Apple Inc (AAPL)

[Steve Nix]

Wow, it's taking a dive. I didn't expect this until maybe after earnings. It could be a combination of many things: It's summer, volume has been very low, relatively low R&D budget, slow development of new products, no new products produced, many other corporate results have been on the negative side, terrible news about current results in Russia, India, Japan, and China, etc.? I know AAPL can go to $550, but not without something substantial being presented to the buying public. I'll be a buyer again, at $415 or lower, because I think $400 will be close to it's absolute bottom (because of it's inherent value), but we won't know for sure until after earnings next week. Except for my Apple April, 2014 option at $440, I'm all cash right now and will have a relaxing weekend! Good luck to all!