Well, I've been doing this long enough to know that a stock like AAPL will keep going up until it doesn't anymore and when that day comes, watch out.
AAPL is in a hyper growth stage right now by simply milking the image they've created over just the last 4 years or so. I remember this stock pre-split 2 splits ago at $116 in the late 1990's and then watching all the same goo-goo talk about it back then as it suddently fell from $116 to under $30. Right now is a phase just like back then.
I'm telling you guys, we're on the cusp of another bear market after we get this one last 'oomph' in the market that could be substantial. But when that bear starts late next year or early 2009, these stocks will get hammered.
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