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Thursday, January 13, 2005 9:41:50 AM
AAPL revisits March 22, 2000 (bubble-like) psychology
Today is only the second day ever in the long history of Apple that it's stock will trade above 72.38 during an intraday session. The last time was March 22, 2000 when AAPL hit an all-time high at 75.19. At the open AAPL ticked not too far from that at 74.60. Now having pulled back to 73.47 currently, this stock is perhaps (yet another) imminent sign we are in another large tech-bubble. This situation bears watching as euphoria seems to be running rampant among AAPL shareholders.
AAPL since 1981
Today is only the second day ever in the long history of Apple that it's stock will trade above 72.38 during an intraday session. The last time was March 22, 2000 when AAPL hit an all-time high at 75.19. At the open AAPL ticked not too far from that at 74.60. Now having pulled back to 73.47 currently, this stock is perhaps (yet another) imminent sign we are in another large tech-bubble. This situation bears watching as euphoria seems to be running rampant among AAPL shareholders.
AAPL since 1981
HI-HO SILVER !!!
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