General Stock Ideas

[gfp927z]

ITMS, For a pullback in AAPL, the nearer term target (prior to reaching 240) would the 260-270 area, which also corresponds with the rising 50 MA (262).

The stock market in general is looking near term overextended, but that might continue into January prior to the pullback. If so then AAPL might make a run to 300 before the pullback.

I'm thinking the DJIA might test 30,000, and the S+P test 3300, prior to the pullback, but just a guess :o) Either way, we're due for some consolidation before very long.