Apple Inc (AAPL)

[HadMint1]

Just an FYI here: Tech sector in general had been lagging of late. That being said, it has a little catching up to do with the rest of the market, including AAPL. These secular movements go in waves and I think we just saw the beginning of a new tech run into the holidays. On a different note, just the announcement of an iPad mini will drive APPL pps up another 5%; couple that with good earnings we should see another 10% or 65 pts bringing the pps to 715 before months end. I know these are "what if's", but I feel that the probability of that not happening is far less that it actually becoming reality.

From a technical standpoint, I think that we top out after a good earnings report around 700-715 and we see another sell off back to 630 before this thing runs to 950-1000 by the springtime-early summer. Take a look at the 1yr chart and tell me if you all see some seasonal similarities from a year back; just remember to scale the percentages down because AAPL pps was about 360 a year ago.