Apple Inc (AAPL)

[louismg]

In the last two weeks, with CEOs losing their jobs over accounting stock options issues, I believed that Apple was still at risk for yet more bad news. I thought that even if they had a strong quarter, the uncertainty and potential restatement of previous quarters would be a drag on the stock. Beyond that, anyone who watches AAPL closely knows that even the slightest hint of weakness can cause a tidal wave of financial negativity. With a product transition to Intel processors, and the occasional analyst note regarding slowing iPod sales, I thought I was the smart one by selling my stock for a profit and getting out below $73. Maybe a decrease after earnings would get me a chance to buy in again in the mid to high 60s?

Clearly, I was wrong. Again. And now, while my money sits in cash at eTrade, those who kept the faith and tried not to game the stock are reaping the rewards. I still love my Macs, but I'd love them even more if I wasn't such an idiot investor.