap Apple was around $450 last year. I feel very fortunate to finally be able to finally have all my shares back plus the gains from last year.

The market would have to get crushed from here for Apple to go much lower in the near term. I dumped my DIA position today to buy my last batch of Apple shares. Apple should be able to outperform the DOW very nicely from todays levels for the next few months before it's time to sell in May and go away.