Apple Inc (AAPL)

[Steve Nix]

Cautious buyers, please be patient. It's great to see everyone giving different insights, and right now everything is exciting, but is still a big ?. MY OPINION ONLY: I am also believing that Apple will surprise in the number of iPhones sold, but the number of 4's and 4s's sold will be larger than expected. No other surprises overall, probably a lackluster report. Follow the after hours price as the report is given. I am also guessing that the longer Tim Cook speaks, the more the AH price will go down. By the close of the market tomorrow, I feel the price will be below $417. I would normally be a buyer at $415, but the overall 9 day and 30 day RSI readings cause concern. Follow that up by looking at a chart of .DJI, .INX, and .IXIC over the past 2 1/2 months, and if you are like me, it looks like a overall market correction of 5-10% is coming within the next week. I have the money on the side, and I am anxious to jump back in, but it just doesn't seem like the time is right to me. Sometimes patience can be rewarded. Only time will tell.