Just want to thank AAPL for messing up my QLD trade, couldnt go higher like it did last few quarters after earnings. I go long QLD under $70 and AAPL lowers guidance.
AAPL is not going to have a good 2008, I really think its going to take more than thin notebook and AAPL TV to get it back to $200+, I actually think it could fall even further going into the rest of 2008. The AAPL trade is done with, may be able to trade it here and the rest of 2008 I see limited upside.
end of fantasy for aapl....and it will be ugly now...uptrend is finished....aapl goes into multi yr up and downtrends.... also no analyst sell recommendations....aapl to 90.... why spend 400$ on a phone ???overpriced commodity....plenty of competition...emperor with no clothes?
Those AAPL longs should see this coming with that crappy looking chart. A momentum stock is a real b!tch when you are on the wrong side of the trade.
current Nasdaq 100 holding %'s...WOW! Apple Inc. 12.67% Microsoft Corp. 6.83% Google Inc. (Cl A) 5.53% QUALCOMM Inc. 4.87% Cisco Systems Inc. 3.39% As of 1/18/2008 ...well...totally looks like a sell NQ morning tomorrow...again...do your own DD and stufy tonight...thoughts...please chime in....