Friday, October 12, 2007 12:11:27 AM
Well, I guess my premonition came true a bit earlier than I anticipated.
Obviously, the correction in this stock and the other flyers was due at any time. Within an hour of my post was a bit of a surprise I'll admit. Some say the downturn began as the interview with HELLery Clinton began. A sign of things to come later in 2008? Could be.
As to AAPL. Great company. Great run and marketing is amazing. Their product are 35% hype. As noted, I have yet to see a single person with an I-phone to date here in wealthy, successful and unscathed New York. Unscathed by real estate issues to date or any sign of any economic problems. One place where things have begin to turn south is California and that could have already caused issues with sales for AAPL as most hot trends start there first and spread. So far, no spread and perhaps no craze to own AAPL either.
You could, of course, be correct. Sales could be amazing.Stock could bolt over 200. I doubt it but I probably won't bet with them at these prices or against them for now.
Obviously, the correction in this stock and the other flyers was due at any time. Within an hour of my post was a bit of a surprise I'll admit. Some say the downturn began as the interview with HELLery Clinton began. A sign of things to come later in 2008? Could be.
As to AAPL. Great company. Great run and marketing is amazing. Their product are 35% hype. As noted, I have yet to see a single person with an I-phone to date here in wealthy, successful and unscathed New York. Unscathed by real estate issues to date or any sign of any economic problems. One place where things have begin to turn south is California and that could have already caused issues with sales for AAPL as most hot trends start there first and spread. So far, no spread and perhaps no craze to own AAPL either.
You could, of course, be correct. Sales could be amazing.Stock could bolt over 200. I doubt it but I probably won't bet with them at these prices or against them for now.
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