Apple Inc (AAPL)

[Santa Barbara Broker]

Short term AAPL is headed to $100-$101

Then be prepared to see support levels broken all the way down to $86 over the next two to three months and quite possibly a panic day touch of the base at $75. This market has no fundamental reason left to go up in the near term and anyone who believes otherwise either is engaging in wishful thinking or simply doesn't understand economics. If you don't plan for what's coming you are gambling and without a plan you will lose a ton of money between now and next September. I'd be buying AAPL here and dumping it all between $100 and $101. Then somewhere between $75 and $80 this summer I will be loading the truck for the I7 bump to $110-$115 this fall. Cheerleading ain't investing boys and girls...as I have correctly stated here many times before stop falling in love with your stock.

SBB