Message #215 From:
Jason Date: March 23, 2009 10:53:40 PM
Apple Stock AAPL Breaking Trend
Apple Inc stock ticker symbol AAPL has broken out of it's trading range. What does it mean for the next six months. We all know summers can be both good and bad for stocks. However, this rally may not hold for many stocks. Will Apple AAPL be the lucky one which holds it's gains? Apple shareholders are hoping so. AAPL stock is in high demand and the share price has been steadily climbing over the last week. I am not certain the gains will hold. What has changed in the economy that will encourage consumers to purchase high quality but expensive Apple gear? Unless President Obama starts issuing rebates for iPods and iPhones, I would remain very cautious on Apple at these levels. I am not certain we have seen the worst of this bear market! For those longs who are buying, I wish the best for you. I hope Apple goes all the way to $300!
I look forward to reading and responding to your comments!
